FERREXPO PLC

• ⚠

  Material uncertainty over going concern

  The Group is currently still exposed to the ongoing war in Ukraine... disclose material uncertainty related to going concern and the associated risks arising from the ongoing war and economic uncertainties

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

MHA Macintyre Hudson LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group is currently still exposed to the ongoing war in Ukraine... disclose material uncertainty related to going concern and the associated risks arising from the ongoing war and economic uncertainties”

Group structure

1. FERREXPO PLC · parent
   1. Ferrexpo Poltava Mining 100% · Ukraine · Iron ore mining and processing
   2. Ferrexpo Yeristovo Mining 100% · Ukraine · Iron ore mining
   3. Ferrexpo Services Limited 100% · UK · Management services and logistics

Significant events

• “On 4 February 2025, the Group’s subsidiary Ferrexpo Poltava Mining (“FPM”) has received a civil claim seeking joint liability of FPM and its General Director for damages amounting to UAH157 billion (approximately US$3.8 billion as at 14 March 2025) in favour of the Ukrainian state.”
• “On 12 February 2025, the National Security and Defence Council of Ukraine (“NSDC”) adopted the decision later approved by the Presidential Decree, that on 12 February 2025 the activities of a number of individuals and legal entities, including Mr Zhevago, are subject to personal restrictive measures ('sanctions').”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +43.2%

  £483,169,014 → £691,818,384

• Cash

  -8.1%

  £85,426,983 → £78,516,679

• Net assets

  -17.1%

  £825,447,739 → £684,645,663

• Employees

  —

  Not reported

• Operating profit

  -75.2%

  £52,724,981 → £13,057,079

• Profit before tax

  -67.1%

  £42,924,388 → £14,102,298

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers