Novolipetsk Steel (“NLMK”) has renewed a number of licenses for activities related to the use of national security information (state secrets), the company reported.

The licenses were issued by the department of Russia’s Federal Security Service in the Lipetsk region on June 20, 2013. The renewed licenses are effective until June 20, 2020.

Novolipetsk Steel is one of three largest ferrous metallurgy enterprises in the Russian Federation. It produces over nine million tons of steel a year and rolled steel of various grades manufactured for various purposes. NLMK Group’s key production assets are located in Russia, the E.U., and the U.S. The company’s labor force is 60 thousand employees. NLMK produces a wide range of metal products.

The principal owner of NLMK is Fletcher Holdings Ltd. (85.91 percent of shares), whose beneficiary is Vladimir Lisin, the chairman of the company’s board of directors. Other entities belonging to NLMK managers hold a 2.8-percent stake. The free-float, including the stock on the Russian stock exchanges and the GDRs (Global Depositary Receipts) on the London Stock Exchange, currently stands at 11.29 percent.

The company’s authorized capital is RUB5,993,227,240 (USD87,924,299). It consists of the same number of shares with a face value of one rouble.

The IFRS net profits of Novolipetsk Steel in the period of nine months from January to September 2015 grew by 28.93 percent to USD891.4 million from USD691.4 million the year before. Revenues decreased by 20.89 percent to USD6.371 billion from USD8.053 billion. Operating profits increased by 6.18 percent to USD1.186 billion from USD1.117 billion. Earnings before interest, taxes, depreciation, and amortization (“EBITDA”) decreased by seven percent to USD1.628 billion, while the EBITDA margin went up to 26 percent, against 22 percent observed in the nine months from January to September 2014.

According to AK&M Information Agency’s DataCapital information retrieval system, the RAS net profits of Novolipetsk Steel in the period of months from January to September 2015 grew by 68.96 percent to RUB47.493 billion (USD697 million) from RUB28.109 billion (USD412 million) the year before. Revenues increased by 29.05 percent to RUB246.016 billion (USD3.609 billion) from RUB190.639 billion (USD2.794 billion). Profits from sales rose 2.25 times to RUB47.482 billion (USD696 million) from RUB21.089 billion (USD309 million). Pre-tax profits increased by 80.37 percent to RUB55.443 billion (USD813 million) from RUB30.738 billion (USD451 million).