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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 Jan 20138:11 amRNSNCSP FY 2012 Turnover up 1.2% to 158.9 mln tonnes
21st Dec 201210:00 amRNSNCSP Reports Solid 9 Month 2012 IFRS Results
19th Dec 201210:00 amRNSNCSP Group January-November, 2012 Turnover up 2.7%
17th Dec 20122:30 pmRNSNCSP to Announce 9M 2012 IFRS Results
29th Nov 20123:00 pmRNSNCSP Reports Staff Changes
19th Nov 201210:29 amRNSNCSP January-October 2012 Turnover up 3.6% y-o-y
1st Nov 20129:00 amRNSApprvl for up to 25% Ord. Shrs to Trade Abroad
16th Oct 20128:00 amRNSNCSP Group January-September 2012 Turnover up 3.5%
25th Sep 20127:30 amRNSNCSP Releases 1H 2012 Cons. Financial Statements
24th Sep 20123:15 pmRNSNCSP Group Signs Agreement for NLE Expansion
14th Sep 201212:00 pmRNSNCSP Group January-August Turnover up 4.1% y-o-y
5th Sep 20127:00 amRNSNCSP Prelim. 1H 2012 EBITDA up 31% to US$ 319 mln
31st Aug 20124:00 pmRNSReplacement: NCSP to Announce Prelim. 6M 2012 IFRS
31st Aug 201211:30 amRNSNCSP to Announce Preliminary 6M 2012 IFRS Results
10th Aug 20122:35 pmRNSNCSP turnover up 3.9% Y-o-Y for January-July
8th Aug 20122:01 pmRNSMarat Shaydaev Elected Chairman of NCSP Board
18th Jul 20123:45 pmRNSSecond Price Monitoring Extn
18th Jul 20123:40 pmRNSPrice Monitoring Extension
17th Jul 20127:44 amRNSTrading Statement
22nd Jun 20128:17 amRNS1st Quarter Results
18th Jun 20127:33 amRNSTrading Statement
15th Jun 20121:01 pmRNSResult of AGM
15th Jun 201212:58 pmRNSResult of Meeting
12th Jun 20123:45 pmRNSSecond Price Monitoring Extn
12th Jun 20123:40 pmRNSPrice Monitoring Extension
1st Jun 201211:39 amRNSResult of Meeting
15th May 201210:31 amRNSTrading Statement
27th Apr 20125:48 pmRNSNCSP GROUP 2011 Annual Report
16th Apr 201210:05 amRNSAnnual Financial Report
12th Apr 20125:30 pmRNSFirst Quarter Operating Results
11th Apr 201212:33 pmRNSResult of Meeting
13th Mar 20127:00 amRNSTrading Statement
5th Mar 20124:00 pmRNSEGM Statement
13th Feb 20129:03 amRNSTrading Statement
10th Feb 20123:45 pmRNSTrading Statement
21st Dec 20117:00 amRNS3rd Quarter Results
14th Dec 201111:31 amRNSTrading Statement
15th Nov 20119:15 amRNSTrading Statement
14th Oct 20117:03 amRNSTrading Statement
28th Sep 20111:09 pmRNSHalf Yearly Report
14th Sep 20118:05 amRNSTrading Statement
11th Aug 20112:01 pmRNSTrading Statement
14th Jul 20113:30 pmRNSTrading Statement
1st Jul 20118:19 amRNSAGM Statement
29th Jun 20119:19 amRNS1st Quarter Results
14th Jun 20119:29 amRNSTrading Statement
8th Jun 201111:09 amRNSAnnual Information Update
31st May 20111:08 pmRNSNCSP supports lifting the ban on export of grain
17th May 20112:21 pmRNSNCSP Pays Eighth Eurobond Coupon
16th May 201112:44 pmRNSMoody's Revised NCSP Rating

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