WITH RESPECT TO PEOPLE AND LAND

Kyiv, 26 August 2016

IMC on the financial results of the first half of 2016

On 25 August IMC published the Consolidated Financial Statements for the first half of 2016.

Revenue for the reporting period amounted to USD 54.4 million. Corn sales contributed 94% to the revenue in the first half of 2016. Exports accounted for 90% of total revenue.

IMC's EBITDA for the first half of 2016 amounted to USD 49.6 million, and Net profit amounted to USD 18.8 million.

About IMC

IMC (INDUSTRIAL MILK COMPANY S.A.) is one of the TOP-10 agricultural companies in Ukraine, and is listed on the Warsaw Stock Exchange. The company is primarily involved in crop farming, the storage of grain and oilseed crops, potato production and dairy farming. It operates 136,600 hectares of land located in the prime fertile farming regions of Ukraine (Poltava, Chernihiv, Sumy). The company was founded in 2007. In 2015, IMC reported net profit of USD 14.0 million and EBITDA of USD 66.5 million.

For more information about IMC please visit our web-site: www.imcagro.com.ua

Industrial Milk Company SA published this content on 26 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 August 2016 08:09:02 UTC.

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