Investor relations

Financial and Operational Results

  Unit 2017 2018 2019 2020 2021
Steel production thousand tons 617 850 973 855 759
Railway product production thousand tons 112 175 187 208 191
Pipe production thousand tons 445 587 677 587 464
Revenue million US dollars 507 806 1,074 1,122 865
EBITDA* million US dollars 46 120 158 259 273
EBITDA margin % 9% 15% 15% 23% 32%
Capex** million US dollars 38 43 44 60 44
Free cash flow*** million US dollars 8 41 66 133 121

 

* - EBITDA is calculated as operating profit or (loss) plus depreciation and amortisation charge, plus impairment of property, plant, equipment and intangible asset, plus loss / (gain) on disposal of property, plant and equipment, plus foreign exchange cash flow hedges effect, plus extraordinary losses / (gains) and plus operating foreign exchange gain/(loss).

** - Capex figure represents line Purchases of property, plant and equipment and intangible assets as part of net cash flow from investing activities

*** - Free Cash Flow is calculated as net cash flow from operating activities less net cash flow from investing activities

Credit Ratings

 

Rating

Outlook

Date

File

Fitch Ratings

B

Stable 11/11/2020 F
 

B

Stable 11/05/2021 F

 

Fitch Ratings

Rating

B

B

Outlook

Stable

Stable

Date

11/11/2020

11/05/2021

File

F

F

 

 

Rating

Outlook

Date

File

S&P Global

B

Stable 12/11/2020 F
 

B

Stable 26/04/2021 F

 

S&P Global

Rating

B

B

Outlook

Stable

Stable

Date

12/11/2020

26/04/2021

File

F

F

 

Contacts

ir@interpipe.cy

+380 44 233 68 21

Andrii Okolnych, Head of Investor Relations

 

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