Russia's Novolipetsk Steel to release US GAAP results for H1 on Aug 28
MOSCOW. Aug 21 (Interfax) - Russia's Novolipetsk Steel will release its US GAAP financial results for the first half of 2009 on August 28, the company said in a statement.
Interfax will release a consensus forecast of the company's results based on a poll of investment bank analysts on August 27.
The NLMK group includes the core production facility Novolipetsk Steel , Denmark's DanSteel A/S, iron ore producer Stoilensky Mining and Processing , coke producer Altai-Koks, transformer steel producer VIZ-Stal and steel mini-mill developer Maxi Group.
Vladimir Lisin, NLMK's board chairman, controls an 84.6% stake in the company via Fletcher Group Holdings and LKB-Invest, while management owns a 2.5% stake.