Announcement • Apr 01
Ferrexpo plc to Report Fiscal Year 2025 Results on Apr 30, 2026 Ferrexpo plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Apr 30, 2026 Announcement • Mar 11
Ferrexpo plc Announces Update on Operations in Ukraine Ferrexpo plc announced that following the temporary suspension of operations announced on 20 January 2026, improvements in the availability and price of domestic and imported electricity supply has permitted the restart of production at FPM. At the present time, one pellet line is in operation. The Group is using its own fleet of rail wagons to export to customers in Eastern and Central Europe. Announcement • Jan 21
Ferrexpo plc Announces Update on Operations in Ukraine Ferrexpo plc advises that, further to the previous announcement on 8 November 2025, there have been further attacks on Ukrainian electricity generation and transmission infrastructure, and the supply of power to the Company's operations has once again been affected. Until the supply of electricity can be assured on a sustainable basis in the volumes required, it has been decided to temporarily suspend operations and place a part of the workforce on furlough. There have been no reports of workforce fatalities or injuries and there has been no damage to Ferrexpo's operating assets. An update will be provided as and when appropriate. Announcement • Apr 12
Ferrexpo plc Auditor Raises 'Going Concern' Doubt Ferrexpo plc filed its Annual on Apr 10, 2025 for the period ending Dec 31, 2024. In this report its auditor, MacIntyre Hudson, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Announcement • Mar 20
Ferrexpo plc, Annual General Meeting, May 22, 2025 Ferrexpo plc, Annual General Meeting, May 22, 2025. Announcement • Jan 13
Ferrexpo plc Announces Board and Committee Changes Ferrexpo plc announced that, due to personal reasons, Non-executive Director Natalie Polischuk has resigned from the Board of Ferrexpo with immediate effect. Natalie was Chair of the Health, Safety, Environment and Communities Committee, a member of the Audit Committee and a member of the Committee of Independent Directors. On an interim basis, Fiona MacAulay, Senior Independent Non-executive Director has been appointed a member of the Audit Committee and appointed as a member of and will Chair the HSEC Committee. Following Natalie's resignation the Board continues to have a majority of independent Non-executive Directors. As previously announced, the Company has an ongoing process to search for a new independent Non-executive Director and as part of this search the Company will also take into account ethnic and gender diversity on the Board. Announcement • Apr 30
Ferrexpo plc to Report Fiscal Year 2023 Results on Apr 29, 2024 Ferrexpo plc announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Apr 18
Full year 2023 earnings released: US$0.14 loss per share (vs US$0.37 profit in FY 2022) Full year 2023 results: US$0.14 loss per share (down from US$0.37 profit in FY 2022). Revenue: US$651.8m (down 48% from FY 2022). Net loss: US$84.8m (down 139% from profit in FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance. Announcement • Apr 11
Ferrexpo plc Appoints Stuart Brown as Non-Executive Chairman Ferrexpo plc announced that Stuart Brown has been appointed as a Non-executive Chairman of Lucapa Diamond Company Limited, listed on the Australian Stock Exchange, with effect from 8 April 2024. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Jan 18
Ferrexpo plc Announces an Interim Dividend, Payable on 23 February 2024 Ferrexpo plc announced an interim dividend of 3.3 US cents. The interim dividend announced will be paid on 23 February 2024 to shareholders on the register at the close of business on 26 January 2024. It will be paid in UK Pounds Sterling, with an election to receive in US Dollars. Announcement • Nov 01
Ferrexpo plc, Annual General Meeting, May 23, 2024 Ferrexpo plc, Annual General Meeting, May 23, 2024. Announcement • Oct 24
Ferrexpo plc Announces Board Changes Ferrexpo plc announced the appointment of Stuart Brown as an Independent Non-executive Director to the Ferrexpo Board of Directors with effect from 22 October 2023. Mr. Brown is a seasoned mining executive with extensive board level experience. He previously held both CFO and CEO roles at De Beers and its various subsidiaries, where he played a central role in reshaping the group and positioning it for the future. Most recently, Mr. Brown served as President and CEO at Mountain Province Diamonds Inc., a company listed on the Toronto Stock Exchange, and as CEO of Firestone Diamonds Plc, formerly listed on the AIM of the London Stock Exchange where he established a track record of building teams and leading business transformation to develop lean, agile, high performing organisations. The Company also advises that Mr. Graeme Dacomb will retire from the Board at the end of this year. Mr. Dacomb is currently Chair of the Audit Committee, a position that Mr. Brown will assume from 1 January 2024, ensuring the necessary time for an orderly handover. Mr. Brown is also appointed as a member of the Audit Committee with effect from his appointment to the Board. Announcement • Oct 05
Ferrexpo plc to Report Fiscal Year 2023 Results on Jan 11, 2024 Ferrexpo plc announced that they will report fiscal year 2023 results on Jan 11, 2024 New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 03
First half 2023 earnings released: EPS: US$0.046 (vs US$0.14 in 1H 2022) First half 2023 results: EPS: US$0.046 (down from US$0.14 in 1H 2022). Revenue: US$334.0m (down 64% from 1H 2022). Net income: US$27.0m (down 67% from 1H 2022). Profit margin: 8.1% (down from 8.8% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Jul 24
