Last checked at 6 Jun 2017 10:00
PJSC 'Novorossiysk Commercial Sea Port' / 1st Quarter Results NCSP Group Consolidated Financial Results for Q1 207 06-Jun-2017 / 11:00 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 Q1 207 06.06.2017 NCSP Group (LSE: NCSP, MoEx: NMTP) hereby announces its consolidated financial results for the three months, ending 31 March 2017, prepared under International Financial Reporting Standards (IFRS). NCSP Group's consolidated revenue for Q1 2017 increased by $5 233 thousand or 2.4% year-on-year and totaled $226 498 thousand. Group's EBITDA and net profit in the reporting period totaled $172 304 thousand* and $191 325 thousand respectively. Cash and cash equivalents at Group's disposal increased by $114 249 thousand or 48.8% since the beginning of the year and reached $348 387 thousand. As cash increased Group's net debt reduced by $115 476 thousand or 9.9% compared to that at the beginning of the year. Net debt to LTM EBITDA ratio improved to 1.59* versus 1.72* at the beginning of the year. NCSP Group Key Financial Metrics
* Management accounts Complete consolidates financial information for Q1 2017 is 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, 6 June 2017, at 17:00 Moscow time.Call title: NCSP Group Q1 2017 Financial ResultsRussian call ID: 74231059English call ID: 53138729Dial-in numbers:Russia: +7 495 221 6523; 8 10 8002 041 40 11UK and Europe: +44 203 043 24 40; 0 808 238 17 74US: +1 877 887 41 63 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, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, JSC SFP. ContactsKristina Senko, Public Relations: KSenko@ncsp.comMikhail 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: | QRF |
| TIDM: | NCSP |
| Sequence No.: | 4269 |
| End of Announcement | EquityStory.RS, LLC News Service |
580593 06-Jun-2017
UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.