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NCSP Group Consolidated Financial Results for H1 207

29 Aug 2017 16:00

PJSC 'Novorossiysk Commercial Sea Port' / Half-yearly Results NCSP Group Consolidated Financial Results for H1 207 29-Aug-2017 / 17:00 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 H1 207

29.08.2017

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

NCSP Group's consolidated revenue for H1 2017 increased by $6 895 thousand or 1.6% compared to that of H1 2016 and reached $448 859 thousand.

Group's EBITDA and net profit in the reporting period totaled $330 467 thousand* and $246 001 thousand, which is 7.6% and 32.4% less than that of six months 2016 respectively.

Group's debt as of 30 June 2017 reduced by $101 254 thousand or 7.3% since the beginning of the year.

NCSP Group Key Financial Metrics

(thousand US dollars)

H1 2017

H1 2016

Change

Change %

Revenue

448 859

441 964

6 895

1.6%

EBITDA*

330 467

357 812

-27 345

-7.6%

EBITDA Margin*

73.6%

81%

-7.4 pp

 

Profit for the period

246 001

363 982

-117 981

-32.4%

(thousand US dollars)

30.06.2017

31.12.2016

Change

Change %

Debt (incl. financial lease)

1 294 581

1 395 835

-101 254

-7.3%

Cash and equivalents

122 743

234 138

-111 395

-47.6%

Net debt*

1 171 838

1 161 697

10 141

0.9%

Net debt / LTM EBITDA*

1.81

1.72

-

-

* Management accounts

Complete consolidates financial statements for H1 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 Wednesday, 30 August 2017, at 18:00 Moscow time.

Call title: NCSP Group Half-year 2017 Financial Results

Russian call ID: 17893972

English call ID: 29712568

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=4967   

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


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:IR
TIDM:NCSP
OAM Categories: 1.2. Half yearly financial reports and audit reports/limited reviews
Sequence No.:4574
 
End of AnnouncementEquityStory.RS, LLC News Service

605109 29-Aug-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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