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NYRSTAR - 1Q16 RESULTS

​Nyrstar, a listed integrated metals and mining company in zinc and lead, released a weak 1Q16 trading update due to the yoy drop in zinc prices. In FY14, its worldwide position was #5 in mining and #1 in metal processing (smelting). In FY15, mining and smelting segment revenue/EBITDA were €347m/-€41m and €3,091m/€336m respectively. 1Q16 revenue declined by -18% yoy and EBITDA by -46%, mainly due to the metal processing segment (-19% in revenue and -32% in EBITDA).

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