Nikopol Ferroalloy Posts Disappointing FY05 Results.
23 May 2008
Nikopol Ferroalloy (NFER: U/R) turned in a lacklustre performance in 2005 (net losses of USD 3.7 mln) after posting net margins of 1.4% and 3.2% in 2003 and 2004 respectively. At the same time, revenues were USD 488.5 mln, 1.8% above our expectations.
