Last checked at 3 Apr 2017 16:29
PJSC 'Novorossiysk Commercial Sea Port' / Final Results CORRECTION: NCSP Group Consolidated Financial Results for Full Year 2016 (conference call data added) 03-Apr-2017 / 17:29 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. Press-release NCSP Group Consolidated Financial Results for Full Year 2016
03.04.2017 NCSP Group (LSE: NCSP, MoEx: NMTP) hereby announces consolidated financial results for the year ended 31 December 2016. NCSP Group's revenue for 12M 2016 totaled $865.6 million. Group's EBITDA increased by $18.5 million* or 2.8%* y-o-y and totaled $675.5 million*. Net profit for 2016 totaled $638.2 million versus net loss of $83.4 million in 2015. Cash and cash equivalents doubled since the last year and reached $234.1 million. The Group's debt including financial lease reduced by $115.7 million, while net debt reduced by $241.1 million or 17.2% y-o-y. Net debt/EBITDA ratio improved to 1.72* versus 2.14* at the end of 2015. NCSP Group Key Financial Indicators
* Management accounts NCSP Group's consolidated financial statements for 2016 are available at: http://nmtp.info/en/holding/investors/reporting/msfo/ Conference call and webcast for investors & analysts with NCSP Group's management will be held on Tuesday, April 4, 2017 at 18:30 Moscow time. Call title: NCSP Group 2016 Full Year Financial Results Russian call ID: 99339654 English call ID: 25800915 Dial-in numbers: Russia: +7 495 221 6523; 8 10 8002 041 40 11 UK and Europe: +44 203 043 24 40; 0 808 238 17 74 USA: +1 877 887 41 63 English webcast registration link http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=4475 About NCSP Group NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2015. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2015 totalled USD 877 million, and EBITDA was USD 657 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
Contacts Kristina Senko, Public Relations: KSenko@ncsp.com Mikhail Shchur, Investor Relations: MShchur@ncsp.com The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg |
| Language: | English |
| Company: | PJSC 'Novorossiysk Commercial Sea Port' |
| 2 Mira St. | |
| 353907 Novorossiysk | |
| Russia | |
| Phone: | +7 (8617) 60-46-30 |
| Fax: | +7 (8617) 60-22-03 |
| E-mail: | mail@ncsp-net.com |
| Internet: | www.nmtp.info |
| ISIN: | US67011U2087 |
| Category Code: | FR |
| TIDM: | NCSP |
| Sequence No.: | 4024 |
| End of Announcement | EquityStory.RS, LLC News Service |
561465 03-Apr-2017
UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.