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Capital Markets Day 2018

NLMK Group (LSE: NLMK), the leading Russian steel producer, announced the results of its Strategy 2017 for the period 2014-2017 on 20th February, 2018 and held a Q&A session with investors.

The Strategy 2017 target of $1 billion in annual EBITDA gains has been achieved.

  • Strategy 2017 delivered structural annual EBITDA gain of $1,019 m.
  • Management initiatives contributed around $740 m (over 70%) to the result.
  • Additional gains of around $160 m in 2018 expected to come from recently completed investment projects.
  • Full self-sufficiency in iron ore and pellets has been achieved with positive NPV of the investments.
  • NLMK sales grew faster than respective markets across all of the Group’s divisions.

Speakers

Oleg Bagrin
Chairman of the Management Board
Grigory Fedorishin
Vice President, Finance

Press-releases

20.02.2018. NLMK Group (LSE: NLMK) announces results of its Strategy 2017 for the period 2014-2017
Strategy 2017 target of $1 billion annual EBITDA gains has been achieved. Strategy 2017 delivered structural annual EBITDA gain of $1,019 million. Management initiatives contributed around $740 m (over 70%) to the result.

20.02.2018. Q4 and 12M 2017 NLMK Group consolidated financial results under IFRS
NLMK Group (MICEX and LSE: NLMK) is pleased to announce growth in 12M EBITDA by 37% yoy to $2.66 bn. EBITDA margin grew by 1 p.p. to 26%. Free cash flow increased by 16% to $1.27 bn.