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EVRAZ plc (EVRE.L)

EVRE.L on London Stock Exchange

497.90GBp
17 Sep 2019
Change (% chg)

-20.10 (-3.88%)
Prev Close
518.00
Open
513.40
Day's High
513.60
Day's Low
493.50
Volume
4,091,286
Avg. Vol
3,757,338
52-wk High
710.20
52-wk Low
435.50

Latest Key Developments (Source: Significant Developments)

Russia's FAS Approves Application Of Evraz Unit To Buy 50% Plus 2 Shares In Transcontainer - RIA
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - :RUSSIA'S FEDERAL ANTI-MONOPOLY SERVICE APPROVES APPLICATION OF EVRAZ UNIT TO BUY 50% PLUS 2 SHARES IN TRANSCONTAINER <<>> - THE RIA NEWS AGENCY CITES FAS HEAD.  Full Article

Russia's Evraz says H1 net profit falls 70% y/y
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Russian steelmaker EVRAZ plc says::First-half net profit fell 70% year on year to $344 million down from $1.145 billion last year; .EBITDA totalled $1.482 bln, down 22.2% yr/yr;.Consolidated revenue fell 3.2% yr/yr to $6.140 bln; .An interim 2019 dividend of $508.2 million ($0.35 per share) has been declared;.The company expects markets to be volatile in the second half of 2019;.Evraz entered into an agreement in July to sell its wholly-owned subsidiary Evraz Stratcor Inc. to a third party in September; .The company does not expect the sale to have a significant impact on the group's consolidated financial statements. .  Full Article

U.S. unit of Russia's Evraz names new CEO
Thursday, 18 Jul 2019 

July 18 - Russian steelmaker Evraz said on Thursday::James Herald has been appointed president and CEO of Evraz North America, the steelmaker's U.S. unit, and will start in the roles at the end of the month. .Herald had worked as CEO at AXIP Energy, it said. .Conrad Winkler, Evraz North America's CEO since July 2013, is leaving the company to pursue other opportunities, it said. .  Full Article

Russia's Evraz says sale of 1.7% stake completed
Thursday, 20 Jun 2019 

June 20 (Reuters) - Russian steelmaker Evraz says::Its shareholders have completed the sale of 24.9 million existing ordinary Evraz shares representing approximately 1.7% of the company's share capital; .The placing was priced at 6.35 pounds per ordinary share. .Evraz said on Wednesday that shareholders Roman Abramovich, Alexander Abramov, Alexander Frolov and Eugene Shvidler were selling 25 million shares in the company via their respective investment vehicles..Evraz shares closed at 6.76 pounds per share on Wednesday..  Full Article

Russia's Evraz says raw coking coal output at 3.7 mln t in Q1
Monday, 29 Apr 2019 

April 29 (Reuters) - Russia's second biggest steelmaker Evraz said on Monday::Consolidated crude steel output stood at 3.5 million tonnes in the first quarter of 2019, up by 12.4 percent compared with the previous quarter;.Production of raw coking coal totalled 3.7 million tonnes in the first quarter, down 12.7 percent quarter-on-quarter;.Steel products sales increased by 8.4 percent to 3.2 million tonnes in Q1;.Coking coal sales were 2.7 million tonnes, 4.1 percent down on the quarter;.In Q2 2019, crude steel output is expected to drop by 2-5 percent on the quarter amid a reduction in tubular volumes due to the seasonal decline on Canada's OCTG market.In Q2 2019, raw coal production is expected to increase quarter on quarter after the completion of the Alardinskaya mine's transfer and the Raspadskaya-Koksovaya mine's switch to longwall mining.  Full Article

Russia's Raspadskaya to pay at least $50 mln in annual dividends
Thursday, 21 Mar 2019 

March 22 (Reuters) - Raspadskaya , a subsidiary of Russian steel company Evraz , says::The company has approved a new dividend policy and plans to pay no less than $50 million in dividends per year, split into two equal tranches in respect of first half year and full year results;.The board may recommend to increase dividend payments, taking into account financial results, forecasts for coal product prices and volumes, long-term development plans and need for additional investments;.Dividends will not be paid if the company's net debt to EBITDA ratio exceeds 2.0;.The company plans to discuss a dividend payment based on these principles in respect to H1 2019 results..  Full Article

Greenleas International Discloses 29.72 Pct Stake In Evraz - Filing
Wednesday, 20 Mar 2019 

March 19 (Reuters) - EVRAZ plc ::GREENLEAS INTERNATIONAL HOLDINGS DISCLOSES 29.72 PERCENT STAKE IN EVRAZ - FILING.  Full Article

Bookrunner Says Price Guidance Of GBP 595 - GBP 600 In Evraz Plc ABB
Monday, 18 Mar 2019 

March 18 (Reuters) - Bookrunner on Evraz ABB::BLOCK TRADE - EVRAZ PLC ABB: BOOKRUNNER SAYS PRICE GUIDANCE OF GBP 595 - GBP 600, BOOKS ARE COVERED WITHIN THIS RANGE, BOOKS CLOSE AT 645PM UKT.  Full Article

Bookrunner Says Books Are Oversubscribed And Price Guidance To Follow For Evraz ABB
Monday, 18 Mar 2019 

March 18 (Reuters) - Bookrunner: :BLOCK TRADE- EVRAZ PLC ABB: BOOKRUNNER SAYS BOOKS ARE OVERSUBSCRIBED; PRICE GUIDANCE TO FOLLOW.  Full Article

Bookrunner Says About 25.4 Mln Evraz Plc Shares For Sale In ABB
Monday, 18 Mar 2019 

March 18 (Reuters) - BOOKRUNNER - EVRAZ PLC ABB::BLOCK TRADE - EVRAZ PLC ABB: BOOKRUNNER SAYS ABOUT 25.4 MILLION SHARES / C. 1.8 PERCENT OF EVRAZ FOR 150 MILLION STG.BLOCK TRADE - EVRAZ PLC ABB - BOOKRUNNER SAYS PRICE RANGE: 595P – MARKET CLOSE.  Full Article