PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: Notice of Q2 & H1 2020 IFRS results
22-Jul-2020 / 08:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Notice of Q2 & H1 2020 IFRS results PJSC MMK ("MMK", or "the
webcast & conference call Group") (MICEX-RTS: MAGN;
LSE: MMK), one of the
world's largest steel
producers, is pleased to
invite the investment
community to join MMK Q2 &
H1 2020 IFRS results webcast
& conference call.
22 july 2020
MMK management will hold a
Magnitogorsk, Russia conference call on these
financial statements on 29
July 2020 at 4:30 pm Moscow
time (2:30 pm London time,
9:30 am New York time).
- Date:
29 July 2020
- Time:
16:30 Moscow time
14:30 London time
9:30 New York time
Russia UK USA
Local access +7 495 646 9190 +44 (0) 330 336 +1 323-794-2588
9411
Toll free 8 10 800 2867 0800 279 7204 888-220-8451
5011
- Conference ID:
9109134
- Webcast:
To register for the webcast please use the following link
[1].
The call recording will be available for seven days via the
following numbers:
Call recording ID: 9109134
Russia UK USA
Local access 8 10 800 2702 1012 +44 (0) 207 +1 719-457-0820
660 0134
- A presentation of the financial results and the IFRS
financial statements can be found at:
http://mmk.ru/for_investor/financial_statements/ [2]
About MMK Subscribe to our official MMK
channel in Telegram [3], to be
the first to know about key MMK
news.
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
high-value-added products. In
2019, MMK produced 12.5 mln
tonnes of crude steel and 11.3
mln tonnes of commercial steel
products.
??? is an industry leader in
terms of production costs and
margin. MMK Group had revenue
in 2019 of USD 7,566 mln and
EBITDA of USD 1,797 mln. MMK's
debt load is the lowest for
the industry. Net debt/EBITDA
ratio was -0.13? at the end of
2019. The Group'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%.
KEY UPCOMING EVENTS IN 2020
Investor Relations
Department
Financial calendar [4]
Veronika Kryachko
+7 (3519) 25-75-01
kryachko.vs@mmk.ru
29 July Q2 and 6M 2020 IFRS financials
13 October Q3 and 9M 2020 Trading Update
22 October Q3 and 9M 2020 IFRS financials
media contacts
Dmitriy Kuchumov
+7 (499) 238-26-13
kuchumov.do@mmk.ru
Oleg Egorov
+7 (499) 238-26-13
egorov.oa@mmk.ru
ISIN: US5591892048
Category Code: NOR
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 77138
EQS News ID: 1098917
End of Announcement EQS News Service
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(END) Dow Jones Newswires
July 22, 2020 02:00 ET (06:00 GMT)
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