Novorossiysk Commercial Sea Port stocks included into RTS Index
Novorossiysk Commercial Sea Port (LSE: NCSP, RTS: NMTP, MICEX: NMTP) (NCSP) announces inclusion of its stocks into the RTS Index calculation by the Information committee of the Russian Trading System stock exchange. Thus, changes in stock listings of only two Russian companies, including NCSP, shall be taken into account in forming the RTSI of the transport sector.
The Russian Trading System stock exchange comments that decision to include NCSP stocks in RTSI listings was based on the top-most indicators of liquidity and capitalization of the stocks, calculated with account of the share of NCSP stocks in free float.
NCSP
Novorossiysk Commercial Sea Port (NCSP) is Russia's largest sea port operator by cargo turnover, according to Association of Sea Ports. NCSP`s total cargo turnover in 2007 amounted to 79,4 mln. tons, according to consolidated results. NCSP is listed on London Stock Exchange and Russian stock exchanges RTS and MICEX. In 2007 NCSP had revenues of $483,4 mln. with EBITDA of $227,9 mln. and net profit of $93,7 mln. (consolidated results).
NCSP is the largest stevedore company of port Novorossiysk, a multi-purpose deep-water port complex located on the Black Sea, which provides year-round navigation. The port is a key Southern gateway for import and export of a wide range of cargoes (including oil, oil products, timber, grain, fertilizers, ferrous metals, containers, automobiles and general cargo). In 2007 NCSP has transshipped about 96% of all port Novorossiysk cargo.
NCSP owns the following stevedore companies: NZT Grain Terminal, NSRZ Ship Repair Yard, NCSP Fleet, NLE Timber & Container Terminal, IPP, Baltic Stevedore Co.
For further information:
Tel.: + 7 (495) 783-5434