Edition:
United Kingdom

EVRAZ plc (EVRE.L)

EVRE.L on London Stock Exchange

594.40GBp
22 Mar 2019
Change (% chg)

-13.60 (-2.24%)
Prev Close
608.00
Open
608.00
Day's High
614.60
Day's Low
592.00
Volume
2,230,061
Avg. Vol
2,407,520
52-wk High
634.80
52-wk Low
353.20

Latest Key Developments (Source: Significant Developments)

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
Tuesday, 19 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

Russia's Evraz plans to buy back $700 mln of bonds due 2020
Monday, 18 Mar 2019 

March 18 (Reuters) - Russian steelmaker Evraz says::Evraz has today launched an invitation to holders of $1,000,000,000 6.50% notes due April 22, 2020, of which $700,000,000 in principal amount is currently outstanding;.The purpose of the tender offer is to acquire any and all of the outstanding notes that, provided that the financing condition is satisfied, will be funded by the issuance of the new notes in order to extend the maturity of a portion of the group's indebtedness..  Full Article

Russia's Evraz says 2018 core earnings at $3.78 bln
Wednesday, 27 Feb 2019 

Feb 28 (Reuters) - Russian steelmaker Evraz ::On Thursday reported earnings before interest, taxation, depreciation and amortisation (EBITDA) at $3.78 billion in 2018 as a whole..This was up 43.9 percent from the previous year, when core earnings were at $2.62 billion, the company said..In 2018, its net profit was at $2.47 billion, up from $759 million in 2017. .Revenue for the full year 2018 was at $12.84 billion, up from $10.83 billion. .Evraz said an interim dividend of $577.34 million ($0.40 per share) has been declared..  Full Article

Evraz Enters New Relationship Agreements With Controlling Shareholders
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - EVRAZ plc ::EVRAZ PLC - UPDATE ON RELATIONSHIP AGREEMENTS.EVRAZ - NOW ENTERED INTO NEW RELATIONSHIP AGREEMENTS WITH ITS CONTROLLING SHAREHOLDERS, CROSLAND GLOBAL LIMITED AND ABIGLAZE.EVRAZ - NEW RELATIONSHIP AGREEMENTS ARE ON TERMS AND CONDITIONS THAT ARE SUBSTANTIVELY SAME AS THOSE THAT WERE PREVIOUSLY ENTERED INTO WITH CROSLAND.  Full Article

Russia's Evraz Q4 crude steel output flat q/q at 3.1 mln T
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Russian steelmaker Evraz says::Fourth-quarter 2018 consolidated crude steel output was flat quarter-on-quarter at 3.1 million tonnes;.In FY 2018, consolidated crude steel production decreased by 7.3 percent year-on-year to 13.0 million tonnes;.Q4 production of raw coking coal climbed by 15.3 percent qtr/qtr to 6.9 million tonnes..  Full Article

EVRAZ Confirms Exploring Options For Sibuglemet Coal Assets
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - EVRAZ plc ::RESPONSE TO PRESS SPECULATION.NOTES SPECULATION REGARDING POTENTIAL COMBINATION OF GROUP'S AND SIBUGLEMET HOLDING'S COAL ASSETS, OR "SIBUGLEMET".CONFIRMS ITS STRATEGIC INTEREST TO EXPLORE POSSIBLE OPTIONS IN RELATION TO COAL ASSETS OF SIBUGLEMET.NOTES THAT OPTIONS RELATING TO SIBUGLEMET NOT BEEN CONSIDERED BY BOARD AT THIS POINT, ACCORDINGLY NO DECISIONS HAVE BEEN MADE.  Full Article

Photo

Russia's Evraz says share sales by Abramovich and partners lower sanction risks

MOSCOW Russian steel company Evraz said a decision by Roman Abramovich and his partners to sell some of their shares in the group would reduce sanctions risks.