26 Apr 2018 13:00
Payments to Governments Report 2017
NLMK Group (LSE: NLMK), an international steelmaking company with operations in Russia, the USA and the European Union, has published its Payments to Governments Report 2017 disclosing the respective payments related to extractive activities the company made during 2017.
The report is prepared in accordance with the Reports on Payments to Governments Regulations 2014 as enacted in the UK in December 2014 and as amended in December 2015. The report builds on the information provided in NLMK Annual Sustainability Reports and consolidated financial statements prepared according international accounting standards published since 1998.
The Payments to Governments Report 2017 is now available on our website at:
https://nlmk.com/en/ir/reporting-center/csr-reports/?from=ru
For further information, please contact:
Investor relations contact info
Dmitriy Kolomytsyn
+7 (495) 504 0 504
ir@nlmk.com
Media contact info
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group's 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 3 months 2018, the Company generated $2.79 billion in revenue and $0.8 billion in EBITDA. As of 31 March 2018, Net debt/EBITDA stood at 0.31х. The company has investment grade credit ratings from S&P, Moody's 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"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.
NLMK Group received the 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 our website.