Ferrexpo PLC Ferrexpo 2019 Final Dividend (3632K)
21 4월 2020 - 7:50PM
UK Regulatory
TIDMFXPO
RNS Number : 3632K
Ferrexpo PLC
21 April 2020
21 April 2020
FERREXPO PLC
("Ferrexpo", "the Company" or the "Group")
Ferrexpo 2019 Final Dividend
Since the announcement of the Group's 2019 full year results on
18 March 2020, where the Directors deferred their decision
regarding a final dividend for the year, the Group has continued to
perform well and in line with its expectations. Pellet production
in 1Q 2020 was up 7% compared to 1Q 2019 (see 1Q 2020 production
report announced on 7 April 2020), while sales tonnages have been
successfully re-allocated within the Group's customer portfolio to
markets less affected by the Covid-19 virus. Costs are benefitting
from lower oil and energy prices and the Group has continued to
maintain a strong balance sheet and low debt levels with net debt
further reducing since 31 December 2019.
As a result, the Directors are pleased to announce a final
special dividend for the 2019 financial year-end of 3.3 US cents
per share (2018 final special: 6.6 US cents per share) and a final
ordinary dividend for the year of 3.3 US cents per share (2018
final ordinary: 6.6 US cents per share). The final special dividend
will be paid on 14 May 2020 to shareholders on the register at the
close of business on 1 May 2020. If the final ordinary dividend is
approved by shareholders at the Company's AGM on 28 May 2020,
payment will be made on 2 July 2020 to those on the register at the
close of business on 5 June 2020. Dividends will be paid in UK
Pounds Sterling, with an election to receive in US Dollars.
Steve Lucas, Non-Executive Chairman, said:
"Since the announcement of our full year results on 18 March,
the Group has continued to trade well despite current
macro-economic difficulties. This has primarily been achieved by
redirecting sales to Asia while our costs have also fallen. As a
result, the Board feels it is appropriate to declare a final
special and ordinary dividend for 2019."
For further information, contact:
Ferrexpo:
Ingrid McMahon +44 207 389 8304
Maitland:
James Isola +44 207 379 5151
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It has been mining, processing and selling high quality
iron ore pellets to the global steel industry for 40 years. In
2019, the Group produced 10.5 million tonnes of pellets ranking it
as the 3rd largest exporter of pellets to the global steel industry
with a market share of approximately 8%. Ferrexpo has a diversified
customer base supplying steel mills in Austria, Germany, Japan,
South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey,
Vietnam and America. Ferrexpo has a premium listing on the main
market of the London Stock Exchange. For further information,
please visit www.ferrexpo.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DIVUASRRRBUSUAR
(END) Dow Jones Newswires
April 21, 2020 06:50 ET (10:50 GMT)
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024