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PJSC Magnitogorsk Iron and Steel Works: Notice of Q4 & 12M 2020 Financial Results

·3-min read

PJSC Magnitogorsk Iron and Steel Works (MMK)
25-Jan-2021 / 14:21 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Notice of Q4 & 12M 2020 IFRS results webcast & conference call

 

25 january 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 Q4 & 12M 2020 IFRS results webcast & conference call.

MMK management will hold a conference call on these financial statements on 2 February 2021 at 4:30 pm Moscow time (1:30 pm London time, 8:30 am New York time).

 

 

 

 

Russia

UK

USA

 

Local access

+7 495 646 9190

+44 (0) 330 336 9411

+1 323-794-2588

 

Toll free

8 10 800 2867 5011

0800 279 7204

888-394-8218

 

 

 

Russian - 8965121

English - 1397890

 

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

Call recording ID:

Russian - 8965121

English - 1397890

 

 

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 high-value-added products. In 2019, MMK produced 12.5 mln tonnes of crude steel and 11.3 mln tonnes of commercial steel products.

ММК 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 -0.13х 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%.

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

 

27 January

Video conference for retail investors, Finam

2 February

Q4 and 12M 2020 IFRS financials

10 February

Citi virtual Russia Credit Investor Day

25 February

Video conference for retail investors, Smart-lab

 

 

 

 

 


ISIN:

US5591892048

Category Code:

NOR

TIDM:

MMK

LEI Code:

253400XSJ4C01YMCXG44

Sequence No.:

92201

EQS News ID:

1162978


 

End of Announcement

EQS News Service

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