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: 
 
                [phone] (Local access) / 8 800 500 98 63 (Toll free) 
 
                         United Kingdom Number: 
 
                 [phone] (Local access) / 0800 376 6183 (Toll free) 
 
                         US Number: 
 
               [phone] (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: 
 
                         [phone] 
 
                         United Kingdom Number: 
 
                         [phone] 
 
                         US Number: 
 
                         [phone] 
 
                         Replay Passcode: 418901577 
 
Financial statements will be available at: 
 
http://eng.mmk.ru/for_investor/financial_statements/ [1] 
 
                         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. 
 
??? 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 -0.08? 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 
 
???.: [phone] 
 
E-mail: [e-mail] 
 
                         Media contacts 
 
Dmitry Kuchumov            Oleg Egorov 
 
???.: [phone]   ???.: [phone] 
 
E-mail: [e-mail] E-mail: [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 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=fb556ed334b6273bb58091ea2e7a3e6a&application_id=964007&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

January 30, 2020 02:03 ET (07:03 GMT)