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Akron PAO (AKRN.MM)

AKRN.MM on Moscow Interbank Currency Exchange

3,288.00RUB
24 Mar 2017
Change (% chg)

руб-60.00 (-1.79%)
Prev Close
руб3,348.00
Open
руб3,335.00
Day's High
руб3,335.00
Day's Low
руб3,250.00
Volume
1,920
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5,960
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руб3,900.00
52-wk Low
руб2,464.00

Latest Key Developments (Source: Significant Developments)

Acron unit acquires distribution and logistics complex in Rostov region
Wednesday, 15 Mar 2017 03:13am EDT 

Acron : Says its unit acquires distribution and logistics complex in Rostov region . Its unit, Agronova, has acquired a company which owns warehouse complex for storage of mineral fertilizers of 20,000 tons in the Rostov region . It will increase the group's storage capacity to 189,000 tonnes Further company coverage: [AKRN.MM] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Russia's Acron says 9-month net profit up 2 pct yr/yr
Monday, 9 Jan 2017 02:59am EST 

Acron says: 9-month net profit up 2 percent year on year to 14.54 billion roubles ($242.65 million); . 9-month EBITDA down 26 percent year on year to 22.35 billion roubles; . 9-month revenue down 3 percent year on year to 66.79 billion roubles; .Expects its Russian facilities to ramp up production and boost sales to over 7 million tonnes in 2017..  Full Article

Russia's Acron says not planning to sell stake in Poland's Azoty
Tuesday, 6 Dec 2016 11:27pm EST 

Acron : Not planning to sell its remaining stake in Polish group Azoty - Alexander Popov, Acron board chairman, told Reuters on the sidelines of a metals and mining conference in Moscow; . "We have this stake on hold for now," Popov said; . The company does not want to sell its potash assets in Canada; . "We're not selling, we're going to develop these assets," Popov said, referring to Acron's subsidiary North Atlantic Potash Inc. Further company coverage: [AKRN.MM] (Reporting by Svetlana Burmistrova) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Acron plans to boost production by 14% in 2016, will increase capacities
Tuesday, 6 Dec 2016 11:27am EST 

:. Russia's fertilisers maker Acron expects to increase its commercial output by 14 percent in the current year and is ready to invest in expanding of production, chairman of the board of directors Aleksandr Popov said .. In 2015 Acron decreased mineral fertilisers output by 1.5 percent year-on-year to 5.015 million tonnes due to repair and modernisation of its factories .. Acron's Russian capacities are now exceeding 100 percent, Popov said .. In 2017 Acron expects to increase its commercial output by 11 percent .. "Namely investments in modernisation of production have helped us to maintain revenue and profitability during the crisis. We need to invest in the production of high-margin products", Popov said at an industry conference organised by Sberbank CIB For further company coverage [AKRN.MM] For the story in Russian, click [nL5N1E14QQ] (Reporting by Sveta Burmistrova, writing by Natalya Shurmina, translated by Gdynia newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Acron completes placement of RUB 5 bln bonds in full
Thursday, 6 Oct 2016 10:10am EDT 

Acron :Says completes placement of 5 billion rouble ($80.33 million) BO-001R-01 series bonds in full.  Full Article

Acron sets first coupon rate for BO-001R-01 series bonds
Friday, 30 Sep 2016 02:32am EDT 

Akron :Sets first coupon rate for its BO-001R-01 series bonds at 9.55 percent per annum.  Full Article

Acron sets final coupon benchmark rate for RUB 5 bln bonds at 9.55%
Thursday, 29 Sep 2016 11:47am EDT 

:. Acron sets final coupon benchmark rate for its 5 billion rouble ($79.43 million) BO0-001R-01 series bonds at 9.55 pct per annum, corresponding to yield rate of 9.78 pct per annum For further company coverage [AKRN.MM] For the story in Russian, click [nL8N1C53YX] ($1 = 62.9462 roubles) (Reported by Elena Orekhova, translated by Gdynia newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Acron lowers coupon benchmark rate for RUB 5 bln bonds
Thursday, 29 Sep 2016 05:26am EDT 

:. Acron has lowered first coupon benchmark rate for its 5 billion rouble ($79.04 million) BO0-001R-01 series bonds to 9.50-9.70 pct per annum, corresponding to yield rate of 9.73-9.94 pct per annum .. The benchmark has been lowered from initial 9.60-9.80 pct per annum For further company coverage [AKRN.MM] For the story in Russian, click [nL8N1C526C] ($1 = 63.2601 roubles) (Reported by Elena Orekhova in Moscow, translated by Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Acron to place RUB 5 bln bonds
Monday, 26 Sep 2016 04:41am EDT 

:. Acron is to conduct book building of its 5 billion rouble ($77.95 million) BO-001R-01 series bonds with maturity period of 10 years on Sept. 29 .. According to materials for investors, coupon benchmark rate is 9.60-9.80 pct per annum, indicative coupon yield rate is 9.83-10.04 pct per annum .. Placement organizers are Rosbank and UniCredit Bank .. Preliminary placement date is Oct. 6 For further company coverage [AKRN.MM] For the story in Russian, click [nL8N1C21CV] (Reported by Elena Orekhova in Moscow, translated by Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Acron Q2 net profit down at RUB 180 million
Tuesday, 30 Aug 2016 04:18am EDT 

Acron : Q2 net profit 180 million roubles ($2.78 million) versus 5.0 billion roubles year ago . Q2 revenue 23.60 billion roubles versus 24.42 billion roubles year ago . H1 EBITDA 18.41 billion roubles versus 20.26 billion roubles year ago .Net debt as at June 30 was up 16 pct to 59.48 billion roubles (December 31 2015: 51.19 billion roubles).  Full Article

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