1 Jul 2021 08:00
PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: Notice of Q2 & H1 2021 Financial Results 01-Jul-2021 / 09:00 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
| Notice of Q2 & H1 2021 IFRS results webcast & conference call 01 july 2021 Magnitogorsk, Russia | PJSC MMK ("MMK", or "the Group") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join MMK Q2 & H1 2021 IFRS results webcast & conference call. MMK management will hold a conference call on these financial statements on 22 July 2021 at 4:30 pm Moscow time (2:30 pm London time, 9:30 am New York time). Date: 22 July 2021 Time: 16:30 Moscow time14:30 London time9:30 New York time |
| | Russia | UK | USA | | | Local access | +7 495 646 9190 | +44 (0) 330 336 9434 | +1 646-828-8143 | | | Toll free | 8 10 8002 867 5011 | 0800 279 7209 | 800-263-0877 | |
| | Conference ID: Russian - 6926579 English - 2525738 Webcast: To register for the webcast please use the following link. The call recording will be available for seven days via the following numbers: Call recording ID: Russian - 6926579 English - 2525738 |
| | Russia | UK | USA | | | Local access | 8 10 800 2702 1012 | +44 (0) 207 660 0134 | +1 719-457-0820 | |
| | A presentation of the financial results and the IFRS financial statements can be found at: http://eng.mmk.ru/for_investor/financial_statements/ | | About MMK MMK is one of the world's largest steel producers and a leading Russian metals company. The Group's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products, with a predominant share of premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln tonnes of commercial steel products. ММК is an industry leader in terms of production costs and margins. Group revenue in 2020 totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest debt burden. Net debt/EBITDA ratio was -0.06х at the end of 2020. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's and S&P. MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 15.7%. | Subscribe to our official MMK channel in Telegram, to be the first to know about key MMK news. | | | | | |
| INVESTOR RELATIONS DEPARTMENT Veronika Kryachko +7 915 380 6266kryachko.vs@mmk.ru ESG DEPARTMENT Yaroslava Vrubel +7 982 282 9682vrubel.ys@mmk.ru COMMUNICATIONS DEPARTMENT Dmitry Kuchumov+7 985 219 2874kuchumov.do@mmk.ru Oleg Egorov+7 903 971 8837egorov.oa@mmk.ru | | KEY UPCOMING EVENTS IN 2021 Financial calendar | | 14 July | Q2 and H1 2021 Trading Update | | 22 July | Q2 and H1 2021 IFRS financials | | 23-26 July | Non-deal roadshow (NDR), online | | 27 July | Virtual conference for retail investors, VTB Capital |
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| ISIN: | US5591892048 |
| Category Code: | NOR |
| TIDM: | MMK |
| LEI Code: | 253400XSJ4C01YMCXG44 |
| Sequence No.: | 114696 |
| EQS News ID: | 1214113 |
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| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
