Ferrexpo

Ferrexpo increased net profit by 6 times in 2016

The revenue of Ferrexpo in 2016 grew by 2.6% to $986.33 mln.
In 2016 Ferrexpo made $189.2 mln of net profit, that is by more than 6 times exceeds the results of 2015 ($31.46 mln).

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Poltava GOK increased operational profit by 19%

Poltava GOK (in the structure of Ferrexpo) on the results of 2016 increased profit from operational activity by 19% to 3.2 bln grivnas against 2.7 bln grivnas in 2015.

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S&P increased the rating of Ferrexpo to B-

S&P has increased the long-term corporate credit rating of Ferrexpo to B- from CCC as well as the short –term rating from C to B with a positive outlook, the agency reports.

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Poltava GOK increased pellets production in 2016

Poltava GOK (Ukraine, in the structure of Ferrexpo) exported 11.416 mln tons of iron ore pellets in 2016.

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In 2016, Ferrexpo reduced production of pellets by 4%

According to Ferrexpo Plc, in 2016, the total pellet production by the company decreased by 4% to 11.2 million tons from 11.7 million tons in 2015.

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Ferrexpo reduced pellets production by 4.6%

Ferrexpo plc, that has assets in the Ukraine, reduced the production of iron ore pellets by 4.6% to 9.258 mln tons in annual terms on the results of January-October 2016.

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Ferrexpo reduced iron ore pellets production in Q3

Ferrexpo has announced of 8.2% fall of iron ore pellets production in Q3 2016.

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Poltava GOK exported over 7.6 mln tons of pellets

In January-August 2016 the Poltava GOK (in the structure of Ferrexpo) exported 7.685 mln tons of iron ore pellets.

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Fitch has increased the rating of Ferrexpo from CCC to CC

Fitch has increased the long-term rating of Ferrexpo plc (the UK) that controls the Poltava and Yeristovo GOKs from CCC to CC.
The agency confirmed the short-term rating at C.

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Net profit of Ferrexpo in H1 fell by a third to $77 mln

The net profit of Ferrexpo in H1 2016 fell by a third against H1 2015 to $77 mln.
The revenue of Ferrexpo in H1 2016 fell by 11% against H1 2015 to $458 mln.

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