FESCO Transportation Group (the “Group” or “FESCO”) reports the Group’s preliminary key operating metrics and market indicators for September 2016 and the nine months ending September 30, 2016 (the “Monthly Update”). The purpose of the Monthly Update is to provide investors with key operational results on a regular basis. The information in this Monthly Update has been prepared and based on preliminary operating results. The more detailed analysis and discussions regarding FESCO’s operational and financial performance is disclosed on a quarterly basis.
September 2016 and Nine Months Year-to-Date Trading Update
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FESCO Announces September 2016 and Nine Months Year-to-Date Trading Update
22 November 2016
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FESCO
Transportation Group (“Group”) notes media reports about intention of Russian
Management Company Arsagera ("Arsagera") to file bankruptcy petition
against FESCO PLC ("Company”, parent company of the Group). The Company announces
that such claim is groundless and hereby kindly asks its clients and partners not to respond
to the provocation.
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