Regulatory Filings • Dec 12, 2019
Regulatory Filings
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PJSC 'Novorossiysk Commercial Sea Port' (NCSP) 11-Dec-2019 / 14:00 MSK Dissemination of a RegulatoryAnnouncement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer / publisher is solely responsible for the content of this announcement.
NCSP Group's consolidated cargo turnover for 10months of 2019 totaled 121.2million tons
December 11, 2019
NCSP Group (LSE: NCSP, MOEX: NMTP) claims that the normalized cargo turnover of NCSP Group (takinginto account the sale of NGT LLC) for 10months of 2019 grew by 9.2% compared to the same period lastyear. (Normalized cargo turnover of NCSP Group for 2018 and 2019 - in volumes of transshipment does not take into account the grain cargo turnover through NGTLLC and Berth No. 3 from May 1, 2018, to December 31, 2018)
Growth of raw sugar transshipment volumes (growth by 3.2 4mes) against the background of recovery of cane raw material supplies to Asian CIScountries.
In January-October 2019, liquid cargo transshipments at NCSP Group's terminals grew by 16.1% or 13,490 thousand tons compared to the same period lastyear,and totaled 97,434 thousand tons.
The crude oil transshipment volume for 10 months of 2019 totaled 67,414 thousand tons. The increase totaled 22.8% (12,535 thousand tons), compared to the same period of 2018, which is higher than the results of the pace of the industry by 12.1 p.p. The volume of oil products transshipment increased by 3.3%, or 940 thousand tons, to 29,116 thousand tons.
In January-October 2019, the volume of transshipment of liquid fer4lizers (UAN) remained at the level of 2018. The turnover of seed oils grew by 19.1% or 46 thousand tonsand reached 289 thousand tons.
At its seed oil transshipment terminal (launched in November 2018), IPP LLC shipped 277 thousand tons of seed oils in January-October 2019.
In January-October 2019, the normalized turnover of bulk cargoes at NCSP Group's terminals (with the sale of NGT LLC taken into account) had a decrease of 11.3% or 1,002 thousand tonsy-o-yand totaled 7,874 thousand tons.
Iron ore raw materials turnovergrew by 25.3% or 510 thousand tons to 2,521 thousand tonsagainst the backdrop of high exportac4vity.
The volume of coal transshipment increased by 10% to 1,379 thousand tonsamid the recovery in demand in foreign markets.
The turnover of chemical productsgrew by 24.3% or 111 thousand tonsand amounted to 568 thousand tons.
Raw sugar turnover was up 3.2 4mes or 348 thousand tonsand reached 503 thousand tons.
The volume of grain transshipment and other ore cargoes decreased by 44.3% (2,092 thousand tons) and 1.5% (4 thousand tons), respec4vely.
In January-October 2019, general cargo transshipments at NCSP Group's terminals decreased by 13.3% or 1,647 thousand tons, totalling 10,779 thousand tons.
The volume of transshipment of ferrous metals and cast iron decreased by 1,538 thousand tons (-13.8%) to 9,627 thousand tons amid unfavorable external market condi4ons.
The volume of non-ferrous metals transshipment increased to 854 thousand tons (by 3.4%, or 28 thousand tons) amid favorable condi4ons of the aluminum market.
Timbercargo transshipments dropped by 4.3% or 11 thousand tons to 250 thousand tons.
Perishable cargoes turnoveramounted to 48 thousand tons.
In January-October 2019, container turnover through NCSP Group's berths amounted to 4,985 thousand tons, which is 3.4% less than the transshipment volume for the same period last year. The cargo turnover increased in the twenty-foot equivalent to 533 thousand TEU, by 17 thousand.TEU, or 3.4%.
In January-October 2019, transshipments of other cargoes at NCSP Group's terminals totaled 162 thousand tons, which is a 73.1%, or 440 thousand tons, decrease as compared to the same period of the previousyear.
| January-October | Change | |||
|---|---|---|---|---|
| 2019 | 2018 | thousand tons | % | |
| Cargo turnover, total | 121,235 111,009 | 10,226 | 9.2% | |
| Liquid cargo, total | 97,434 | 83,944 | 13,490 | 16.1% |
| Crude oil | 67,414 | 54,879 | 12,535 | 22.8% |
| Oil products | 29,116 | 28,176 | 940 | 3.3% |
| UAN | 615 | 646 | -31 | -4.8% |
| Seed oils | 289 | 243 | 46 | 19.1% |
| Bulkcargo, total | 7,874 | 8,877 | -1,002 | -11.3% |
| Grain | 2,628 | 4,720 | -2,092 | -44.3% |
| Chemical cargo | 568 | 457 | 111 | 24.3% |
| Sugar | 503 | 155 | 348 | 224.2% |
| Iron ore raw materials | 2,521 | 2,011 | 510 | 25.3% |
| Other ore cargo | 276 | 280 | -4 | -1.5% |
| Coal | 1,379 | 1,254 | 125 | 10.0% |
| General cargo, total | 10,779 | 12,426 | -1,647 | -13.3% |
| Ferrous metalsand cast iron | 9,627 | 11,165 | -1,538 | -13.8% |
| Timber | 250 | 262 | -11 | -4.3% |
| Timber (thousand cubic meters) | 455 | 476 | -20 | -4.3% |
| Non-ferrous metals | 854 | 826 | 28 | 3.4% |
| Perishable cargo | 48 | 173 | -126 | -72.5% |
| Containers | 4,985 | 5,160 | -175 | -3.4% |
| Containers | 4,985 | 5,160 | -175 | -3.4% |
| Containers (thousand TEU) | 533 | 515 | 17 | 3.4% |
| Other | 162 | 602 | -440 | -73.1% |
NCSP Group is the largest port operator in Russia by cargo turnover. Its controllingshareholder (62%) is PJSC Transne@. NCSP Group is traded on Moscow Exchange (NMTP) and London StockExchange asglobal depositary receipts (NCSP). NCSP Group's consolidated cargo turnover for HY 2019 totaled 71.75million tons.The Group's consolidated revenue as per IFRStotaled USD 951million in 2018. NCSP Group is comprised of PJSC Novorossiysk Commercial Sea Port, PrimorskTrade Port LLC, JSC NovorossiyskShip RepairYard, JSC NCSP Fleet, JSC NLE, IPP LLC, NCSLLC, Bal4c Stevedore Company LLC,and SFP LLC.
For press:[email protected]
ISIN: US67011U2087 Category Code:MSCM TIDM: NCSP LEICode: LEIA0010014976 Sequence No.: 34711 EQS News ID: 933421
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