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Globaltrans/Metalloinvest contract prolonged.

Globaltrans Investment PLC came to an agreement with Metalloinvest on the prolongation of the transportation contract till 2016 end from May 2015, the company informed.

Metalloinvest Holding (TIN 7705392230) is ranked as the 4th ore producer in the world. It involves Mikhailovsky GOK, Lebedinsky GOK, Oskolsky Electro Metallurgic Plant, Uralskaya Steel. The Company is one of the key steel producers in the region covering 9% of the total steel output in Russia.

The IH 2013 net profit (IAS) rallied down 2.12 fold to $620.683mln from $1.314bn; revenues - 14.6% to $3.807bn from $4.458bn rub.; operating profit

- 18.96% to $1.056bn from $1.303bn rub.; EBITDA - 35% to $1.23bn; EBITDA margin coming to 32.3% vs. 24.4% prior year.

The 9-month 2013 net profit (RAS) dropped 3.03 fold to 4.183bn rub.

from 12.664bn rub.; revenues - 2.54 fold to 5.082bn rub. from 12.883bn rub.; profit from sales - 2.95 fold to 4.191bn rub. from 12.377bn rub.; pretax profit - 3.09 fold to 4.099bn rub. from 12.681bn rub.

"AK&M", 15.01.2014


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