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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Public Joint Stock Company "Novolipetsk Steel"    NLMK

PUBLIC JOINT STOCK COMPANY "NOVOLIPETSK STEEL"

(NLMK)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 11/27 04:34:32 am
26.04 USD   +0.39%
11/21NOVOLIPETSK STEEL : NLMK ESG presentation – November 2020
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10/21NOVOLIPETSK STEEL : 3rd quarter results
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10/21NOVOLIPETSK STEEL : Press Release
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Novolipetsk Steel : Q3 and 9M 2020 NLMK Group Trading Update

10/13/2020 | 11:12am EST

NLMK Group (LSE: NLMK, MOEX: NLMK) is pleased to announce that in Q3 2020 its steel output grew by 3% yoy to 3.9 m t (flat qoq).

Sales increased by 11% yoy, totalling 4.4 m t (+2 qoq).

Q3 2020 highlights

Steel output grew by 3% yoy to 3.9 m t (flat qoq).

Sales increased by 11% yoy to 4.4 m t, due mainly to higher pig iron sales to the US, Chinese, and Turkish markets. Quarter-on-quarter, sales were up by 2%, while the share of finished products in the sales portfolio grew from 56% to 62%.

Sales in export markets grew by 42% yoy to 1.8 m t, as shipments of semis increased. The 10% quarter-on-quarter reduction reflects the recovery of business activity in Russia and a normalized share of export sales by the Group's Russian companies.

Sales in 'home' markets totalled 2.8 m t (-2% yoy), amid a decrease in demand for slabs for the production of large-diameter pipes on the Russia market. Quarter-on-quarter, sales grew by 19% due to the recovery in demand for finished products on the Russian market.

9M 2020 highlights

Steel output totalled 11.9 m t (flat yoy).

Sales grew by 3% yoy to 13.3 m t, driven by a 4x increase in pig iron sales to 1 m t.

Sales on 'home' markets declined by 4% yoy to 8.1 m t, due mainly to lower demand in the US market.

Sales on export markets grew by 16% yoy to 5.2 m t, supported by increased exports of pig iron and slabs to third parties.

Contact:

Maria Simonova

Tel: +7 (495) 504-05-04

Email: simonovamn@nlmk.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 9 239 M - -
Net income 2020 1 170 M - -
Net Debt 2020 2 150 M - -
P/E ratio 2020 13,5x
Yield 2020 8,81%
Capitalization 15 546 M 15 546 M -
EV / Sales 2020 1,92x
EV / Sales 2021 1,72x
Nbr of Employees -
Free-Float -
Chart PUBLIC JOINT STOCK COMPANY "NOVOLIPETSK STEEL"
Duration : Period :
Public Joint Stock Company
Technical analysis trends PUBLIC JOINT STOCK COMPANY "NOVOLIPETSK STEEL"
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 24,33 $
Last Close Price 25,94 $
Spread / Highest target 7,94%
Spread / Average Target -6,22%
Spread / Lowest Target -30,6%
EPS Revisions
Managers
NameTitle
Grigory Vitalyevich Fedorishin President & Chairman-Management Board
Vladimir Sergeevich Lisin Chairman
Ben de Vos Vice President-International Operations
Shamil Ravilyevich Kurmashov Chief Financial Officer
Nikolai Alexeevich Gagarin Director