28.08.2015 NCSP Group Financial Results for H1 2015 – Net Profit $250 million
Novorossiysk Commercial Sea Port Group (LSE: NCSP, MoEx: NMTP) hereby announces its consolidated financial results for the six months ended 30 June 2015.
NCSP Group’s consolidate revenue for 6M 2015 amounted to $438 million versus $511 million for H1 2014.
Group’s EBITDA in the reporting period grew by $23 million* and reached $328 million*. EBITDA margin reached 75%*.
Net income for the first half of 2015 totaled $250 million, growing 81% year-on-year.
Management’s discussion and analysis of the H1 2015 consolidated financial results will be presented at the conference call for investors and analysts to be held 31 August 2015 at 17:00 Moscow time (15:00 GMT / 10:00 am New York).
NCSP Group’s key operating and financial indicators
* Management accounts
NCSP Group’s consolidated financial statements to IFRS for 6M 2015 can be downloaded from the Group’s website at : http://nmtp.info/en/holding/investors/reporting/msfo/
About NCSP Group
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2014 totalled 131 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.
Kristina Senko, Public Relations; KSenko@ncsp.com
Mikhail Shchur, Investor Relations; MShchur@ncsp.com
Conference call and webcast for investors & analysts
The call will be held on 31 August 2015 at 17:00 Moscow time (15:00 GMT / 10:00 am New York) in Russian, English translation available on a separate line.
Webcast and slide-show are available in English only.
Media are welcome to join the call in listen-only mode.
The call will be hosted by:
Sultan Batov, CEO of PJSC NCSP
German Kachan, Chief Accountant of PJSC NCSP
Mikhail Shchur, Investor Relations Director, PJSC NCSP
Call title: NCSP FINANCIAL RESULTS FOR H1 2015
Russian call ID: 18594501
English call ID: 18657767
Russia +7 499 6771036
UK +44 (0) 0844 4933800
US +1 631 510 7498
Other +44 (0) 1452 555566
English only webcast & slide-show link: