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Trubnaya Metallurgicheskaya Kompaniya PAO (TRMK.MM)

TRMK.MM on Moscow Interbank Currency Exchange

81.10RUB
24 May 2017
Change (% chg)

руб2.95 (+3.77%)
Prev Close
руб78.15
Open
руб78.56
Day's High
руб81.55
Day's Low
руб78.54
Volume
746,730
Avg. Vol
914,745
52-wk High
руб85.00
52-wk Low
руб43.50

Latest Key Developments (Source: Significant Developments)

Russia's TMK says "good chance" of Eurobond issue this year
Thursday, 18 May 2017 09:52am EDT 

May 18 (Reuters) - Russian pipemaker TMK ::Says there is a "good chance" we will be on Eurobond market this year;.Expects higher earnings before interest, taxation, depreciation and amortisation (EBITDA) in Q2..  Full Article

Russia's TMK says Q1 adjusted core earnings up 15 pct y/y
Thursday, 18 May 2017 02:00am EDT 

May 18 (Reuters) - Russian pipemaker TMK ::Q1 revenue at $944 million, up 24 percent y/y;.Q1 adjusted EBITDA at $142 million, up 15 percent y/y;.Q1 net profit at $42 million versus $14 million in the same period last year; .Company reiterates previous guidance for 2017 of broadly flat margins y/y, overall stronger financial results..  Full Article

Russia's TMK recommends final 2016 dividend of 1.96 rbls per share
Friday, 28 Apr 2017 09:58am EDT 

April 28 (Reuters) - TMK ::Board recommends final 2016 dividend of 1.96 roubles ($0.0344) per share..  Full Article

Russia's TMK says Q4 net profit jumps to $84 mln
Monday, 13 Mar 2017 03:51am EDT 

Russian pipemaker TMK says: Q4 net profit at $84 mln, up from $11 mln in Q3; . Q4 revenue up 10 pct q-o-q to $902 mln; . Q4 adjusted EBITDA up 11 pct q-o-q to $140 mln; . Anticipates stronger financial results for FY 2017 supported by an improved performance of the American division; . EBITDA margin expected to remain broadly in line with FY 2016. Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

TMK ords, Mechel prefs included into MICEX and RTS indices as of March 17
Wednesday, 1 Mar 2017 11:32am EST 

Moscow Exchange : Says has revised the constituent lists of the Moscow Exchange Indices effective from March 17 . TMK ords and Mechel prefs will be added to the MICEX Index and RTS Index . Bashneft and VSMPO-AVISMA Corporation ords will be removed .The constituent lists of the blue chip index will remain unchanged.  Full Article

Russia's TMK launches secondary share offering
Wednesday, 1 Feb 2017 12:16am EST 

TMK (Trubnaya Metallurgicheskaya Kompaniya) : Announces the launch of a fully-marketed secondary public offering of up to 138,888,888 existing ordinary shares of the company by its wholly owned subsidiary Rockarrow Investments Limited; . TMK shares to be offered in the price range of 74.5 roubles ($1.24) to market price, bookrunner says; . The offering represents around 13.44 percent of TMK shares. . Net proceeds from the offering will be used to purchase 138,888,888 ordinary shares of the company from VTB . .Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc and VTB Capital are acting as joint global coordinators and together with Aton LLC as joint bookrunners in connection with the offering..  Full Article

Russia's TMK launches secondary share offering
Tuesday, 31 Jan 2017 02:06pm EST 

TMK (Trubnaya Metallurgicheskaya Kompaniya) : Announces the launch of a fully-marketed secondary public offering of up to 138,888,888 existing ordinary shares of the company by its wholly owned subsidiary Rockarrow Investments Limited; . TMK shares to be offered in the price range of 74.5 roubles ($1.24) to market price, bookrunner says; . The offering represents around 13.44 percent of TMK shares. . Net proceeds from the offering will be used to purchase 138,888,888 ordinary shares of the company from VTB . .Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc and VTB Capital are acting as joint global coordinators and together with Aton LLC as joint bookrunners in connection with the offering..  Full Article

Russia's TMK sees U.S. unit EBITDA at $150 mln by 2020-2021
Monday, 29 Aug 2016 06:11am EDT 

Russia's TMK Vice President for Strategy Vladimir Shmatovich told reporters: Sees recovery of North America unit's EBITDA (earnings before interest, taxation, depreciation and amortisation) to $150 million by 2020-2021; . EBITDA of the North America unit may turn positive towards the end of 2016; . TMK plans to prepare development strategy of its North America unit in September, does not plan to leave the U.S. market; . TMK's North America unit's loss before interest, taxation, depreciation and amortisation was $54 million in the first half of 2016; . TMK, Russia's largest maker of steel pipes for the oil and gas industry, has been hit by weak pipe sales in the United States. (Reporting by Svetlana Burmistrova; writing by Polina Devitt; editing by Maria Kiselyova) ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters Messaging: polina.devitt.reuters.com@reuters.net)).  Full Article

Russia's TMK recommends H1 dividend of 1.94 rbls/share
Friday, 26 Aug 2016 02:47am EDT 

Russia's TMK says: Board recommends first half dividend of 1.94 roubles per share Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com;)).  Full Article

Russia's TMK needs to refinance $450 mln in 2016 - VP
Friday, 19 Aug 2016 09:00am EDT 

TMK vice president Vladimir Shmatovich told Reuters: TMK needs to refinance $450 million this year; . TMK started to supply Iran with pipes. Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com;)).  Full Article

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