Summa Group News 2015 - June PT1

Summa Group 2015
Summa Group News
All the latest news from the Summa Group
June 2015 – Part 1
FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY

Summa Group 2015 – June – PT1
FESCO TO ANNOUNCE 2015 FIRST QUARTER RESULTS
Summa Group subsidiary, FESCO (Far East Shipping Company) has announced their operational
and financial results as of May 29 th , 2015. The company’s first quarter results were revealed in a
conference call at 5pm Moscow time (3pm London time, 10am New York time). FESCO’s
tranportation group announced its results for the 3 month period of January to March 2015.
Representatives for FESCO during the call included:
• Konstantin Sokolov – President and CEO
• Victor Belyakov – Vice President and CFO
• Galina Shilina – IR Director
The FESCO Consolidated Financial Statement for the first quarter was made available on the
morning of the 29 th of May 2015 via the company’s website. Institutional investors and sell-side
research analysts are invited to visit the website for the FESCO consolidated financial statements.
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY

Summa Group 2015 – June – PT1
NCSP’S NET PROFIT REACHES $71 MILLION DOLLARS
The NCSP, part of the Summa Group, has announced its financial results for the January to March
2015 first quarter. A conference call was made at 3pm Moscow time (1pm GMT and 8am New York
time) to investors and analysts. Media were invited to participate in a ‘listen-only’ capacity.
The NCSP group’s revenue for the first three months of 2015 totalled $219.8 million, decreasing by
35.6 million ($255.4 million) in comparison to the first quarter of 2014. However, the net profit
increased by $71 million compared to a $32.2 million loss at the same time in 2014.
Sultan Batov, CEO of PJSC NCSP, commented on the group’s 2015 first quarter results by stating:
“Among many factors which played a part in forming our Q1 financial results I wish to underscore
these: Through operative management of cargo flows we earned an extra $7.1 million of stevedoring
revenue. The timely adjustment of the Novorossiysk Grain Terminal ruble tariff to, and the increase
of PTP crude tariff from, 79 to 99 rubles per ton from the beginning of 2015, enabled us to offset
some of the negative effects of exchange rate fluctuations and to improve profitability of operations.”
NCSP will continue to strive for business and financial excellence in the second quarter of 2015.
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY

Summa Group 2015 – June – PT1
NCSP’S NET PROFIT REACHES $71 MILLION DOLLARS
The NCSP Group is formed from the following stevedoring companies:
• PJSC Novorossiysk Commercial Sea Port
• Primorsk Trade Port, LLC (since 2011)
• PJSC Novorossiysk Grain Terminal
• OJSC Novorossiysk Shipyard
• PJSC Fleet of NCSP
• OJSC NLE
• OJSC IPP
• The Baltic Stevedoring Company, Ltd.
The Novorossiysk Commercial Sea Port is the third largest cargo turn over location in Europe and the
largest sea port operator within Russia.
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY

Summa Group 2015 – June – PT1
ABOUT THE SUMMA GROUP
Summa Group specialises and invests in port logistics,
engineering, construction, oil and gas sectors as well as
telecommunications. Summa Group is a diversified
private holding that comprises of more then 10 000
people in 40 regions of Russia and abroad.
Mr Ziyavudin Magomedov is the founder and
shareholder of the Summa Group, which celebrated its
10 year anniversary in 2014.
FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY