Ferrexpo
Outlook negative
The Group increased sales of pellets by 21% over the five months
Monthly production exceeded 1 million tons
Health care facilities of Gorishni Plavni, Kremenchuk and Poltava were provided with assistance
The Company produced 2.725 million tons of pellets over three months
The Group’s revenue rose by 18%, while net debt fell by 17%
30 March 2020
Companies are taking action to prevent the spread of the virus and minimize its impact on production
The funds will be spent to purchase ventilators, coronavirus tests and other equipment
Production of premium iron ore pellets may surge by 8.6%
The Company produced 10.5 million tons of pellets per annum
The company will pay special interim dividends to shareholders as early as 17 January 2020
The Board has appointed Chris Mawe, Chief Financial Officer, to replace Mr Zhevago