Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €10.50 EUR
Change Today +0.35 / 3.45%
Volume 245.0
RTS2 On Other Exchanges
Symbol
Exchange
OTC US
London
OTC US
Frankfurt
As of 2:23 AM 05/7/15 All times are local (Market data is delayed by at least 15 minutes).

severstal - gdr reg s (RTS2) Snapshot

Open
€9.63
Previous Close
€10.15
Day High
€10.50
Day Low
€9.63
52 Week High
04/10/15 - €11.45
52 Week Low
05/7/14 - €4.57
Market Cap
8.8B
Average Volume 10 Days
158.5
EPS TTM
--
Shares Outstanding
837.7M
EX-Date
06/4/15
P/E TM
--
Dividend
€0.99
Dividend Yield
9.89%
Current Stock Chart for SEVERSTAL - GDR REG S (RTS2)

Related News

No related news articles were found.

severstal - gdr reg s (RTS2) Related Businessweek News

No Related Businessweek News Found

severstal - gdr reg s (RTS2) Details

PAO Severstal operates as an integrated steel and steel related mining company worldwide. It operates through Severstal Resources, Severstal Russian Steel, and Severstal International divisions. The Severstal Resources division mines iron ore and coking coal in the Russian Federation, and operates a coking coal complex in the United States. The Severstal Russian Steel division produces hot and cold-rolled flat and long steel products, and galvanized and color-coated steel products for construction, automotive, machinery, and electrical industries; and steel sections and automotive systems, as well as manufactures and repairs energy equipment. This division also offers diameter pipes from plate electric-welded pipes, and low-carbon and high-carbon wire rods, nails, cold-drawn steel, steel ropes, and netting and fastenings; as well as provides construction and equipment assembly services. The Severstal International division operates integrated iron and steel mills, as well as a mini-mill that produces steel products for the automotive, appliance, construction, container, pipe and tubing, distribution, converter and service centre industries. This division also offers steel solutions, such as ceiling grids, grain systems, HVAC equipment, machinery, metal buildings, and water heaters. The company was formerly known as Open Joint-Stock Company Severstal and changed its name to PAO Severstal in December 2014. PAO Severstal was founded in 1955 and is based in Cherepovets, the Russian Federation.

Founded in 1955

severstal - gdr reg s (RTS2) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

severstal - gdr reg s (RTS2) Key Developments

PAO Severstal Announces Management Changes

PAO Severstal announced its plans for the change of Chairman and CEO. Alexey Mordashov intends to step down as CEO of Severstal Management and to be elected as Chairman of the Board of Directors of Severstal. Vadim Larin, currently COO of Severstal Management, is expected to become new CEO of Severstal Management. The position of COO will no longer exist. These appointments are due to take effect on 26 May 2015. The announcement follows Severstal's update on 5 March 2015 which stated that, in line with the company's focus on ensuring leading standards of corporate governance, the Company's shareholders are proposing the election at the Annual General Meeting of Shareholders on 25 May 2015 of three new Independent Non-Executive Directors to Severstal's Board: Alexander Auzan, Sakari Tamminen and Vladimir Mau. These appointments coincide with the retirements of Christopher Clark, Independent Non-Executive Chairman, Martin Angle, Independent Non-Executive Director, and Rolf Stomberg, Independent Non-Executive Director, each of whom have served on the Company's Board for almost nine years since Severstal's IPO on the London Stock Exchange in 2006. The company also announced that Sakari Tamminen, pending election as an Independent Non-Executive Director at the AGM, is expected for election to the position of Senior Independent Director. Mr. Tamminen is expected for election as Chairman of the Remuneration and Nomination Committee. Alun Bowen, Independent Non-Executive Director, is expected for election as Chairman of the Audit Committee. Philip Dayer, Independent Non-Executive Director, is expected for election as Chairman of the Health, Safety and Environment Committee. Severstal's Board will remain 10 persons with 5 of them being Independent Non-Executive Directors.

PAO Severstal Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

PAO Severstal announced consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the consolidated revenue was $1,531 million compared to $1,991 million a year ago. EBITDA was $590 million compared to $459 million a year ago. Profit from operations was $502 million compared to $310 million a year ago. Free cash flow was $209 million compared to $256 million a year ago. Net profit was $343 million or $0.42 per basic share compared to net loss of $100 million or $0.12 loss per basic share a year ago. Group revenue decreased 23.1% year on year primarily impacted by lower realized prices, which has been partially mitigated by significant increases in sales volumes at Russian Steel. Group EBITDA increased 28.5% year on year driven by Russian Steel's operational enhancements, lower input costs and RUB devaluation, more than offsetting lower deliveries at Resources. Capex was $103 million compared to $251 million a year ago. Free cash flow was $209 million compared to $256 million a year ago.

Severstal Russian Steel Announces Earnings and Operating Results for the First Quarter Ended March 31, 2015

Severstal Russian Steel announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company revenue was $1,396 million compared to $1,729 million a year ago. EBITDA was $476 million compared to $265 million a year ago. Severstal Russian Steel increased its steel output in the first quarter of 2015, 2% to 2.96 million tonnes with all its rolling facilities at Cherepovets Steel Mill running at almost full capacity. However, steel products sales decreased 4% quarter on quarter to 2.56 million tonnes.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RTS2:GR €10.50 EUR +0.35

RTS2 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Evraz PLC 205.40 GBp -0.30
Fortescue Metals Group Ltd A$2.58 AUD 0.00
Mechel 63.70 RUB -0.95
Novolipetsk Steel OJSC 67.16 RUB -0.60
Magnitogorsk Iron & Steel Works OJSC 14.61 RUB -0.065
View Industry Companies
 

Industry Analysis

RTS2

Industry Average

Valuation RTS2 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 3.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SEVERSTAL - GDR REG S, please visit www.severstal.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.