IR releases
NLMK Group's Board of Directors recommended NLMK shareholders to approve Q3'20 dividend in the amount of RUB 6.43 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 18 December 2020. This sum includes one-off dividends of RUB 3.21 per share aimed at compensating the decrease in dividends in Q4 2019 following the resolution of the Meeting of Shareholders held on 24 April 2020.
NLMK Group (LSE: NLMK, MOEX: NLMK) is pleased to announce that in Q3 2020 its revenue increased by 3% qoq to $2.2 bn, EBITDA totalled $579 m (-1% qoq). NLMK Board of Directors recommended approving Q3 2020 dividends in the amount of RUB 6.43/share.
NLMK Group (LSE: NLMK, MOEX: NLMK) is pleased to announce that in Q3 2020 its steel output grew by 3% yoy to 3.9 m t (flat qoq). Sales increased by 11% yoy, totalling 4.4 m t (+2 qoq).
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q3 2020 on Wednesday, October 21, 2020.
At the Extraordinary General Shareholders’ Meeting (EGM) held on 25 September 2020, NLMK shareholders approved the payment of Q2’20 dividends of RUB 4.75 per share. 6M’20 dividends will amount to RUB 7.96 per share.
NLMK Group is committed to continue reducing its greenhouse gas emissions in the period leading up to 2023, while growing steel production at the same time. Its target specific emission level will be 1.91 tonnes of СО2 per tonne of steel, compared to 1.98 tonnes in 2019* (a 3.5% reduction).
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