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Pin to quick picksPjsc Novor. S Regulatory News (NCSP)

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NCSP Group Consolidated Financial Results for 9M 2017

5 Dec 2017 07:00

PJSC 'Novorossiysk Commercial Sea Port' (NCSP) NCSP Group Consolidated Financial Results for 9M 2017 05-Dec-2017 / 09:00 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer / publisher is solely responsible for the content of this announcement.


Press-release

NCSP Group Consolidated Financial Results for 9M 2017

05.12.2017

NCSP Group (LSE: NCSP, MoEx: NMTP) hereby announces its consolidated financial results for the nine months, ending 30 September 2017, prepared under International Financial Reporting Standards (IFRS).

NCSP Group's consolidated revenue for 9M 2017 increased by $12 252 thousand or 1.9% compared to that of 9M 2016 and reached $661 557 thousand.

Group's EBITDA and net profit in the reporting period totaled $482 454 thousand* and $359 335 thousand, which is 7.1% and 35.9% less than that of nine months 2016 respectively.

NCSP Group Key Financial Metrics

(thousand US dollars)

9M 2017

9M1 2016

Change

Change %

Revenue

661 557

649 305

12 252

1.9%

EBITDA*

484 453

516 929

-34 475

-6.7%

EBITDA Margin*

72.9%

79.6%

-6.7 pp

-

Profit for the period

359 354

488 469

-129 115

-26,4%

(thousand US dollars)

30.09.2017

31.12.2016

Change

Change %

Debt (incl. financial lease)

1 296 654

1 395 835

99 181

-7.1%

Cash and equivalents

150 177

234 138

-83 961

-35.9%

Net debt*

1 146 477

1 161 697

-15 220

-1.3%

Net debt / LTM EBITDA*

1.79

1.72

-

-

* Management accounts

Complete consolidates financial statements for 9M 2017 are available for downloading at:http://nmtp.info/en/holding/investors/reporting/msfo/

Conference call for investors and analysts hosted by NCSP Group management will be held on Tuesday, 05 December 2017, at 16:00 Moscow time.

Call title: NCSP Group Financial Results for 9 months 2017

Russian call ID: 51382040

English call ID: 89628916

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

US: +1 877 887 41 63

Webcast registration link

http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=5213

Media are welcome in listen-only mode.

About NCSP Group

NCSP Group is the largest port operator in Russia and the third largest in Europe by cargo turnover in 2016. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2016 totaled 147 million tons. Consolidated revenue to IFRS in 2016 totaled $865.5 million and EBITDA $675.5 million. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, Primorsk Trade Port LLC, Novorossiysk Grain Terminal LLC, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, JSC SFP.

