OREANDA-NEWS. June 15, 2012. NCSP Group (LSE: NCSP; MICEX: NMTP) reports that according to preliminary data for the first five months of 2012 NCSP Group total cargo turnover increased by 6% compared to the same period of the previous year.
NCSP Group total cargo turnover in the reporting period of 2012 amounted to 68.4 million tons, which represents an increase of 3.9 million tons versus the same period of 2011.
Detailed operating results of January-May, 2012 will be published later.
NCSP Group is the largest Russian port operator and the 3rd operator in Europe in terms of cargo turnover. NCSP shares are traded on Russia's MICEX exchange (NMTP) and on the London Stock Exchange in the form of GDRs (NCSP). 50.1% shares of PJSC NCSP belong to Novoport Holding Ltd, beneficiaries owners of which are JSC “Transneft” and Ziyavudin Magomedov (Summa Group). NCSP Group cargo turnover in 2011 totaled 157 million tons. Consolidated revenue according to IFRS in 2011 totaled USD 1 049 million and EBITDA of USD 550 million. NCSP Group combines the following stevedore companies: OJSC Novorossiysk Commercial Sea Port, Primorsk Oil Terminal Ltd (since 2011), PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, PJSC NCSP Fleet, OJSC NLE, OJSC IPP, and Baltic Stevedore Company Ltd.
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