IR releases
In order to reduce the spread of the coronavirus pandemic (COVID-19) and in line with the new provisions of Russian laws stipulating the possibility of holding Annual General Shareholders’ Meetings in 2021 by absentee voting, NLMK’s Board of Directors has resolved to hold the NLMK AGM on 2020 results on April 29, 2021 in the format of absentee voting. The list of persons eligible to participate in the AGM will be settled based on the Shareholder Register as on 5 April 2021.
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 (LSE: NLMK, MOEX: NLMK) sales grew by 3% yoy to 17.5 m t in 2020. Steel output increased by 1% yoy to 15.8 m t.
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