Contacts

Kristina Senko, Public Relations: KSenko@ncsp.com

Mikhail Shchur, Investor Relations: MShchur@ncsp.com


ISIN:US67011U2087
Category Code:QRT
TIDM:NCSP
Sequence No.:4946
 
End of AnnouncementEQS News Service

635661 05-Dec-2017 

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
18th Feb 20141:52 pmRNSNCSP volumes in January 2014 totaled 11 mln tonnes
10th Feb 20147:00 amRNSNCSP Group Appoints CFO and Commercial Director
5th Feb 20147:00 amRNS2014 AGM Agenda and Board Candidates Approved
17th Jan 20144:16 pmRNSNCSP 2013 cargo turnover totalled 141 mln tonnes
10th Jan 20143:40 pmRNSPrice Monitoring Extension
31st Dec 20137:00 amRNSNCSP Board of Director Decisions
12th Dec 20138:00 amRNSNCSP turnover in 11M 2013 amounted to 129.5 mln t
28th Nov 20138:00 amRNSNCSP Group Financial Results for 9M 2013
28th Nov 20137:30 amRNSNCSP and Sberbank Agree to New Loan Conditions
26th Nov 20131:00 pmRNSNotice of NCSP Group 9M 2013 Results
14th Nov 20132:00 pmRNSNCSP Group 10M 2013 turnover at 118.1 ths tonnes
11th Nov 201312:00 pmRNSNCSP Group Development Strategy through 2018
6th Nov 20137:50 amRNSHolding(s) in Company
29th Oct 20137:00 amRNSNCSP Board of Directors Meeting Agenda
16th Oct 20137:16 amRNSNCSP turnover in 9M 2013 amounted to 106.5 mln. t.
1st Oct 20137:00 amRNSResults of Board of Directors Meeting
13th Sep 20131:00 pmRNSNCSP Group turnover in 8M 2013 at 94.6 mln tonnes
29th Aug 20138:00 amRNSNCSP Group Financial Results for 1H 2013
27th Aug 20131:45 pmRNSNCSP 1H 2013 IFRS Results Publication Date
14th Aug 201310:00 amRNSNCSP Group 7M 2013 turnover at 83.3 mln tonnes
15th Jul 20139:07 amRNSNCSP Board of Director Decisions
12th Jul 201312:13 pmRNSNCSP Group turnover in 1H2013 amounted to 72 mln t
19th Jun 20134:30 pmRNSNCSP Group Jan-May 2013 turnover at 61.3 mln tonne
18th Jun 20131:00 pmRNSPJSC NCSP EGM Results: Yuri Matvienko Elected CEO
17th Jun 20132:30 pmRNSPJSC NCSP AGM Results
6th Jun 20139:01 amRNSNCSP Group Financial Results for 1Q 2013
5th Jun 20131:41 pmRNSNCSP 1Q 2013 IFRS Results Publication Date
23rd May 20137:00 amRNSYuriy Matvienko Nominated for NCSP CEO Position
17th May 20132:45 pmRNSNCSP Group Jan-April 2013 Turnover 49.5 mln tonnes
30th Apr 20136:22 pmRNSNCSP Group 2012 Annual Report
30th Apr 201310:46 amRNSS&P Upgrade NCSP Credit Rating Outlook to Stable
17th Apr 201311:21 amRNSReplement: NCSP EBITDA up 7.4% y-o-y in 2012
17th Apr 20139:33 amRNSNCSP Group EBITDA increased 7.4% y-o-y in 2012
16th Apr 20134:30 pmRNSNCSP FY 2012 IFRS Results Publication Date
16th Apr 20139:08 amRNSNCSP Announces AGM Date, Dividend Recommendation
15th Apr 20135:06 pmRNSNCSP Group Begins Phase I of Modernisation Prog.
11th Apr 20135:30 pmRNSNCSP Group Jan-Mar 2013 Turnover at 37 mln tonnes
21st Mar 20133:45 pmRNSSecond Price Monitoring Extn
21st Mar 20133:40 pmRNSPrice Monitoring Extension
20th Mar 20138:08 amRNSBoard Elects New Chairman, EGM to Elect New CEO
20th Mar 20137:31 amRNSNCSP Board of Directors Revised Meeting Agenda
14th Mar 20133:00 pmRNSNCSP Group Jan-Feb 2013 turnover at 24 mln tonnes
6th Mar 20137:00 amRNSNCSP Board of Directors Meeting Agenda
4th Mar 20139:43 amRNSNCSP Board of Directors Decisions
21st Feb 20132:00 pmRNSNCSP GROUP TO BUILD SEED OIL FACILITY
18th Feb 20134:21 pmRNSReplacement - NCSP Comments on Financial Info
18th Feb 20132:22 pmRNSNCSP Group Comments on Financial Information
18th Feb 20132:20 pmRNSNCSP Group Guidance on 2013 Cargo Turnover
13th Feb 20134:30 pmRNSNCSP Group Jan 2013 turnover at 12.4 mln tons
5th Feb 20137:00 amRNSNCSP Board of Directors sets AGM Agenda

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