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Half year Report 2020
www.investegate.co.uk/ferrexpo-plc--fxpo-/...08050705361444V/
Financial Highlights
· Pellet production and sales volumes up 5% and 22% respectively
· Revenues of US$776 million (1H 2019: US$787 million) reflecting lower pellet premiums
· Underlying EBITDA A US$352 million (1H 2019: US$372 million)
· EBITDA margin 45% (1H 2019: 47%)
· Profit after tax of US$250 million (1H 2019: US$270 million)
· Interim dividend declared of 6.6 US cents (1H 2019: 6.6 US cents), in addition to an interim dividend of 6.6 US cents per share declared in June 2020
· Net debt A US$174 million (31 December 2019: US$282 million)
· Net debt A to last twelve months' EBITDA ratio down to 0.31x, compared to 0.48x at 31 December 2019
· Capital investment US$96 million (1H 2019: US$114 million)
Credit Suisse 2020 Global Steel and Mining Conference 10 September 2020
www.ferrexpo.com/system/files/uploads/...20vF%2010Sep20_0.pdf
Ferrexpo 2020 Special Interim Dividend Declaration
www.investegate.co.uk/ferrexpo-plc--fxpo-/...09110700046805Y/
The dividend announced today follows the special interim dividend of 6.6 US cents announced in June, as well as the interim dividend of 6.6 US cents announced alongside the Company's Interim Results last month, and brings the total distributions announced in respect of this year to 19.8 US cents (FY 2019: 13.2 US cents).
Production Report for 3Q 2020
www.investegate.co.uk/ferrexpo-plc--fxpo-/...10060700061644B/
· COVID-19 update: Ferrexpo's operations continued to operate with minimal impact during 3Q 2020 due to the global COVID-19 pandemic. The Company continues to ensure all appropriate precautions are being followed for the health and wellbeing of its workforce, including the Company's own programmes testing for the COVID-19 virus and associated antibodies.
· 9M 2020 pellet production up 3% to 8.1MT (9M 2019: 7.9MT).
· 3Q 2020 pellet production down 12% to 2.5MT (2Q 2020: 2.9MT), with reduced volume due to planned pelletiser maintenance in early September 2020.
· 100% of production in 3Q 2020 comprised of high grade iron ore pellets (65% Fe and above).
· The Company's additional concentrator section was completed in 3Q 2020, with commissioning and ramp up of this additional processing capacity to progress in 4Q 2020.
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| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 2 | 270 | FERREXPO ab 26.07.10 wieder im Rennen | buran | tuorT | 16.12.25 13:20 | |
| 3 | 10 | Ferrexpo wann kommt die nächste Stahlzeit ? | NEBELderERDE | buran | 08.04.10 14:02 |