Ukraine: Ferrexpo pellets output up in H1 2015
In January-June Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works (both in Poltava region), produced 5.81 million tons of pellets, up by 7.4%, or by 0.44 thousand tons, YoY.
In January-June Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works (both in Poltava region), produced 5.81 million tons of pellets, up by 7.4%, or by 0.44 thousand tons, YoY.
Shares in Ukrainian iron ore producer Ferrexpo rose as much as 4% in early trade in London on Friday after the company posted a strong increase in iron ore pellet for the first half of the year.
Ferrexpo Plc with EPIC LON:FXPO has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘buy’ by analysts at Cantor Fitzgerald. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. Cantor Fitzgerald have set a target price of 120 GBX on its stock. This would imply the analyst believes there is…
Ferrexpo PLC said its profit halved in the first quarter of 2015 after revenue was impacted by lower iron ore prices and lower sales.
According to the press-release of Ferrexpo, the leading producer and exporter of iron ore pellets in Ukraine, the company’s AGM has approved of a $3.3 cents final dividend. Earlier Ferrexpo’s Board of Directors has proposed a final dividend in respect of profits generated by the company in 2014 of $3.3 cents per ordinary share, payable…
In January-March Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK, both in Poltava region), controlled by Ferrexpo plc (UK), produced 2.88 million tons of pellets, up by 2.46%, or by 69 thousand tons, YoY.
Ferrexpo plc, controlling Poltava Mining and Processing Works, received $183.84 million of profit.
Ferrexpo plc, whose main assets are Ukrainian iron ore producers Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK respectively), edged commercial iron ore pellet production down by 0.16% YoY in February, to 1.875 million tons.