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Notice of Results

22 Mar 2017 13:43

RNS Number : 2243A
AvangardCo Investments Public Ltd
22 March 2017
 

 

 

22 March 2017

AVANGARDCO INVESTMENTS PUBLIC LIMITED

 

NOTIFICATION OF 2016 FINANCIAL RESULTS AND CONFERENCE CALL

 

Kyiv, Ukraine - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "AVANGARDCO IPL"), the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Europe, will announce its audited financial results for the year ended 31 December 2016, on Wednesday, 29 March 2017.

The management team will host an investor and analyst conference call at 14.00 p.m. (London), 16.00 p.m. (Kiev and Moscow) and 09.00 a.m. (New York) on Wednesday, 29 March 2017, including a question and answer session. The dial-in details for the conference call will be sent together with the press release on the day of publication.

- Ends -

For investor inquiries:

Valeriya Nikitina

AVANGARDCO IPL

Investor Relations Manager

phone: +38 044 393 40 50

mob.: +38 067 223 46 88

e-mail: ir@avangardco.ua

 

FTI Consulting London

Elena Kalinskaya / Nicola Krafft

phone: +44 (0) 20 3727 1000

e-mail: avangard@fticonsulting.com

 

 

# # #

Information for editors

AVANGARDCO IPL is one of the largest agro-industrial companies in Ukraine, specialising in the production of shell eggs and dry egg products. As at 30 September 2016, the Company holds a 31% share of the industrial shell egg market and a 84% share of the dry egg product market in Ukraine. The Company's laying hens flock is one of the largest globally.

AVANGARDCO IPL has a vertically integrated production cycle. The Company's facilities are located in 14 regions of Ukraine and the Autonomous Republic of Crimea. The Company has 19 laying farms, 3 hatcheries, 10 rearing farms, 6 feed mills, 3 long-term storage facilities and the Imperovo Foods egg processing plant, which is one of the most technologically-advanced facilities for processing eggs in Europe.

The Company exports its products to the Middle East, Africa, Asia, the CIS and EU.

The Company's shares, in the form of Global Depositary Receipts, have been trading on the London Stock Exchange since May 2010. The Eurobond issue for approximately US$200 mln with a maturity on 29 October 2018 was included in the official list of the UK Listing Authority (UKLA) and admitted to trading on a regulated market of the London Stock Exchange on 1 November 2010.

# # #

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of AVANGARDCO IPL. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might", the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in the Company's geographical locations, rapid technological and market changes in our industry, as well as many other risks specifically related to AVANGARDCO IPL and its operations.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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