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Evraz

Publié le 29 août 2013

ANNOUNCES UNAUDITED INTERIM FINANCIAL RESULTS FOR H1 2013

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EVRAZ ANNOUNCES UNAUDITED INTERIM FINANCIAL RESULTS FOR H1 2013

EVRAZ plc (�EVRAZ� or “the Company”) (LSE: EVR) today announces its unaudited interim results for the six months ended 30� June 2013 (“the Period”).

H1 2013 HIGHLIGHTS

Commenting on the interim results in respect of 2013, Alexander Frolov, Chief Executive of EVRAZ, stated:

“While our sales volumes were broadly flat at 7.8 million tonnes in H1� 2013, the financial results inevitably reflect the weaker steel price environment, with revenues decreasing 3% vs. H1� 2012 to US$7,362� million and EBITDA declining to US$939� million.

During the reporting period we successfully delivered on three key investment projects: the commissioning of the new coking coal mine Yerunakovskaya VIII, the launch of the modernised rail mill at EVRAZ ZSMK and the introduction of PCI technology at EVRAZ NTMK. Each of these undertakings represents an important milestone in our strategy to develop our raw material base, enhance our product portfolio and preserve our low cost position in the global steelmaking industry. At the same time, in the face of challenging conditions for the global steel sector, we have revised and further adjusted our expansion plans in order to significantly increase the flexibility of future capital expenditure”.


Six months to 30� June

� 

� 

� 

(US$ million)

2013

2012

Change

Consolidated revenue

7,362

7,619

(3.4)%

Consolidated EBITDA

939

1,184

(20.7)%

Net loss

(122)

(46)

165.2%

Loss per share, (US$)

(0.07)

(0.03)

133.3%

Net cash flows from operating activities

628

1,089

(42.3)%

CAPEX

492

565

(12.9)%


30� June 2013

31� December 2012

� 

Net debt

7,043

6,376

10.5%

Total assets

18,821

17,805

5.7%

� 

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CoNFERENCE CALL DETAILS

A webcast/conference call to discuss the results hosted by Alexander Frolov, CEO, and Giacomo Baizini, CFO, will commence today, 29 August, at:

3 pm (London Time)

6 pm (Moscow Time)

10 am (New York Time)

To join the webcast please register on-line at � http://webeventservices.reg.meeting-stream.com/81111/

or dial

0 800 694 0257� � � � � � � � � � � � � � � � � � � � � �  in the UK (toll-free)

8 10� 800 2097 2044� � � � � � � � � � � � � � � �  in Russia (toll-free)

1 866 966 9439� � � � � � � � � � � � � � � � � � � � � �  in the USA (toll-free)

+44 (0) 1452 555 566� � � � � � � � � � � � �  International Dial-in

Conference ID 31843434

To avoid any technical inconveniences it is recommended that participants dial in 15 minutes before the event start time.

The playback will be available until 4 September 2013.

Participants requesting the playback should dial:

0 800 953 1533� � � � � � � � � � � � � � � � � � � � � �  in the UK (toll-free)

1 866 247 4222� � � � � � � � � � � � � � � � � � � � � �  in the US (toll-free)

+44 (0) 1452 55 00 00� � � � � � � � � � � �  International Dial-in

and enter the Code 31843434 followed by the # sign.�  .

Evraz

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CODE : EVGPY
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Evraz est une société de production minière de tungsten basée au Luxembourg.

Son principal projet en exploration est PINE CREEK MINE en USA.

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Rapports Financiers de Evraz
29/08/2013ANNOUNCES UNAUDITED INTERIM FINANCIAL RESULTS FOR H1 2013
Projets de Evraz
20/12/2013has launched its rolling mill in Kostanay
15/10/2013enters agreement to sell Gramoteinskaya thermal coal mine
14/10/2013Suspends Operations at Claymont Mill
18/04/2013Q1 2013 Production Report and Interim Management Statement
Communiqués de Presse de Evraz
27/12/2013optimises Evrazruda’s assets
26/12/2013products to Europe
20/11/2013signs Memorandum of Understanding to sell ore business in Kh...
19/09/2013signs an agreement to sell the iron ore mining asset VGOK
16/09/2013announces disposal of a heat and power generating station in...
30/07/2013Suspends Operations at EVRAZ Palini e Bertoli in Italy
09/07/2013Statement re. press speculation concerning EVRAZ Highveld St...
13/06/2013Results of the Annual General Meeting
24/04/2013Prepays US$950 Million Structured Credit Facility Due 2015
18/01/2013News
04/10/2012News
17/05/2012News
20/04/2012News
06/09/2011News
28/04/2011News
21/04/2011News
15/04/2011News
14/04/2011News
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