Economy 2024-05-15T04:04:31+03:00
Ukrainian news
Quotations of Ferrexpo shares stable at GBP 0.473 per share April 15-19, after 10-week fall

Quotations of Ferrexpo shares stable at GBP 0.473 per share April 15-19, after 10-week fall

Ferrexpo, London Stock Exchange, Ferrexpo plc, shares of Ferrexpo, Ferrexpo shares, quotations of Ferrexpo shares, Ferrexpo share quotations
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In the period of April 15-19, the quotations of shares of Ferrexpo plc (United Kingdom), which controls Poltava Mining and Yeristovo Mining (both located in Horishni Plavni, Poltava Region), at the London Stock Exchange remained at GBP 0.473 per share, after falling for ten weeks in a row.

That follows from the data posted at the London Stock Exchange, Ukrainian News Agency reports.

According to the report, on April 15, the shares of the company were quoted at the level of GBP 0.473 per share; on April 16, they decreased to GBP 0.442 per share; but on April 17, they rose to GBP 0.463 per share.

On April 18, the share quotations increased to GBP 0.466 per share; and on April 19, they further rose to GBP 0.473 per share.

The transactions were being conducted throughout the week.

Since the start of the year, the company's share quotations have decreased by 47.6% (compared to the level of quotations on December 29, 2023 - GBP 0.903).

As Ukrainian News Agency earlier reported, in the period of April 8-12, the quotations of shares of Ferrexpo plc at the London Stock Exchange decreased by 1.5% or GBP 0.007 per share to GBP 0.456 per share, falling for the ninth week in a row.

In the period of December 31, 2022 - December 31, 2023, the quotations of shares of Ferrexpo plc at the London Stock Exchange fell by 42.6% or GBP 0.669 per share to GBP 0.903 per share.

In 2023, Ferrexpo plc incurred a loss of USD 85 million, while the company ended 2022 with a profit of USD 220 million.

In 2023, Ferrexpo reduced revenues by 47.8%, or USD 596 million, to USD 652 million.

In 2023, compared to 2022, the company reduced EBITDA (Earnings before Taxes, Interest, and Depreciation) 5.9 times, or by USD 635 million, to USD 130 million, and capital investment by 31% to USD 101 million.

Kostiantyn Zhevaho is the majority shareholder of Ferrexpo.



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