Last checked at 6 Dec 2016 08:04
PJSC 'Novorossiysk Commercial Sea Port' / 3rd Quarter ResultsNCSP Group Consolidated Financial Results for 9M 2016 06-Dec-2016 / 10:04 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- NCSP Group Consolidated Financial Results for 9M 2016 06.12.2016 NCSP Group (LSE: NCSP, MoEx: NMTP) hereby announces consolidated financialresults for the nine months ended 30 September 2016. NCSP Group's revenue for 9M 2016 totaled $649 million. Group's EBITDA increased by $28.6 million* or 5.9%* y-o-y and totaled$516.9 million*. Net profit for 9M 2016 totaled $488.5 million versus that of $156.5 millionfor 9M 2015. Cash and cash equivalents increased nearly fourfold since the beginning ofthe year and reached $383.2 million. The Group's debt including financial lease reduced by $14.9 million, whilenet debt reduce by $289.4 million or 20.6% y-o-y. Net debt/LTM EBITDA ratioimproved to 1.62* versus 2.14* at the beginning of the year. NCSP Group Key Financial Indicators (in thousand USD) 9M 2016 9M 2015 Change Change %Revenue 649 305 654 676 -5 371 -0.8%EBITDA* 516 929 488 353 28 576 5.9%Profit for the 488 469 156 502 331 967 212.1%period (in thousand USD) 30.09.2016 31.12.2015 Change Change %Debt (including 1 496 605 1 511 516 -14 911 -1.0%financial lease)Cash and cash 383 209 108 671 274 538 252.6%equivalentsNet debt* 1 113 396 1 402 845 -289 449 -20.6%Net debt / LTM 1.62 2.14EBITDA* * Management accounts NCSP Group's consolidated financial statements for the nine months 2016 areavailable at: http://nmtp.info/holding/investors/reporting/msfo/ Conference call and webcast for investors & analysts with NCSP Group'smanagement will be held on Tuesday, December 6, 2016 at 17:00 Moscow time. The call will be held in Russian, English translation available on aseparate line. Webcast and slideshow available in English only. Media are welcome to join the call in listen-only mode. The call will be hosted by: Sultan Batov, CEO of PJSC NCSP German Kachan, Chief Accountant of PJSC NCSP Mikhail Shchur, IR Director of PJSC NCSP Call title: NCSP GROUP FINANCIAL RESULTS FOR 9M 2016 Russian call ID: 65164325 English call ID: 80193993 Dial-in numbers: Russia: +7 495 221 6523; 8 800 204 14011 UK and Europe: +44 203 043 2440; 0 808 238 1774 US: +1 877 887 4163 Webcast and slideshow (English only): http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=4185 About NCSP Group NCSP Group is the largest port operator in Russia and the third largest inEurope, in terms of cargo turnover in 2015. NCSP shares are traded onRussia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange inthe form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2015 totalled139.7 million tonnes. Consolidated revenue to IFRS in 2015 totalled USD 877million, and EBITDA was USD 657 million. NCSP Group consolidates thefollowing companies: PJSC Novorossiysk Commercial Sea Port, LLC PrimorskTrade Port, JSC Novorossiysk Grain Terminal, JSC Novorossiysk Ship RepairYard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, andJSC SFP. --------------------------------------------------------------------------- The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, 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: QRT TIDM: NCSP Sequence Number: 3654 Time of Receipt: 06-Dec-2016 / 10:04 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 527061 06-Dec-2016UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.