In 2018 Metinvest purchased 23.71% of Yuzhkoks shares for $30 million. The group also bought 24.99% of Pokrovskoye mine group and Svyato-Varvarinskaya Processing Factory and 100% in Unisteel for $190 million, the latter owning the galvanizing line with the capacity of 100 thousand tons per year. “The acquisition of these shares will provide for a…
In 2018 Metinvest increased its sales in Ukraine by 35% YoY, to $3.34 billion. The growth was due to the increase in domestic demand. “Metal consumption in Ukraine grew by 4%, to 5.7 million tons”, the group noted. Pellets and coke sales increased by 58% and by 41% respectively. The share of Ukraine in the…
In 2018 Metinvest received $1.188 billion of net profit, up by 93% YoY. According to the group statement, revenue grew by 33%, to $11.88 billion, EBITDA – by 23%, to $2.513 billion, gross profit – by 28%, to $2.787 billion and cash flow – by 85%, to $1.103 billion. At the same time the debt…
Kherson Sea Trade Port has concluded an agreement and started working with the transport-expeditor company Metinvest-Shipping LLC. The port has already exported the first batch of 9 thousand tons of rolled metal. Metinvest-Shipping services cargo in the major ports of Ukraine, as well as transports it by railroad. (Ukrainian metal)
In December 2018 Metinvest received $968 million of revenue, up by 5.6% MoM. EBITDA dropped by 44%, to $103 million. The metal division EBITDA was minus $9 million as opposed to $69 million. Mining division EBITDA grew from $105 million to $113 million. Metal division revenue increased from $763 million to $809 million, and of…
On March 4, Metinvest-Resource LLC purchased 7.3 thousand tons of scrap valued at 47.2 million UAH at the trades in the ProZorro system. Metinvest-Resource is the sole supplier of scrap to Metinvest enterprises. The initial price of the lot 13B increased from 46.788 million UAH to 47.256 million UAH. Thus, 1 ton of scrap costs…
In 2018 Metinvest enterprises paid 22.2 billion UAH to the budgets of all levels, up by 50% YoY. In particular, the group paid 11.1 billion UAH of profit tax, up by 76%. The payment of single social tax grew by 30%, to 3.1 billion UAH, and the individual income tax – by 22%, to 2.9…
In January-November 2018 Metinvest received $10.912 billion of income, up by 36% YoY. Metal division income grew by 40%, to $9.263 billion, and of mining – by 19%, to $1.649 billion. Consolidated EBITDA went up by 34%, to $2.41 billion. Metal division EBITDA increased almost 2-fold, to $1.3 billion, while that of mining division dropped…
