NLMK Group’s Annual Report ranked first in Expert RA rating
Companies from Russia, Kazakhstan, Latvia and Ukraine participated in the Review of the best practices in annual reporting in 2014: searching for the target audience research. This year, the number of participants was expanded to include 140 companies. Their Annual Reports 2013 were evaluated based on the following criteria: Market positioning; Business strategy; Value creating activities; Sustainable development; Availability of formal information.
NLMK has been participating in Annual Report contests for seven years, and the high esteem in which NLMK's Annual Report is held confirms our commitment to best global practices for information disclosure, and international corporate reporting standards, and the efficiency of the approaches we use to promote dialogue with our shareholders and investors.
Previously, IR Global Rankings 2013 placed NLMK Group among top three companies in the world in terms of financial disclosure. In 2013, UK IR Society shortlisted NLMK’s Annual Report in the “Most effective overall annual report by an international company” category. NLMK’s Annual Report also won three national competitions in nine nominations.
About NLMK Group
NLMK Group is a vertically integrated steel company and Russia’s leading steel maker and manufacturer of rolled products with high added value. NLMK’s high-quality metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and offshore wind turbines.
NLMK’s production facilities are located in Russia, Europe and the USA. The Company’s crude steel capacity is over 17 million tonnes per year, of which approximately 16 million tonnes are located in Russia.
NLMK has the most competitive cash cost among global manufacturers; and one of the highest profitability levels in the sector. In H1 2014, the Company generated $5.4 billion in revenue and $1.1 billion in EBITDA; its net profit was $332 million.
NLMK’s ordinary shares are traded on the Moscow Stock Exchange (ticker “NLMK”) and its global depositary shares on the London Stock Exchange (ticker “NLMK:LI”).