- Summary
-
- Country:
- Ukraine
- Sector:
- Basic Materials | Iron & Steel
AVDK 12M Target: n/a Not Rated - Analyst:
-
Eugen Dubogryz
edubogryz@bgcap.ge
+38 044 498 8401
Ownership structure Metinvest 90.94% Illich Group 3.90% Other 5.16% -
Business overview:
Metinvest-owned Avdiyivka is Europe’s largest coke maker, boasting an annual capacity of 5.8mmt of coke. The plant accounted for 20% and 16% of total Ukrainian output in 2008 and 2009, respectively, but equipment is outdated and requires modernization. In 2009, Avdiyivka operated only 50% of total production facilities. The plant owns a 99.9% stake in Krasnodon Coal Mining Company, which covers up to 70% of coking coal supplies, while the remaining is supplied by Metinvest mines in Ukraine and the US, and from third-party Russian mines. Avdiyivka’s main customers are steel mills Azovstal, Enakievo (both Metinvest-owned), and MMK Illicha Steel.
Recent news:
07.09.10
Avdiyivka Coke to increase output 14% m/m in September03.08.10
UX surges on upbeat external sentimentRecent research:
22.06.10
Avdiyivka Coke. MMK unlocks capacity23.02.10
Avdiyivka Coke. Bargain-priced cokeStock Price History
Stocks
Common shares: AVDK UK Price: 15.63 1M change, %: +9.53 DRs: n/a MCap, mn: 3048.8 6M change, %: +1.49 Default currency: UAH FF, %: 5.16% 12M change, %: +91.19 Number of shares, mn: 195 FF MCap, mn: 157.3 Monthly turnover, '000: 1.52e+8 Common shs per 1 DR: n/a Net Debt, mn: n/a 6M Hi/Low: 17.63/11.55 Par value: n/a EV, mn: n/a 12M Hi/Low: 17.63/8.18 Eurobonds
Name Isin Coupon, % Maturity Mty/Ref type Price YTM, % Notes
Price, Hi/Low prices are displayed in selected currency units
MCap, EV, Net Debt - in millions of currency units
FF - % of shares in free float
FF MCap - value of shares in free float in millions of currency units
1M, 6M, 12M changes represent percentage chage of last traded price in selected currency over the respective period
Monthly turnover - in thousands of currency units
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