print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

March 27, 2015

FY2014 and Q4 consolidated financial results under US GAAP

FY2014 highlights:

• Group’s steelmaking capacities were running at 96%
• Steel output increased to a record 15.9 million tonnes, driven by higher output at the Lipetsk site and increased capacity utilization at NLMK Kaluga
• Sales increased by 2% year-on-year to 15.1 million tonnes
• 2014 revenue totaled $10,396 million (-5% year-on-year)
• EBITDA grew by 58% to $2,383 million
• EBITDA margin increased to 23% (from 14% in 2013)
• Investment was down by 26% to $560 million
• Free cash flow increased by 174% to $1,155 million on the back of profitability growth and lower investment • Net debt reduced by 41% year-on-year to $1,590 million
• Net debt/EBITDA was 0.67x (1.8x at the end of 2013)
• Net income increased by 4.5 times year-on-year to $845 million
Q4 2014 highlights:
• Steelmaking capacities were running at 98%
• Steel output totalled 4.1 million tonnes (-1% quarter-on-quarter)
• Sales increased by 7% quarter-on-quarter to 3.8 million tonnes
• EBITDA was $627 million (-9% quarter-on-quarter and +53% year-on-year)
• EBITDA margin was 27% (flat quarter-on-quarter; +11 p.p. year-on-year), including 30% at the Steel Segment
Outlook In Q1 2015, we expect stable operational and financial performance compared to Q4 2014.
NLMK is pleased to invite the investment community to a conference call with the management of NLMK:
Friday, 27 March, 2015.
10:00 (New York)
14:00 (London)
17:00 (Moscow)
To join the conference call, please, dial:
US Number: +1 212 444 0895 (local access) +1 877 280 2296 (toll free)
United Kingdom Number: +44 20 3427 1916 (local access) 0800 279 4992 (toll free)
Russian Number: +7 495 213 0979 (local access) 8 800 500 9311 (toll free)
Conference ID: 7981806
Investor Relations contacts:
Sergey Takhiev
+7 (495) 915 1575
tahiev_sa@nlmk.com
Media contacts:
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer