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Metinvest - Latest news GMK Center

Photo – Metinvest decreased net profit by 71% in 2019
Metinvest decreased net profit by 71% in 2019

The Group’s EBITDA shrank by 52% in 2019

Photo – In 2019, Metinvest increased steel production by 3%
In 2019, Metinvest increased steel production by 3%

The Group produced 7.6 million tons of metal in 2019

Photo – Metinvest will focus on the development of product portfolio in 2020
Metinvest will focus on the development of product portfolio in 2020

The improvement in the product portfolio will depend to a growth in production at the Ilyich Works

Photo – Metinvest cut its EBITDA by 75% in October
Metinvest cut its EBITDA by 75% in October

The Group’s revenue fell by 8.7% over the month

Photo – Metinvest’s EBITDA decreased by 39% over the first 9 months of 2019
Metinvest’s EBITDA decreased by 39% over the first 9 months of 2019

The fall in global steel prices affected the Group’s financial performance

Photo – Metinvest increased capital investment by 24% to $770 million, over 9 months
Metinvest increased capital investment by 24% to $770 million, over 9 months

65% of capital investment was spent for scheduled maintenance of production facilities

Photo – Ilyich ISW increased hot-rolled steel production capacities to 2.5 million t
Ilyich ISW increased hot-rolled steel production capacities to 2.5 million t

The capacity of the sheet rolling mill 1700 will reach 3.5 million tons following the reconstruction

Photo – Green steel production in Europe and in Ukraine
Green steel production in Europe and in Ukraine

The steel industry will go green — in Ukraine too

Photo – Metinvest increased the EBITDA in July by 54.3%
Metinvest increased the EBITDA in July by 54.3%

The Company’s revenue fell by 3.7%

Photo – S&P raised Ukraine’s credit ratings to B
S&P raised Ukraine’s credit ratings to B

The agency also projected the GDP growth in Ukraine in 2019 from 2.5% to 3.2%.

Photo – Metinvest made an offering of Eurobonds worth $500 million and €300 million
Metinvest made an offering of Eurobonds worth $500 million and €300 million

Maturities: 10 years at 7.95% and 5 years at 5.75% per annum

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