9th Nov 2012 07:00
Notice of IFRS results for the six months ended 30 June 2012
Federal Grid Company of Unified Energy System ("Federal Grid" or the "Company", MICEX-RTS, LSE: FEES), the operator and manager of Russia's unified electricity transmission grid system, will announce its condensed consolidated IFRS financial results for the six months ended 30 June 2012 on Thursday, 15 November 2012 at 11:00 Moscow time (07:00 UK time).
The Company will host an investor and analyst conference call on the same day at 13:00 Moscow time (09:00 UK time). Dial in details are as follows:
UK Standard Dial In Russia Dial In (from a landline) | +44(0) 1452 586 506 8108 002 267 2044 |
USA Free Call Dial In | 1877 256 1273 |
Germany Free Call Dial In | 0800 664 8508 |
Switzerland Free Call Dial In | 0800 900 110 |
Sweden Free Call Dial In | 0200 892 579 |
All participants must register for this conference using the URL below | |
http://emea.directeventreg.com/registration/69646229 | |
If you have not registered, you must press *0 when prompted to enter your passcode
Not registering for the call may lead to additional waiting times
A replay of the call will be available until 21 November 2012 using the following details:
UK Free Call Dial In International Dial In | 08717 000 145 +44 (0) 1452 550 000 |
Replay Access Code | 69646229 # |
A transcript of the conference call will become available on the Federal Grid website www.federal-grid.com.
Enquiries:
Contacts
| ||
Investors / Analysts | ||
Federal Grid IR team | Work | Mobile |
Alexander Duzhinov | +7 (495) 710 9064 | +7 (916) 041 8053 |
Nadezda Sukhova | +7 (495) 710 9541 | |
Egor Toropov | +7 (495) 710 9333 ext. 2275 | |
Vladimir Baklanov | +7 (495) 710 9333 ext. 2926 | |
International Media | ||
M:Communications | ||
Tom Blackwell | +7 (495) 663 8009 | +7 (919) 102 9064 |
Sam VanDerlip | +44 20 7920 2356 | +44 7554 993 032 |
About Federal Grid Company
Federal Grid Company is the operator and manager of Russia's unified electricity transmission grid system, including high voltage transmission lines, and holds the status of a natural monopoly.
The Company's assets include more than 124,000 km of transmission lines and 854 substations with more than 322 GVA of 35-750 volt transformer capacity. Based on the length of transmission lines and installed transformer capacity, Federal Grid is the largest publicly traded electricity transmission company in the world.
Federal Grid's business is to provide electricity transmission and technological connection services. It maintains and develops the grid system and supervises grid facilities and infrastructure in 73 Russian regions, covering a territory of 13.6 million square kilometres. Its customers are regional distribution companies, electricity suppliers and large industrial enterprises.
Since January 1st 2010, Federal Grid has operated under a 5-year regulatory asset base (RAB) model.
The Company was incorporated in June 2002 as part of the reorganization of Russia's electrical power industry. The largest shareholder, with a 79.55% stake, is the Russian Federation Government.
Federal Grid Company's ordinary shares are listed on the MICEX-RTS stock exchange under the ticker symbol FEES and the Company's GDRs are traded on the London Stock Exchange under the same FEES ticker symbol. The Company's shares are included in the MSCI Emerging Markets and MSCI Russia indices.
In 2011 the Company's IFRS revenue was RUB 139,571 million (up 23% compared to 2010), adjusted EBITDA was RUB 83,760 million (a 24% increase from 2010), and adjusted net profit was RUB 38,241 million (up 37% on 2010).
Further information can be found at www.federal-grid.com
Related Shares:
FEES.L