NCSP Group Released Guidance on 2013 Cargo Turnover
OREANDA-NEWS. Novorossiysk Commercial Sea Port Group (“NCSP Group” or “the Group”) (LSE: NCSP, Moscow Exchange: NMTP) on 17 February 2013 held an event for journalists in which it disclosed certain operating guidance for 2013, which is provided in the table below:
Units |
2013 guidance |
2012 | |
Total Turnover |
Thousand tones |
163,905-168,905 |
158,905 |
Crude Oil |
up to 111,000 |
110,829 | |
Oil Products |
up to 21,895 |
19,396 | |
Grain* |
4,000 - 5,000 |
7,963 | |
Ferrous Metals |
up to 8,500 |
8,652 | |
Iron Ore |
up to 3,650 |
1,756 | |
Mineral Fertilizers |
up to 1,000 |
871 | |
Sugar |
up to1,000 |
643 | |
Coal |
up to 1,500 |
254 | |
Containers |
‘000 TEU |
up to 660 |
624 |
* 2H 2013
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC “NCSP” belong to Novoport Holding Ltd, the beneficial owners of which are OJSC “Transneft” and Summa Group. NCSP Group cargo turnover in 2011 totalled 157 million tonnes. Consolidated revenue according to IFRS totalled USD 1,050 million and EBITDA was USD 550 million, in 2011. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company” and CJSC “SFP”.
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