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Nikopol Ferroalloy Posts Disappointing FY05 Results.

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.

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