Ferrexpo PLC 2014 AR2
The report highlights Ferrexpo plc's operational and financial performance for the fiscal year 2014, during which the company achieved a record pellet production of 11.0 million tonnes, representing a 2% increase compared to 2013. Despite a 47% decline in benchmark iron ore prices, the company maintained a strong EBITDA of US$496 million, supported by local currency devaluation, improved pellet premiums, and lower freight costs. In terms of sustainability, Ferrexpo increased its community support donations to US$39 million and achieved a reduction in its lost-time injury frequency rate to 0.47 for mining operations. However, the company regrettably reported three workplace fatalities during the year. Additionally, the company completed its major modernization and quality upgrade program, enabling a higher output of premium 65% Fe pellets.
Company: Ferrexpo PLC
Sector: Mining & quarrying
Country: Switzerland
Year: 2014
Type: AR2
Pages: 155
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Ferrexpo PLC
Annual Report And Accounts
The report highlights Ferrexpo plc's operational and financial performance for the fiscal year 2014, during which the company achieved a record pellet production of 11.0 million tonnes, representing a 2% increase compared to 2013. Despite a 47% decline in benchmark iron ore prices, the company maintained a strong EBITDA of US$496 million, supported by local currency devaluation, improved pellet premiums, and lower freight costs. In terms of sustainability, Ferrexpo increased its community support donations to US$39 million and achieved a reduction in its lost-time injury frequency rate to 0.47 for mining operations. However, the company regrettably reported three workplace fatalities during the year. Additionally, the company completed its major modernization and quality upgrade program, enabling a higher output of premium 65% Fe pellets.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees