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Payments to Governments

30 Jun 2016 15:05

RNS Number : 8546C
Novolipetsk Steel
30 June 2016
 

Payments to Governments Report 2015

NLMK Group (LSE: NLMK), an international steel producer has published its Payments to Governments Report 2015 disclosing the respective payments related to extractive activities the company made during 2015.

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 is now available on our website at:

http://nlmk.com/en/investor-relations/reporting-center/csr-reports/

For further information, please contact:

Investor relations contact info

Sergey Takhiev

+7 (985) 760 55 74

st@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's production assets are located in Russia, Europe, and the United States. The Company's steel processing capacity is over 17 million tonnes per year, of which about 16 million tonnes are produced in Russia.

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

In Q1 2016, the Company generated $1.58 billion in revenue and $290 million in EBITDA. As of 31 March 2016, Net debt/EBITDA stood at 0.61х.

NLMK's ordinary shares are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares on the London Stock Exchange (ticker "NLMK:LI"). The company's investment credit rating is BBB-.

NLMK Group was recognized as Steel Industry Leader at the prestigious 2016 Platts Global Metals Awards held by a leading international periodical S&P Global Platts, which provides analytical information on commodities and energy markets.

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

 

 

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