MMK Magnitogorsk Iron & Steel Works (GDR)

PJSC Magnitogorsk Iron and Steel Works: Notice of Q3 & 9M 2021 Financial Results

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: Notice of Q3 & 9M 2021 Financial Results

30-Sep-2021 / 10:18 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Notice of Q3 & 9M 2021 IFRS results webcast & conference call

 

30 September 2021

Magnitogorsk, Russia

 

PJSC MMK ("MMK", or "the Group") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join MMK Q3 & 9M 2021 IFRS results webcast & conference call.

MMK management will hold a conference call on these financial statements on 25 October 2021 at 4:30 pm Moscow time (2:30 pm London time, 9:30 am New York time).

 

  • Date:
    25 October 2021

 

  • Time:
    16:30 Moscow time
    14:30 London time
    9:30 New York time

 

 

Russia

UK

USA

 

Local access

+44 (0) 330 336 9125

+1 929-477-0324

 

Toll free

8 800 500 9283

0800 358 6377

800-458-4121

 

 

 

  • Conference ID:

Russian - 6442628

English - 8216043

 

  • Webcast:
    To register for the webcast please use the following

The call recording will be available for seven days via the following numbers:

Call recording ID:

Russian - 6442628

English - 8216043

 

 

Russia

UK

USA

 

Local access

8 10 800 2702 1012

+44 (0) 207 660 0134

+1 719-457-0820

 

 

 

  • A presentation of the financial results and the IFRS financial statements can be found at: /for_investor/financial_statements/

 

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The Group's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products, with a predominant share of premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln tonnes of commercial steel products.

ММК is an industry leader in terms of production costs and margins. Group revenue in 2020 totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest debt burden. Net debt/EBITDA ratio was -0.06х at the end of 2020. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's and S&P.

MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 20.2%.

Subscribe to our , to be the first to know about key MMK news.

   

 

INVESTOR RELATIONS DEPARTMENT

Veronika Kryachko

 

ESG DEPARTMENT

Yaroslava Vrubel

 

COMMUNICATIONS DEPARTMENT

Dmitry Kuchumov
+7 985 219 2874

Oleg Egorov
 8837

 

KEY UPCOMING EVENTS IN 2021

 

7 October

Virtual conference for retail investors, BCS

13 October

Q3 and 9M 2021 Trading Update

25 October

Q3 and 9M 2021 IFRS financials

 

 

 

 

 

 

 



ISIN: US5591892048
Category Code: NOR
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 123282
EQS News ID: 1237030

 
End of Announcement EQS News Service

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30/09/2021

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