News

12 April 2016

Key financials:

· Consolidated revenue RUB 7,771 mln (+3%)

· Consolidated EBITDA RUB 4,882 mln (+27%)

· EBITDA margin 63% as against 51% in 2014

· Adjusted net profit RUB 3,290 mln (+36%)

· Operating cash flow RUB 4,453 mln (+33%)

· CAPEX RUB 562 mln (+51%)

· Net debt RUB 4,659 mln (-27% compared to 31 December 2014)

· Net debt/EBITDA 1.0x versus 1.7x as of 31 December 2014

Key operating results:

· Total volume of cargo handling 5.5 mln tonnes (-15%)

· Grain handling volume 2.8 mln tonnes (-1%)

· Container throughput 203 ‘000 TEU (-23%)

Key developments:

· Transfer of stevedoring assets and the bunkering company to the Russian holding company OOO “DeloPorts”

· Assignment of corporate credit ratings to DeloPorts: BB- (Fitch) and B+ (S&P)

· Debut ruble bond offering

· Launch of deep-water berth construction at NUTEP container terminal

· Creation of joint technical directorate for more efficient management of investment projects