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2021-07-22

PJSC Magnitogorsk Iron and Steel Works: MMK Group IFRS financial results for Q2 and H1 2021

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK Group IFRS financial results for Q2 and H1 2021

22-Jul-2021 / 08:04 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 q2 and h1 2021

 

22 july 2021

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 Q2 and H1 2021.

  

MMK GROUP FINANCIAL RESULTS

Q2 2021

USD mln

 

Q2 2021

Q1 2021

%

H1 2021

H1 2020

%

Revenue

3,255

2,185

49.0%

5,440

2,978

82.7%

EBITDA

1,435

726

97.7%

2,161

668

223.5%

EBITDA margin, %

44.1%

33.2%

10.9 p.p.

39.7%

22.4%

17.3 p.p.

Profit for the period

1,031

477

116.1%

1,508<...

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