OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces Q2 2007 Russian Accounting Standards (RAS) financial results for its major companies.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2007.
Results of voting at the 2007 Annual General Meeting
OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces Q1 2007 Russian Accounting Standards (RAS) financial results for its major companies.
On April 16, 2007 NLMK's Board of Directors took the decision to hold a General Shareholders' Meeting on June 5, 2007.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2007.
NLMK Group (LSE: NLMK, MOEX: NLMK), a vertically integrated steelmaker, has published today its preliminary Q1 2019 operating results.
In 2018, NLMK Group sales grew to 17.6 m t, up 7% yoy. Steel output grew by 2% yoy to 17.5 m t. Steel capacity utilization rate was 99%.
In Q3 2018, steel output grew by 1% qoq to 4.4 m t (flat yoy); capacity utilization rate remained high at 99%. Group sales in Q3 2018 grew by 1% qoq to 4.4 m t (+4% yoy).
In Q2 2018, steel output grew by 1% to 4.38 m t (+6% yoy); capacity utilization rate grew by 1 p.p. qoq to 99%. Group sales in Q2 2018 totaled 4.38 m t (+6% qoq; +4% yoy).
In Q1 2018, steel output totaled 4.33 m t, flat qoq (+3% yoy). Capacity utilization rate grew by 3 p.p. to 99%. Group sales in Q1 2018 totaled 4.15 m t, which is 13% higher than in Q1 2017 (-5% qoq).
In 2017, NLMK Group steel output increased by 3% yoy to 17.1 m t. Group steelmaking capacities were running at 98%. NLMK Group sales in 2017 grew to 16.5 m t, which is 3% higher than in 2016.
At the Annual General Shareholders’ Meeting (AGM) held on 29 April 2021, NLMK shareholders approved the payment of FY2020 dividends of 21.64 rubles per share. Considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2020 is 7.25 rubles per share.
NLMK Group (LSE: NLMK, MOEX: NLMK) increased its revenue by 20% qoq to $2.9 bn, EBITDA totalled $1.2 bn (+31% qoq), EBITDA margin increased to 41% (+4 p.p. qoq).
In Q4 2020, NLMK Group (LSE: NLMK, MOEX: NLMK) increased its revenue by 7% qoq to $2.4 bn with EBITDA reaching $890 m. At year-end, EBITDA amounted to $2.6 bn, gaining 3%, with EBITDA margin reaching 29% (+5 p.p. yoy).
At a meeting held on 11 February 2021, NLMK Group's (LSE: NLMK) Board of Directors recommended the Company's shareholders to approve Q4'20 dividends of RUB 7.25 per share.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q4 2021 on Thursday, February 03, 2022.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q4 2020 on Thursday, February 11, 2021.
NLMK Group, a global steel company, has implemented a new real-time system for air quality monitoring at NLMK Lipetsk and Stoilensky. The new equipment collects data for a more granular and reliable tracking of the sites’ environmental impact.
NLMK Lipetsk has commenced hot testing of new environmental protection equipment at its steelmaking operations. The new unit for gas dedusting with a capacity of 600,000 m3 per hour, will enable a five-fold reduction in dust emissions at the Mixer Section of BOF Shop No. 1.
NLMK Group, a global steel company, announces today that the FTSE Russel agency has revised NLMK’s FTSE4Good rating upwards from 3.4 to 4.3 (with a maximum of 5.0) following its regular review. With this new rating, NLMK Group now ranks among the top 3% of steelmaking companies with the most sustainable practices (outstripping 97% of participating companies)
NLMK Group, a global steel company, and Rusatom Overseas (part of ROSATOM State Corporation) have signed a cooperation agreement in the field of hydrogen production and the development of technologies for CO2 capture and utilization
NLMK Group, a global steel company, has taken first place among ferrous metallurgy companies in the industry ESG rating composed by RAEX Europe based on 2020 performance. It selects the ESG leaders in 12 key sectors of the Russian economy based on 200 parameters. In the overall list of 155 Russian participants, NLMK Group ranks among the top 5 companies.
NLMK Group, a global steel company, was awarded a high rating of B- (on a scale of A to F) by Carbon Disclosure Project (CDP), a leading international organization that rates companies on their environmental sustainability.
NLMK Lipetsk has commissioned a 10,000 m2 automated warehouse complex as part of its efforts to boost the efficiency of its production processes. The complex will enable 24/7 supply of spare parts, components, and consumables to repair shops, reducing internal order completion time by a factor of four.
NLMK Group, a global steel company, and Rosenergoatom (part of the Electric Power Division of Rosatom State Corporation), a leading Russian generation company, have signed a partnership agreement on low carbon power energy supplies.
NLMK Group, a global steel company, the Belgorod Region administration, and the Russian Ministry of Industry and Trade have signed a Memorandum of Intent for a project to construct a new metals and mining facility at the Stoilensky Mining and Beneficiation plant.
Novolipetsk Steel (“NLMK”) hereby informs the holders of the 4.00 per cent. loan participation notes due 2024 (ISIN: XS1577953174, US85812RAA77) (the “Notes”) that (i) on 21 September 2022 NLMK made the scheduled coupon payment to the holders of the Notes whose rights are recorded by Russian depositories, and (ii) on 26 September 2022 (having received the required authorization from the Ministry of Finance of Russia) NLMK transferred the amount equivalent to the balance of the coupon payment to the account of the Issuer of the Notes (Steel Funding D.A.C.) with the Principal Paying Agent (Deutsche Bank AG, London Branch), which was supposed to be on-transferred by the Principal Paying Agent to the international clearing systems for distribution to the holders of the Notes via these systems.
NLMK Group, an international steel company, is pleased to announce that Expert RA has assigned it the credit rating of ruAAA with a stable outlook.
NLMK Group hereby informs that Expert RA has withdrawn NLMK’s credit rating following the expiration of the rating services agreement. NLMK Group plans to resume activities on initial credit rating assignment in the nearest future.
Considering the analysis of Q1 2022 performance and trends on the ferrous metallurgy market in early Q1 2022, the 2022 output of Russian ferrous metallurgy companies is expected to decrease year-on-year by more than 11 m t (-15%). The maximum decrease is expected in H2 2022, over 9 m t (-26%) vs. H2 2021
NLMK Group announces that Fitch Ratings has downgraded NLMK Group’s long-term foreign-currency issuer default rating from BBB (stable outlook) to B (rating watch negative). The rating action follows the agency’s downgrade of Russia’s sovereign ratings on 2 March 2022.
NLMK Group (LSE: NLMK, MOEX: NLMK), an international steelmaking company with operations in Russia, the USA, and the European Union, is pleased to inform you that it has published its 2022 financial calendar on its web-site. Please note that dates are preliminary and subject to change.
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