At the Severstal special meeting Dec. 17 the decision to pay the 9-month dividends in the volume of 1.684bn rub. in total was approved, the company informed.
The payment of the 2012-dividends demanded 1.583bn rub.; IQ 2013 - 360.219mln rub.; IH 2013 - 1.701bn rub.
The Company (TIN 3528000597) is an international mining/metallurgic company having high experience in the acquisition and integration of the assets in North America and Europe. It has mining entities in Russia as well to provide the raw for the production. The stocks are under circulation on MICEX, RTS; ADRs - on LSE.
In 2010 the revenues reached $13.573bn, EBITDA - $3.263bn. The output was fixed to come to 14.7mln ton of steel. Besides, Severstal produced 589ths ounce of gold at its deposits in West Africa, Kazakhstan and Russia.
The 9-month 2013 net profit (IAS) declined 5.8 fold to $157.298mln rub. from $911.613mln prior year period. The revenues plunged 9.65% to $9.928bn from $10.988bn; operating profit - 31.84% to $847.226mln from $1.243bn; EBITDA - 18.84% to $1.452bn from $1.789bn; EBITDA margin - to 14.6% from 16.3%.
The 9-month 2013 net profit (RAS) 2.85 fold to 3.16bn rub. from 9.016bn rub. prior year; revenues - 6.92% to 160.213bn rub. from 172.133bn rub.; profit from sales - 19.15% to 10.772bn rub. from 13.323bn rub.; pretax profit - 3.28 fold to 3.401bn rub. from 11.151bn rub.