MMK Magnitogorsk Iron & Steel Works (GDR)

PJSC Magnitogorsk Iron and Steel Works: Notice of Q4 and FY 2019 financial results

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: Notice of Q4 and FY 2019 financial results

30-Jan-2020 / 08:03 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


                     30 January 2020

Magnitogorsk, Russia

 

 

Notice of Q4 and FY 2019 financial results

 

PJSC Magnitogorsk Iron & Steel Works' ("MMK", or "the Company") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, will report its IFRS results for Q4 and FY2019 on Wednesday, February 5, 2020.

 

Conference call will be held the same day at:

  • 4.00 pm Moscow time,
  • 1.00 pm London time,
  • 8.00 am New York time.

To join the conference call, please dial:

Russian Number:

+7 495 646 9315 (Local access) / 8 800 500 98 63 (Toll free)

United Kingdom Number:

+44 207 194 3759 (Local access) / 0800 376 6183 (Toll free) 

US Number:

+1 646 722 49 16 (Local access) / 1 844 286 06 43 (Toll free)

Conference ID: 32737593

 

The call will be recorded and there will be a replay facility available for 7 days as follows:

Russian Number:

+7 495 249 1671

United Kingdom Number:

+44 20 3364 5147 

US Number:

+1 646 722 49 69

Replay Passcode: 418901577

 

Financial statements will be available at:

 

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The Company'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 high-value-added products. In 2018, the Company produced 12.7 mln tonnes of crude steel and 11.7 mln tonnes of commercial steel products.

ММК is an industry leader in terms of production costs and margin. MMK Group had revenue in 2018 of USD 8,214 mln and EBITDA of USD 2,418 mln. MMK's debt load is the lowest for the industry. Net debt/EBITDA ratio was -0.08х at the end of 2018. The Company's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's, S&P.

MMK's ordinary shares are traded on Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 15.7%.

 

Investor contacts

Veronika Kryachko 

тел.: +7 (3519) 25-75-01 

E-mail:

 

Media contacts

Dmitry Kuchumov 

тел.: +7 (499) 238-26-13 

E-mail:

Oleg Egorov 

тел.: +7 (499) 238-26-13 

E-mail:

 

 

 



ISIN: US5591892048
Category Code: NOR
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 43581
EQS News ID: 964007

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=964007&application_name=news&site_id=research_pool
EN
30/01/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Magnitogorsk Iron & Steel Works (GDR)

 PRESS RELEASE

PJSC Magnitogorsk Iron and Steel Works: MMK NOTIFIE LA PROLONGATION SU...

PJSC Magnitogorsk Iron and Steel Works / Mot-clé(s) : Emprunt PJSC Magnitogorsk Iron and Steel Works: MMK NOTIFIE LA PROLONGATION SUPPLÉMENTAIRE DU PROCESSUS DE DEMANDE DE CONSENTEMENT 01-Juil-2022 / 10:30 CET/CEST MMK NOTIFIE LA PROLONGATION SUPPLÉMENTAIRE DU PROCESSUS DE DEMANDE DE CONSENTEMENT  30 JUIN 2022 MAGNITOGORSK, RUSSIE     PJSC Magnitogorsk Iron & Steel Works (MOEX : MAGN ; LSE : MMK) informe de la nouvelle prolongation de la demande de consentement pour son solde impayé de 500 000 000 de dollars US, 4...

 PRESS RELEASE

DGAP-News: PJSC Magnitogorsk Iron and Steel Works: MMK GIBT WEITERE V...

DGAP-News: PJSC Magnitogorsk Iron and Steel Works / Schlagwort(e): Anleihe PJSC Magnitogorsk Iron and Steel Works: MMK GIBT WEITERE VERLÄNGERUNG DES VERFAHRENS ZUR EINHOLUNG DER ZUSTIMMUNG DER ANLEIHEGLÄUBIGER BEKANNT 30.06.2022 / 16:45 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. MMK GIBT WEITERE VERLÄNGERUNG DES VERFAHRENS ZUR EINHOLUNG DER ZUSTIMMUNG DER ANLEIHEGLÄUBIGER BEKANNT  30. JUNI 2022 MAGNITOGORSK, RUSSLAND   PJSC Magnitogorsk Iron & Steel Works (MOEX: MAGN; LSE: MMK) gibt eine weitere Verlängerung des Verfahrens zur ...

 PRESS RELEASE

MMK Notifies on Additional Extension of Consent Solicitation Process

MAGNITOGORSK, Russia--(BUSINESS WIRE)-- PJSC Magnitogorsk Iron & Steel Works (MOEX: MAGN; LSE: MMK) notifies on the further extension of the Consent Solicitation for its outstanding U.S.$500,000,000 4.375 per cent. Guaranteed Notes due 2024. On 6 June 2022, PJSC Magnitogorsk Iron & Steel Works (the “Guarantor”) announced a consent solicitation in relation to the outstanding U.S.$500,000,000 4.375% Notes due 2024 issued by MMK International Capital DAC (the “Issuer”) ISIN: XS1843434959 (Regulation S) / US553142AA88 (Rule 144A); Common Code: 111730628 (Regulation S) / 111730628 (Rule 144A Commo...

 PRESS RELEASE

PJSC Magnitogorsk Iron and Steel Works: MMK notifies on additional ext...

PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: MMK notifies on additional extension of consent solicitation process 30-Jun-2022 / 13:00 CET/CEST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. mmk notifies on additional extension of consent solicitation  process   30 JUNE 2022 Magnitogorsk, Russia     PJSC Magnitogorsk Iron & Steel Works (M...

 PRESS RELEASE

PJSC Magnitogorsk Iron and Steel Works: MMK notifies of removal of its...

PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: MMK notifies of removal of its global depository receipts from the London Stock Exchange Official List 27-Jun-2022 / 16:15 CET/CEST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. MMK notifies of removal of its Global Depository receipts from the london stock exchange official list   27 june 2022 Magnitogorsk,...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch