projects pursued under the Group's strategy.
-- Operational excellence measures implemented under MMK's updated strategic initiatives will
further boost the Group's profitability in Q4 2021.
ABOUT MMK
MMK is one of the world's largest steel producers and a leading Russian metals company.
The Group's operations in Russia include a large steel-producing unit encompassing the
entire production chain, from the preparation of iron ore to downstream processing of
rolled steel. MMK turns out a broad range of steel products, with a predominant share of
premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln Subscribe to our official MMK
tonnes of commercial steel products. channel on Telegram to be the
first to know about key MMK
??K is an industry leader in terms of production costs and margins. Group revenue in 2020 news.
totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest
debt burden. Net debt/EBITDA ratio was -0.06? at the end of 2020. The Group's
investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's
and S&P.
MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts
are traded on the London Stock Exchange. Free float amounts to 20.2%.
KEY UPCOMING EVENTS IN 2021
Veronika Kryachko
+7 915 380 6266 Financial calendar
kryachko.vs@mmk.ru
25 October Q3 and 9M 2021 IFRS financials
26-28 October Non-deal roadshow (NDR), online
ESG DEPARTMENT Yaroslava Vrubel +7 982 282 9682 vrubel.ys@mmk.ru COMMUNICATIONS DEPARTMENT Dmitry Kuchumov +7 985 219 2874 kuchumov.do@mmk.ru Oleg Egorov +7 903 971 8837 egorov.oa@mmk.ru -----------------------------------------------------------------------------------------------------------------------
ISIN: US5591892048 Category Code: TST TIDM: MMK LEI Code: 253400XSJ4C01YMCXG44 Sequence No.: 124185 EQS News ID: 1240350 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1240350&application_name=news
(END) Dow Jones Newswires
October 13, 2021 03:00 ET (07:00 GMT)
