29.08.2017 NCSP Group Consolidated Financial Results for H1 2017
NCSP Group (LSE: NCSP, MoEx: NMTP) hereby announces its consolidated financial results for the three months, ending 30 June 2017, prepared under International Financial Reporting Standards (IFRS).
NCSP Group’s consolidated revenue for H1 2017 increased by $6 895 thousand or 1.6% compared to that of H1 2016 and reached $448 859 thousand.
Group’s EBITDA and net profit in the reporting period totaled $330 467 thousand* and $246 001 thousand, which is 7.6% and 32.4% less than that of six months 2016 respectively.
Group’s debt as of 30 June 2017 reduced by $101 254 thousand or 7.3% since the beginning of the year.
NCSP Group Key Financial Metrics
* Management accounts
Complete consolidates financial statements for H1 2017 are available for downloading at:
Conference call for investors and analysts hosted by NCSP Group management will be held on Wednesday, 30 August 2017, at 18:00 Moscow time.
Call title: NCSP Group Half-year 2017 Financial Results
Russian call ID: 17893972
English call ID: 29712568
Russia: +7 495 221 6523; 8 10 8002 041 40 11
UK and Europe: +44 203 043 24 40; 0 808 238 17 74
US: +1 877 887 41 63
Webcast registration link
Media are welcome in listen-only mode.
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in Europe by cargo turnover in 2016. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2016 totaled 147 million tons. Consolidated revenue to IFRS in 2016 totaled $865.5 million and EBITDA $675.5 million. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, Primorsk Trade Port LLC, Novorossiysk Grain Terminal LLC, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, JSC SFP.
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com