Trading update for the first nine months of 2018
|(US$ mn)||9M 2018||9M 2017||Change|
|(US$ mn)||30 Sep 2018||31 Dec2017||Change|
|Cash and cash equivalents||446||259||72%|
Head of Investor Relations
Tel: +41 22 591 03 74 (Switzerland)
Tel: +380 44 251 83 24 (Ukraine)
Manager of Investor Relations
Tel: +380 44 251 83 36 (Ukraine)
METINVEST GROUP is a vertically integrated group of steel and mining companies that manages every link of the value chain, from mining and processing iron ore and coal to making and selling semi-finished and finished steel products. It comprises steel and mining production facilities located in Ukraine, Europe and the US, as well as a sales network covering all key global markets. Metinvest’s business is divided for financial reporting purposes into two segments: Metallurgical and Mining. Its strategic vision is to become a leading vertically integrated steel producer in Europe, delivering sustainable growth and profitability resilient to business cycles and providing investors with returns above the industry benchmarks. For the six months ended 30 June 2018, the Group reported revenues of US$6.2 bn and an EBITDA margin of 22%.
METINVEST HOLDING LLC is the management company of Metinvest Group.