Ferrexpo plc to Report Q2, 2023 Results on Aug 02, 2023 Ferrexpo plc announced that they will report Q2, 2023 results on Aug 02, 2023 Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$0.37 (vs US$1.48 in FY 2021) Full year 2022 results: EPS: US$0.37 (down from US$1.48 in FY 2021). Revenue: US$1.25b (down 50% from FY 2021). Net income: US$220.0m (down 75% from FY 2021). Profit margin: 18% (down from 35% in FY 2021). The decrease in margin was driven by lower revenue. Production and reserves: Iron Production: 6.053 Mt (11.22 Mt in FY 2021) Proved and probable reserves (ore): 1,627 Mt (1,645 Mt in FY 2021) Number of mines: 2 (2 in FY 2021) Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Announcement • Feb 14
Ferrexpo plc to Report Fiscal Year 2022 Results on Mar 15, 2023 Ferrexpo plc announced that they will report fiscal year 2022 results on Mar 15, 2023 Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 20% share price gain to UK£1.74, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 40% over the past three years. Reported Earnings • Aug 04
First half 2022 earnings released: EPS: US$0.14 (vs US$1.13 in 1H 2021) First half 2022 results: EPS: US$0.14 (down from US$1.13 in 1H 2021). Revenue: US$935.9m (down 31% from 1H 2021). Net income: US$82.1m (down 88% from 1H 2021). Profit margin: 8.8% (down from 49% in 1H 2021). Over the next year, revenue is expected to shrink by 21% compared to a 15% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Natalie Polischuk was the last director to join the board, commencing their role in 2021. Upcoming Dividend • Jun 10
Upcoming dividend of US$0.066 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 04 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 21%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (8.2%). Upcoming Dividend • Jun 02
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 20%. Within top quartile of British dividend payers (4.9%). Higher than average of industry peers (8.4%). Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Natalie Polischuk was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 23
Full year 2021 earnings released: EPS: US$1.48 (vs US$1.08 in FY 2020) Full year 2021 results: EPS: US$1.48 (up from US$1.08 in FY 2020). Revenue: US$2.52b (up 48% from FY 2020). Net income: US$871.0m (up 37% from FY 2020). Profit margin: 35% (down from 37% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 34% compared to a 6.7% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£2.62, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 98% over the past three years. Upcoming Dividend • Dec 30
Upcoming dividend of US$0.066 per share Eligible shareholders must have bought the stock before 06 January 2022. Payment date: 28 January 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 27%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (9.0%). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£3.23, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£6.11 per share. Recent Insider Transactions • Sep 01
Group COO recently bought UK£59k worth of stock On the 27th of August, James North bought around 15k shares on-market at roughly UK£3.81 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of UK£152k worth in shares. Reported Earnings • Aug 05
First half 2021 earnings released: EPS US$1.13 (vs US$0.43 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$1.35b (up 74% from 1H 2020). Net income: US$661.4m (up 165% from 1H 2020). Profit margin: 49% (up from 32% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year and the company’s share price has also increased by 36% per year. Upcoming Dividend • Jun 10
Upcoming dividend of UK£0.096 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 01 July 2021. Trailing yield: 12%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (4.9%). Recent Insider Transactions • May 08
Head of Managing Board & COO recently sold UK£450k worth of stock On the 5th of May, Viktor Lotous sold around 100k shares on-market at roughly UK£4.50 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£376k more than they bought in the last 12 months. Recent Insider Transactions • Apr 20
Group COO recently bought UK£55k worth of stock On the 16th of April, James North bought around 14k shares on-market at roughly UK£3.86 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of UK£74k worth in shares. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS US$1.08 (vs US$0.69 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.70b (up 13% from FY 2019). Net income: US$635.3m (up 58% from FY 2019). Profit margin: 37% (up from 27% in FY 2019). The increase in margin was primarily driven by higher revenue. Production and reserves: Iron Production: 11.22 Mt (10.52 Mt in FY 2019) Proved and probable reserves (ore): 1,678 Mt (1,629 Mt in FY 2019) Number of mines: 2 (2 in FY 2019) Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Is New 90 Day High Low • Feb 21
New 90-day high: UK£3.52 The company is up 79% from its price of UK£1.96 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.56 per share. Recent Insider Transactions • Jan 14
Insider recently sold UK£69k worth of stock On the 13th of January, Nikoley Kladiev sold around 20k shares on-market at roughly UK£3.45 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought UK£15k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 19% share price gain to US$3.34, the stock is trading at a trailing P/E ratio of 6.5x, up from the previous P/E ratio of 5.5x. This compares to an average P/E of 15x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders over the past three years are 48%. Is New 90 Day High Low • Dec 22
New 90-day high: UK£2.87 The company is up 54% from its price of UK£1.86 on 22 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.62 per share. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 20% share price gain to US$2.46, the stock is trading at a trailing P/E ratio of 4.8x, up from the previous P/E ratio of 4x. This compares to an average P/E of 13x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders over the past three years are 33%. Is New 90 Day High Low • Dec 01
New 90-day high: UK£2.27 The company is up 25% from its price of UK£1.81 on 02 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.89 per share.