REG - PJSC Novorossiysk - Trading Statement <Origin Href="QuoteRef">NMTP.MM</Origin>

Novorossiyskiy morskoy torgovyi port PAOAnnouncement

19/08/2016 12:44

RNS Number : 2662H
PJSC Novorossiysk Comm. Sea Port
16 August 2016
Press-release
NCSP Volumes Total 86 mln tons for 7M 2016 Up 6% y-on-y
16.08.2016
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that its consolidated cargo turnover for the first seven months of 2016 increased by 4792 thousand tons or 5.9% y-on-y reaching 86 101 thousand tons.
Liquid cargo volumes grew by 3618 thousand tons or 5.7% y-on-y combined, and reached 67259 thousand tons. While crude oil volumes standalone increased by 3523 thousand tons or 8.0% y-on-y and totaled 47602 thousand tons, due to growth at Primorsk port.
Bulk cargo volumes increased by 341 thousand tons or 5.4% y-on-y combined and comprised 6633 thousand tons. Grain volumes reduced 9.4% y-on-y, while exporters delay shipments due to low foreign market prices, and comprised 2815 thousand tons. Iron ore volumes grew by 707 thousand tons or 66.3% y-on-y, and reached 1772 thousand tons. Coal volumes grew by 193thousand tons reaching 980 thousand tons, while growth rate doubled versus H1 2016 and reached 24.5% y-on-y.
General cargo volumes increased by 715 thousand tons or 8.6% y-on-y combined and reached 9071 thousand tons. Transshipment of ferrous metals and pig iron grew by 898 thousand tons or 12.8% y-on-y and totaled 7933 thousand tons.
Container traffic totaled 3138 thousand tons or 286 thousand TEU, up 3.9% and 1.5% y-on-y respectively.
NCSP Group Cargo Turnover for January-July 2016 in thousand tons
7M 2016
7M 2015
Change
Change %
Cargo turnover, total
86 101
81 309
4 792
5.9%
Liquid cargo, total
67 259
63 641
3 618
5.7%
Crude oil
47 602
44 080
3 523
8.0%
Oil products
19 150
19 033
117
0.6%
UAN
372
374
-2
-0.5%
Seed oils
134
154
-19
-12.5%
Bulk cargo, total
6 633
6 293
341
5.4%
Grain
2 815
3 109
-294
-9.4%
Chemical cargo*
583
654
-71
-10.8%
Sugar
482
677
-195
-28.8%
Iron ore and ore concentrate
1 772
1 066
707
66.3%
Coal
980
787
193
24.5%
General cargo, total
9 071
8 356
715
8.6%
Ferrous metals 
7 933
7 035
898
12.8%
Timber
294
387
-93
-24.1%
 Timber (thousand cubic meters)
532
704
-172
-24.4%
Non-ferrous metals
663
699
-37
-5.2%
Perishable cargo
32
123
-91
-74.4%
Other
151
113
38
33.8%
Containers
3 138
3 020
118
3.9%
 Containers (thousand TEU)
286
282
4
1.5%
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in Europe by cargo turnover in 2015. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2015 totaled 139.7 million tons. Consolidated revenue to IFRS in 2015 totaled $877 million and EBITDA $657 million. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
Contacts
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com

This information is provided by RNS
The company news service from the London Stock Exchange
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