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angle-left null PJSC TransContainer reports its Financial Results under Russian Accounting Standards for the 1st quarter of 2015

In the first quarter of 2015 the total revenue of the Company increased by 18.7% year on year to RUR 9,986 million, while the adjusted  revenue (total revenue less subcontractors’ fees under the integrated freight forwarding and logistics services) grew by 5.2% to RUR 5,108 million respectively. Operating profit decreased by 31.5% to RUR 845 million. EBITDA contracted to RUR 1,510 million from RUR 2,171 million in the first quarter of 2014 while the Company’s net profit decreased to RUR 518 million from RUR 1,068 million respectively.

Company’s total assets were RUR 44,834 million as of 31 March 2015 while the total debt was RUR 5,840 million. The net debt (the total debt less cash, cash equivalents and short-term investments) was RUR 3,056 million, down 28.5% as compared to the net debt amount as of 31 December 2014.

The Company’s financial results were negatively affected by the unfavorable Russian rail transportation market environment amid the continuing economic slowdown.

Company’s transportation volumes during the reporting period grew by 0.7% to 352 thousand TEU

TransContainer’s financial accounts for the first quarter of 2015 under Russian Аccounting Standards are available at

http://www.trcont.com/en/investor-relations/reporting/financial-reports-under-ifrs/

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            About TransContainer

PJSC TransContainer was established in 2006 as a 100% subsidiary of OJSC Russian Railways.  

            Nowadays TransContainer is the leading intermodal containertransportation company in Russia. It owns and operates 46 rail container terminals throughout Russia, operates the container terminal Dobra in Slovakia and controls 50% of the capital in JSC KedenTransService – a leading operator of rolling stock and terminal network in Kazakhstan. TransContainer is also the largest flatcar fleet owner and operator in Russia, CIS and Baltic states. It owns and operates about 27,000 flatcars and more than 64,000 ISO containers.

            The Company’s major shareholders are JSC UTLC with 50%+2 shares, FESCO Transportation group with 24.17% of share capital, Transfingroup Asset Management (manager of pension assets of Blagosostoyanie Non-State Pension Fund) with 7.32% of the share capital, the European Bank for Reconstruction and Development with 9.25% of the share capital. 

            TransContainer is listed at the Moscow Exchange and LSE.

http://www.trcont.com/en/investor-relations/reporting/financial-reports-under-ifrs/