Award for Best Financial Disclosure to Evraz (9529E)
April 14 2011 - 10:38AM
UK Regulatory
TIDMEVR
RNS Number : 9529E
Evraz Group S.A.
14 April 2011
EVRAZ Receives Awards for Best Financial Disclosure
and Best Progress in Europe
14 April 2011 - Evraz Group S.A. (LSE: EVR) ("EVRAZ") is pleased
to announce that it has been named the best European company in the
Best Financial Disclosure category in the 2011 IR Global Rankings
(IRGR) survey. During the award ceremony in London held earlier
today, Evraz has received also an award for the Best Progress in
Financial Disclosure.
It is the first time when the top award in the Best Financial
Disclosure was presented to a company headquartered in Russia.
Second to fifth places in this nomination were awarded to Telekom
Austria, EDP Energias de Portugal, BASF and Turkcell.
The analysis conducted by IRGR is based on the quality of the
information provided on each participant's latest financial
material, mainly financial reports, earnings releases and interim
reports, within the following categories: Operating Information,
Income Statement, Balance Sheet, Cash Flow, Guidance, Conference
Calls & Presentations, and Exemplary Disclosure. Once the
technical evaluation has been completed, an independent technical
committee oversees and reviews IRGR's findings and final rankings
to ensure the independence of such analysis.
"We are very pleased with the recognition of our efforts to
increase transparency, and we remain committed to continuous
improvement of our financial disclosure and investor relations
standards", commented Giacomo Baizini, Vice President Corporate
Affairs and CFO of EVRAZ. "We are proud that we have been
recognised the best among European companies, well known for best
practices in financial disclosure and investor relations."
For more information please see
http://www.irglobalrankings.com
###
For further information:
Media contact: Oleg Kuzmin VP, Corporate Communications +7 495
937 6871 media@evraz.com
Investor contact: Alexander Boreyko Director, Investor Relations
+7 495 232 1370
ir@evraz.com
The IR Global Rankings ("IRGR") is the most comprehensive
ranking system for investor relations websites, online annual
report, corporate governance practices and financial disclosure
procedures. The ranking is based on extensive technical proprietary
research of publicly traded companies through a clear and
transparent methodology and is supported by key global institutions
such as Arnold & Porter; KPMG; MZ and Sodali.
Evraz Group S.A. (EVRAZ) is a vertically-integrated steel,
mining and vanadium business with operations in the Russian
Federation, Ukraine, USA, Canada, Czech Republic, Italy and South
Africa. The Company was ranked the 14(th) largest steel producer in
the world based on crude steel production of 15.3 million tonnes in
2009. In 2010, the Company produced 16.3 million tonnes of crude
steel and sold 15.5 million tonnes of steel rolled products.
EVRAZ's internal consumption of iron ore and coking coal is covered
by its mining operations. EVRAZ's consolidated revenues for the
year ended 31 December 2010 were US$13,394 million and consolidated
adjusted EBITDA amounted to US$2,350 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCIIMATMBJBBAB
Evraz (LSE:EVR)
Historical Stock Chart
From Sep 2024 to Oct 2024
Evraz (LSE:EVR)
Historical Stock Chart
From Oct 2023 to Oct 2024