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PhosAgro PAO (PHORq.L)

PHORq.L on London Stock Exchange

14.82USD
6:47am EDT
Change (% chg)

$0.47 (+3.31%)
Prev Close
$14.35
Open
$14.80
Day's High
$14.85
Day's Low
$14.60
Volume
11,037
Avg. Vol
397,460
52-wk High
$16.25
52-wk Low
$11.54

Latest Key Developments (Source: Significant Developments)

Russia's Phosagro says 2016 net profit rises 64 pct
Monday, 27 Mar 2017 02:39am EDT 

Russian fertiliser producer Phosagro says: 2016 net profit at 59.9 billion roubles ($1.05 billion), up 64 percent y/y; . 2016 EBITDA at 72.4 billion roubles, down 12 percent y/y; .2016 revenue at 187.7 billion roubles, down 1 percent y/y..  Full Article

Russia's Phosagro recommends dividend payment of 30 roubles/share
Tuesday, 21 Mar 2017 11:44am EDT 

Russia's Phosagro : Says its board of directors has recommended a dividend payment of 3.9 billion roubles ($68 million), or 30 roubles per share (10 roubles per Global Depositary Receipt); . Shareholders to consider the payment at the annual meeting on May 30; .Recommends dividend record date to be set as June 13. ($1 = 57.5176 roubles).  Full Article

Bookrunner says Phosagro placing shares priced at 2,550 roubles/shr
Thursday, 9 Feb 2017 01:22am EST 

Bookrunner: Phosagro final deal size: 4.5 percent of co / 5.8275 million shares; deal priced at r2550 – Bookrunner Further company coverage: [PHOR.MM] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Phosagro final deal size 4.5 percent of co / 5.8275 million shares - Bookrunner
Wednesday, 8 Feb 2017 02:30pm EST 

: Phosagro final deal size: 4.5 percent of co / 5.8275 million shares; deal expected to price at R2550 – orders with limits below risk missing - Bookrunner Further company coverage: [PHOR.MM] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Phosagro price guidance is RUB 2500-2600 - Bookrunner
Wednesday, 8 Feb 2017 02:08pm EST 

: Phosagro price guidance is RUB 2500-2600; books are covered throughout the range; books to close at 7.30pm UKT - Bookrunner Further company coverage: [PHOR.MM] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Bookrunner says books covered on offering of PhosAgro shares
Wednesday, 8 Feb 2017 12:30pm EST 

Bookrunner : Books are covered, price guidance to follow on offering of PhosAgro shares Further company coverage: [PHOR.MM] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Bookrunner seees strong interest for PhosAgro share offering
Wednesday, 8 Feb 2017 11:30am EST 

Bookrunner : Sndicate has had visibility of strong potential investor interest for PhosAgro offering from limited market sounding exercise . "no price guidance" Further company coverage: [PHOR.MM] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Russia's Phosagro says launches secondary share offering
Wednesday, 8 Feb 2017 11:25am EST 

Phosagro says: Launches secondary share offering . Selling Shareholder intends to sell up to 6,475,000 shares in the company, which amounts to up to 5 percent of the company's share capital .Phosagro says the company will not receive any proceeds from the sale.  Full Article

Russia's Phosagro says to invest 25-27 bln roubles in 2017
Tuesday, 7 Feb 2017 09:02am EST 

Russian fertiliser producer Phosagro's chief executive officer, Andrey Guryev, said: Company plans to invest 25-27 billion roubles ($454.81 million) in 2017; . Phosagro invested 42 billion roubles in 2016; . Strong free cash flow expected by the end of 2017; . Phosagro may refinance existing Eurobonds with new Eurobond issue or loans; .Considering new Eurobond issue in September..  Full Article

Russia's Phosagro 2016 fertiliser output up 9.4 pct
Wednesday, 1 Feb 2017 08:14am EST 

Russia's Phosagro says: Its 2016 overall fertiliser production rose 9.4 percent year-on-year to 7.4 million tonnes, while production of phosphate-based products grew by 10.8 percent to 5.9 million tonnes; . In Q4, its total production rose 13.4 percent year-on-year to 2.0 million tonnes; . Its 2016 sales rose 8.8 percent to 7.2 million tonnes; ."Looking ahead to 2017, we have started the year at prices that represent historical lows for the past 10 years, and I expect the price seasonality to be in line with what the market normally sees," Andrey Guryev, Phosagro chief executive, said in a statement..  Full Article

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