At a meeting held on 5 March 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders to approve payment of Q4’17 dividends of RUB 3.36 per share at the upcoming Annual General Shareholder Meeting (AGM) which will be held on 8 June 2018.
At a meeting held on the 5th of March, directors of NLMK Group (LSE:NLMK), an international steel company with assets in Russia, the USA and the EU, resolved to convene the Annual General Shareholders’ Meeting on 8 June 2018.
Strategy 2017 target of $1 billion annual EBITDA gains has been achieved
NLMK Group (MICEX and LSE: NLMK) is pleased to announce* growth in 12M EBITDA by 37% yoy to $2.66 bn. EBITDA margin grew by 1 p.p. to 26%. Free cash flow increased by 16% to $1.27 bn.
At a meeting held on 13 February 2018, NLMK’s Board of Directors considered the nomination for the position of the Company president (CEO) (Chairman of the Management Board) submitted by its majority shareholder. Grigory Fedorishin, who currently holds the position of Senior Vice President of NLMK, was approved as the top candidate to be voted on at the Extraordinary General Meeting of Shareholders.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q4 2017 on Tuesday, February 20, 2018.