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PJSC Magnitogorsk Iron and Steel Works: Notice of Q2 & H1 2021 Financial Results

·3-min read

PJSC Magnitogorsk Iron and Steel Works (MMK)
01-Jul-2021 / 09:00 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 2021 IFRS results webcast & conference call

 

01 july 2021

Magnitogorsk, Russia

 

PJSC MMK ("MMK", or "the 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 2021 IFRS results webcast & conference call.

MMK management will hold a conference call on these financial statements on 22 July 2021 at 4:30 pm Moscow time (2:30 pm London time, 9:30 am New York time).

 

 

 

 

Russia

UK

USA

 

Local access

+7 495 646 9190

+44 (0) 330 336 9434

+1 646-828-8143

 

Toll free

8 10 8002 867 5011

0800 279 7209

800-263-0877

 

 

 

Russian - 6926579

English - 2525738

 

The call recording will be available for seven days via the following numbers:

Call recording ID:

Russian - 6926579

English - 2525738

 

 

Russia

UK

USA

 

Local access

8 10 800 2702 1012

+44 (0) 207 660 0134

+1 719-457-0820

 

 

 

About MMK

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 premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln tonnes of commercial steel products.

ММК is an industry leader in terms of production costs and margins. Group revenue in 2020 totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest debt burden. Net debt/EBITDA ratio was -0.06х at the end of 2020. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's and S&P.

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

Subscribe to our official MMK channel in Telegram, to be the first to know about key MMK news.

 

 

 

 

 

 

INVESTOR RELATIONS DEPARTMENT

Veronika Kryachko
+7 915 380 6266
kryachko.vs@mmk.ru

 

ESG DEPARTMENT

Yaroslava Vrubel
+7 982 282 9682
vrubel.ys@mmk.ru

 

COMMUNICATIONS DEPARTMENT

Dmitry Kuchumov
+7 985 219 2874
kuchumov.do@mmk.ru

Oleg Egorov
+7 903 971 8837
egorov.oa@mmk.ru

 

KEY UPCOMING EVENTS IN 2021

Financial calendar

 

14 July

Q2 and H1 2021 Trading Update

22 July

Q2 and H1 2021 IFRS financials

23-26 July

Non-deal roadshow (NDR), online

27 July

Virtual conference for retail investors,

VTB Capital

  

 

 

 

 


ISIN:

US5591892048

Category Code:

NOR

TIDM:

MMK

LEI Code:

253400XSJ4C01YMCXG44

Sequence No.:

114696

EQS News ID:

1214113


 

End of Announcement

EQS News Service

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