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.
NLMK Group has sold 100% of its stake in NLMK Accounting Centre to Fletcher Group Holdings Limited for a total of 23.9 million rubles.
NLMK Group will establish personalized scholarships for the best students of MISIS National University of Science and Technology, and grow the number of on-the-job trainees from the University at its sites.