Payments to Governments Report 2018
Source: RNSPayments to Governments Report 2018
NLMK Group (LSE: NLMK), a global steel company with operations in Russia, the USA, and the EU, has published its Payments to Governments Report 2018 disclosing the respective payments related to extractive activities the company made during 2018.
The report was prepared in accordance with the Reports on Payments to Governments Regulations 2014 as enacted in the UK in December 2014 and as amended in December 2015. The report builds on the information provided in NLMK's Annual Reports on Sustainability and consolidated financial statements prepared according to international accounting standards published since 1998.
This Report is also filed with the National Storage Mechanism (http://www.morningstar.co.uk/uk/nsm) intended to satisfy the requirements of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority in the United Kingdom.
The Payments to Governments Report 2018 is now available on our website at:
https://nlmk.com/en/ir/reporting-center/csr-reports/
For further information, please contact:
Investor relations contact info
Dmitriy Kolomytsyn, CFA
+7 (495) 504 0 504
Media contact info
Andrey Sogrin
+7 (495) 504 0 504
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.
NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2018, the Company generated $12 billion in revenue and $3.6 billion in EBITDA. Net debt/EBITDA stood at 0.25х. The Company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). For more details on NLMK shareholder capital please follow the F link.
For more information on NLMK Group, please visit our website.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
