International Exhibition of Equipment, Special Machinery and Technologies for Mining, Processing and Transportation of Minerals
8-10 October 2019 • Ukraine • Zaporizhia • Kozak-Palace Exhibition Center

Metinvest announced the operating results for the first quarter 2019

News
Metinvest B.V., the parent company of a vertically integrated group

Metinvest B.V., the parent company of a vertically integrated group of mining and metallurgical companies (hereinafter - Metinvest or the Group), announced the operating results for the first quarter ended March 31, 2019.
Key features:
                      1Qr. 2019      4 Qr. 2018       Tones,thsd    %    1 Qr. 2019           1 Qr. 2018      Tones,thsd     %
Steel              1 941             1 725              216             13%         1 941                    1 825             116                6%                                                
Iron-ore
concentrate  7 204            6 813                 391              6%         7 204                    6 924           280                 4%
(general)
Coal
concentrate (general)   674         709         -35         -5%        674         633         41           6%

The METINVEST Group is a vertically integrated group of mining and metallurgical companies that manages each link in the supply chain from mining to processing ore and coal, as well as producing and selling semi-finished and finished steel products. The structure of the Group includes mining and metallurgical enterprises located in Ukraine, Europe and the USA, as well as a sales network covering all key global markets. For the purpose of preparing financial statements, the Group's business is divided into 2 segments - Metallurgical and Mining. The Group’s strategic vision is to become the leading European vertically integrated steel producer, ensuring, despite the cyclical nature of the markets, steady growth and profitability, as well as investment returns above industry standards. For the 12 months ended December 31, 2018, the Group's revenue was US $ 11.9 billion, and EBITDA margin was 21%.