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2020-10-22

PJSC Magnitogorsk Iron and Steel Works: MMK Group financial results for Q3 and 9M 2020

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK Group financial results for Q3 and 9M 2020

22-Oct-2020 / 08:56 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


MMK Group IFRS FINANCIAL RESULTS for q3 and 9M 2020

 

22 OCTOBER 2020

Magnitogorsk, Russia

PJSC Magnitogorsk Iron & Steel Works ("MMK", or the "Group") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to announce its financial results for Q3 and 9M 2020.

 

 

 

 

MMK GROUP FINANCIAL RESULTS

Q3 2020

...

USD mln

 

Q3 2020

Q2 2020

%

9M 2020

9M 2019

%

Revenue

1,565

1,268

23.4%

4,543

5,844

-22.3%

EBITDA

350

226

54.9%

1,018

1,462

-30.4%

EBITDA margin, %

22.4%

17.8%

4.6 p.p.

22.4%

25.0%

-2.6 p.p.

Profit for the period

102

58

75.9%

291

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