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1st Quarter Results

28 May 2020 13:31

RNS Number : 2533O
PJSC Transcontainer
28 May 2020
 

FOR IMMEDIATE RELEASE

28 May 2020

 

PJSC TransContainer

 

Results for the three months ended 31 March 2020

 

PJSC TransContainer ("TransContainer" or the "Company" together with its consolidated subsidiaries) today publishes its management report together with the unaudited interim condensed financial statements for the three months ended 31 March 2020, prepared in accordance with the International Financial Reporting Standards ("IFRS").

 

Q1 2020 Highlights

 

· The Company's revenue grew by 6.2% year-on-year to RUB 21,024 million.

 

· The Group's operating profit amounted to RUB 2,522 million.

 

· Despite challenging economic environment across markets worldwide mainly caused by the COVID-19, the Company generated a net profit of RUB 1,914 million.

 

· Container volumes transported by the Company's flatcar fleet increased by 10.3% year-on-year to 538 thousand TEU.

 

· The Company's throughput in the Russian rail container terminal network amounted to 360 thousand TEU, up 7.4% year-on-year.

 

· As of 31 March 2020, the Company's assets stood at RUB 86,523 million, while its net assets amounted to RUB 50,572 million.

 

The Company's financial accounts are available at:

 https://trcont.com/investor-relations/reporting/financial-reports-under-ifrs

 

Enquiries:

 

TransContainer

 

Alexander Shakhanov

Head of Analytics

+7 495 637 9178

+7 495 609 6062

E-mail

ir@trcont.ru

Website

www.trcont.com

 

Instinctif Partners

 

Galyna Kulachek

+44 (0) 20 7866 7850

 

About TransContainer

 

PJSC TransContainer (LSE: TRCN; MOEX: TRCN) is the leading intermodal container transportation company in Russia with a market share of approximately 41%. It is the market leader in Russia by flatcar fleet size, container transportation by rail and railside container terminal throughput. As at 31 March 2020, it owned and leased more than 31,000 flatcars and more than 85,000 ISO containers. TransContainer owns a network of rail-side container terminals, located at 38 railway stations across Russia. The Company's joint ventures also operate three terminals in Russia and 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises more than 90 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed on the Moscow Exchange and London Stock Exchange.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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