In January-June Ferrexpo decreased net profit by 29.6% YoY, to $152 million. According to the group statement, revenue grew by 4.4%, to $617 million. EBITDA dropped by 18.5%, to $234 million. Net debt as of June 30 decreased to $368 million from $394 million as of December 31, 2017. Sales volumes dropped to 4.798 million…
In January-March Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) paid 550 million UAH of taxes to budgets of all levels. In particular, PGOK paid 464 million UAH to the budget, EGOK – over 84.2 million UAH and BGOK – 2.3 million UAH. PGOK paid 52 million UAH to the city budget, 58…
In January-June Ferrexpo decreased pellets output by 1.2% YoY, to 5.096 million tons. According to the group statement, manufacture of pellets with 65% Fe content dropped by 2.5%, to 4.779 million tons, while that of pellets with 62% Fe content grew by 23%, to 317.1 thousand tons. The pellets manufacture of the group own ore…
Ferrexpo is minimizing pellets sales on the markets of the Eastern Europe, at the same time increasing deliveries to constant buyers of premium products in Germany and Austria, South Korea and Japan. “We are not leaving the markets of the Eastern Europe, but we are gradually decreasing exports there, re-orienting on our main customers, in…
In January-March Ferrexpo invested over 748.9 million UAH ($27.8 million) in the development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, in the maintenance of reserves and development of PGOK 501 million UAH ($18.6 million) was invested, and in the development of EGOK and BGOK – over 247.9 million UAH ($92.…
In Q1 Ferrexpo produced 2.585 million tons of iron ore pellets, down by 1.5% YoY. According to the group statement, it produced 149.9 thousand tons of pellets of 62% iron contents ore and 2.435 million tons of 65% ore. Manufacture of pellets of its own ore dropped by 1.6%, to 2.571 million tons, while of…
In 2017 Ferrexpo invested over $100 million in its Ukrainian assets. “Poltava, Yeristovo and Belanovsky GOKs received 2.7 billion UAH from Ferrexpo last year”, the company reported. In particular, for deposits maintenance and development PGOK received 1698.3 million UAH ($62.9 million), while Yeristovo and Belanovsky GOKs were given 995.3 million UAH ($37.3 million) for development.…
In 2017 Ferrexpo plc increased net profit 2.1-fold, or by $205.272 million, to $394.472 million. Revenue grew by 21.4%, to $1197.494 million. EBITDA increased by 46.9%, to $551 million. Last year Ferrexpo produced 10.444 million tons of pellets, down by 6.8% YoY. (Ukrainian metal)
