Metinvest BV 2017 AR2
The report outlines Metinvest Group's operational and financial performance for the fiscal year 2017, marking its entry into its second decade. Despite facing challenges such as the loss of control over certain assets in Eastern Ukraine, the company adjusted its operating model, approved its Technological Strategy 2030, and achieved a 44% year-on-year increase in revenues to US$8,931 million. In addition, Metinvest increased its capital expenditure by 45% to US$542 million, focusing on modernization, environmental footprint reduction, and safety improvements. The group also successfully completed a landmark US$2,271 million debt refinancing in early 2018, significantly improving its liquidity and financial flexibility.
Company: Metinvest BV
Country: Netherlands
Year: 2017
Type: AR2
Pages: 120
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Metinvest BV
Annual Report And Accounts
The report outlines Metinvest Group's operational and financial performance for the fiscal year 2017, marking its entry into its second decade. Despite facing challenges such as the loss of control over certain assets in Eastern Ukraine, the company adjusted its operating model, approved its Technological Strategy 2030, and achieved a 44% year-on-year increase in revenues to US$8,931 million. In addition, Metinvest increased its capital expenditure by 45% to US$542 million, focusing on modernization, environmental footprint reduction, and safety improvements. The group also successfully completed a landmark US$2,271 million debt refinancing in early 2018, significantly improving its liquidity and financial flexibility.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees