MTL earnings

MOSCOW, RUSSIA / ACCESSWIRE / March 1, 2022 / Mechel PAO (MOEX:MTLR)(NYSE:MTL), a leading Russian mining and steel group, announces financial results for the FY 2021.Consolidated Results for the FY'2021Mechel PAO's Chief Executive Officer Oleg Korzhov commented:"The Group's consolidated revenue in 2021 amounted to 402.1 billion rubles, up by 51% year-on-year. EBITDA was 118.9 billion rubles, demonstrating a 190% growth year-on-year. EBITDA margin was 30%, doubling the EBITDA margin of 2020."Favorable trends on steel and metallurgical commodity markets was the key driver for the improvement of the Group's financial results. On average, the prices for our facilities' steel products went up by

MOSCOW, RUSSIA / ACCESSWIRE / November 18, 2021 / Mechel PAO ((MOEX:MTLR, NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 3Q 2021 and 9M 2021.Consolidated Results for the 3Q'2021 and 9M'2021Mechel PAO's Chief Executive Officer Oleg Korzhov commented:The Group's consolidated revenue in 3Q2021 amounted to 102.9 billion rubles, down 5% quarter-on-quarter. EBITDA was 31.9 billion rubles, also down 5% quarter-on-quarter. EBITDA margin remained at 31%."The decrease in our steel division's financial results made the main influence on the dynamics of the Group's results. This year's third quarter was characterized by weaker trends on the steel market. As expo

MOSCOW, RUSSIA / ACCESSWIRE / August 27, 2021 / Mechel PAO ((MOEX:MTLR, NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 2Q 2021 and 1H 2021.CONSOLIDATED RESULTS FOR THE 2Q'2021 AND 1H'2021Mechel PAO's Chief Executive Officer Oleg Korzhov commented:"The Group's consolidated revenue in 2Q'2021 amounted to 108.9 billion rubles, up by 43% quarter-on-quarter. EBITDA was 33.7 billion rubles, up by 85% quarter-on-quarter. EBITDA margin reached 31%."Improved results were due to an increase in prices on the Group's nearly entire product range, both in the mining and the steel division. Given the favorable market trends, our enterprises increased sales on numer

Consolidated revenue - 76.0 bln rubles (+13% compared to 1Q 2020)EBITDA[*]- 18.2 bln rubles (+39% compared to 1Q 2020)Profit attributable to equity shareholders of Mechel PAO - 7.9 bln rublesMOSCOW, RUSSIA / ACCESSWIRE / May 20, 2021 / Mechel PAO ((MOEX:MTLR, NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 1Q 2021.Mechel PAO's Chief Executive Officer Oleg Korzhov commented:"The Group's consolidated revenue in 1Q2021 was 76.0 billion rubles, which is 10% more than in the previous quarter. EBITDA reached 18.2 billion rubles, demonstrating an 88% growth quarter-on-quarter."The results improved due to increased prices for nearly the entire product range o

Consolidated revenue - 265.5 bln rubles (-8% compared to FY 2019) EBITDA[*]- 41.1 bln rubles (-23% compared to FY 2019) Profit attributable to equity shareholders of Mechel PAO - 808 mln rubles MOSCOW, RUSSIA / ACCESSWIRE / March 11, 2021 / Mechel PAO (MOEX: MTLR, NYSE: MTL), a leading Russian mining and steel group, announces financial results for the FY 2020. Mechel PAO's Chief Executive Officer Oleg Korzhov commented: "The Group's consolidated revenue in 2020 totaled 265.5 billion rubles, which is 8% less compared to 2019. EBITDA amounted to 41.1 billion rubles, which is 23% less year-on-year. "The mining division accounted for about 60% of the decrease in revenue. This was due to a s