Interpipe

Interpipe is the largest producer of pipes and railway wheels in Ukraine, selling its produce in more than 80 countries. The company operates three key divisions, manufacturing steel, pipes, and railway products. The steel division collects scrap metal and melts it at Dniprosteel, Interpipe’s modern electric arc furnace (EAF) mill with annual capacity of 1.3 Mt p.a. Interpipe’s pipe segment comprises three pipe rolling mills with combined capacity of close to 1 Mt p.a.

Year
Issue Volume ($m)
Coupon Rate (% p.a.)
Coupon Frequency
Maturity date
Ratings: Fitch/Moody`s/S&P
Market Price* ($)
Market YTM*
Spread over UST*
Note: *Based on bid price.
Year
Net Sales ($m)
EBITDA ($m)
Net Income ($m)
EBIT Coverage Ratio (x)
Net Debt/Equity (%)

Latest news about Interpipe

Feb 29, 2024
| Pipes

Interpipe — Warns may not be able to service debt without NBU permit to buy F/X

Interpipe said it might be unable to service its debt if the National Bank of Ukraine (NBU) did not allow the company to buy foreign currency and make cross-border transfers for external debt service.
Jan 04, 2024

Interpipe — Reports 9M23 EBITDA of $288m, implying $110m in 3Q23

Interpipe reported 9M23 net sales of $785m (+14% y-o-y), EBITDA of $288m (+2.3x y-o-y) and net income of $189m (+1.7% y-o-y). Pipe segment EBITDA tripled over the period, to $158m, wheel segment EBITDA recovered to $29m from -$3.3m in 9M22, and steel EBITDA rose by a third, to $100m. On a pass-through basis (without separate attribution to the steelmaking segment), pipe EBITDA surged by 2.3x y-o-y to $229m, rail EBITDA jumped by 3.3x y-o-y to $51m, and steel EBITDA fell 24% y-o-y to $7.3m. The EBITDA margin rose by 19pp y-o-y to 37%.
Contact us at +38 (044) 490 7120 for more information

or