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NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 35% yoy to $3.6 bn in 2018. EBITDA margin hit a decade high at 30%. Free cash flow grew by 60% to $2.0 bn.
12M 2018 key highlights
Group revenue in 12M 2018 totalled $12.0 bn (+20% yoy), driven by the growth of average sales prices and higher sales volumes.
EBITDA grew to $3.6 bn (+35% yoy), driven by higher revenue and operational efficiency gains in 2018.
Free cash flow increased by 60% yoy to ...