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NOTICE OF Q1 2017 IFRS RESULTS

13 Apr 2017 09:35

RNS Number : 4468C
Novolipetsk Steel
13 April 2017
 

Press release

13 April 2017

NOTICE OF Q1 2017 IFRS RESULTS

NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q1 2017 on Thursday, April 27, 2017.

NLMK is pleased to invite the investment community to a conference call and webcast with the management of NLMK:

Thursday, April 27, 2017

· 10:00 am (New York)

· 3:00 pm (London)

· 5:00 pm (Moscow)

To join the conference call, please dial:

US Number:

+1 719-325-2385 (Local access) // 1888-882-8941 (Toll free) United Kingdom Number+44 (0)330 336 9412 (Local access) // 0800 279 7204 (Toll free) Russian Number+7 495 213 1767 (Local access) // 8 800 500 9283 (Toll free)

Conference ID: 1487592

To join the webcast please follow the link http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=4515.

*We recommend that participants start dialing in 10-15 minutes prior to ensure a timely start of the conference call.

 

* * *

About NLMK Group:

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group's high-quality steel products are used in various industries, from construction and machine-building to the manufacturing of power-generation equipment and offshore windmills.

NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 2016, the Company generated $7.64 billion in revenue and $1.94 billion in EBITDA. As of 31 December 2016, Net debt/EBITDA stood at 0.36х. The company has an investment grade credit rating from S&P and Fitch.

NLMK's ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). For more details on NLMK shareholder capital, please follow the link.

NLMK Group received Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.

 

 

For more information on NLMK Group, please visit www.nlmk.com/en

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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