Ferrexpo

Ferrexpo to pay dividends after a year’s pause

Ferrexpo has decided to pay dividends at the volume of $0.033 cents/share after a year’s pause.

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Poltava GOK exported almost 3 mln tons of pellets

In January-April 2017 the January-April 2017 shipped for export 2.926 mln tons of iron ore pellets.
The products were exported to Europe and Middle East, Japan, Korea and China.

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Poltava GOK is a traditional leader on pellets export in Q1

The Poltava GOK (Ferrexpo Poltava Mining, FPM) in Q1 2017 is the leader on the export of iron ore pellets among the enterprises of the former USSR.

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Moody’s increased rating of Ferrexpo

Moody’s has increased the corporate rating of Ferrexpo plc (UK) from Caa3 to Caa2, Moody’s reports.

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Ferrexpo increased net profit by 6 times in 2016

The revenue of Ferrexpo in 2016 grew by 2.6% to $986.33 mln.
In 2016 Ferrexpo made $189.2 mln of net profit, that is by more than 6 times exceeds the results of 2015 ($31.46 mln).

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Poltava GOK increased operational profit by 19%

Poltava GOK (in the structure of Ferrexpo) on the results of 2016 increased profit from operational activity by 19% to 3.2 bln grivnas against 2.7 bln grivnas in 2015.

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S&P increased the rating of Ferrexpo to B-

S&P has increased the long-term corporate credit rating of Ferrexpo to B- from CCC as well as the short –term rating from C to B with a positive outlook, the agency reports.

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Poltava GOK increased pellets production in 2016

Poltava GOK (Ukraine, in the structure of Ferrexpo) exported 11.416 mln tons of iron ore pellets in 2016.

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In 2016, Ferrexpo reduced production of pellets by 4%

According to Ferrexpo Plc, in 2016, the total pellet production by the company decreased by 4% to 11.2 million tons from 11.7 million tons in 2015.

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Ferrexpo reduced pellets production by 4.6%

Ferrexpo plc, that has assets in the Ukraine, reduced the production of iron ore pellets by 4.6% to 9.258 mln tons in annual terms on the results of January-October 2016.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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