Home  Issuers' Corner  Press Releases  Novolipetsk Steel
CLOSE

Press Releases > Novolipetsk Steel  all about the company

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

November 11, 2014

Q3 and 9M 2014 Consolidated Financial Results under US GAAP

Q3 2014 KEY HIGHLIGHTS:

• Group’s steelmaking capacities were running at 96% (+2 p.p. quarter-on-quarter);

• Steel sales totaled 3.583 million t (-7% quarter-on-quarter);

• Revenue totaled US$ 2,607 million (-7% quarter-on-quarter);

• EBITDA was US$ 693 million (+17% quarter-on-quarter);

• EBITDA margin was 27% (+6 p.p. quarter-on-quarter);

• Net income was US$ 281 million (+77% quarter-on-quarter);

• Net debt totaled US$ 1,803 million (-14% quarter-on-quarter);

• Net debt/EBITDA was 0.83 (1.14 in Q2 2014).

OUTLOOK

• Q4 sales are expected to grow by 2-5% quarter-on-quarter, which will partially offset the seasonal softening in steel prices.

NLMK is pleased to invite the investment community to a conference call with the management of NLMK:

November 11, 2014

09:00 (New York)

14:00 (London)

17:00 (Moscow)

 To join the conference call, please, dial

International Number: +44(0)20 3427 1918

US Number:  +1 877 280 2296

Russian Number: +7 495 213 0979

Conference ID: 3585260

 *We recommend that participants start dialing in 10-15 minutes prior to ensure a timely start of the conference call.

It is recommended that participants download presentation in advance on NLMK’s web-site www.nlmk.com

 The conference call replay will be available through November 24, 2014.

International Replay Number: + 44 (0) 20 3427 0598

US Replay Number:  +1 347 366 9565

Russian Replay Number: +7 495 705 9453

Replay Access Code: 3585260

 Investor Relations contacts:
Sergey Takhiev
+7 (495) 915 1575
tahiev_sa@nlmk.com

Media contacts:
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer