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Russia's Evraz says net loss of $1.3 bln in 2014

Reuters - UK Focus

MOSCOW, April 1 (Reuters) - Russia's Evraz (LSE: EVR.L - news) , one of the country's largest steelmakers, made a net loss of $1.3 billion in 2014 compared to a loss of $551 million in the previous year, the company reported on Wednesday.

Evraz, partly controlled by Chelsea soccer club owner Roman Abramovich, said core earnings rose to $2.3 billion, up 28 percent year on year. Revenue fell nine percent, the company said.

(Reporting by Jack Stubbs, Editing by Polina Devitt)