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Press Releases / 2012 / Mike Salamon interviewed by CNBC Europe following FY results 2011 

Mike Salamon interviewed by CNBC Europe following FY results 2011

24/2/2012

Mike Salamon, Executive Chairman of NWR, was interviewed by CNBC Europe’s Squawkbox programme following NWR’s Full Year results 2011, announced on 23 February 2011. He confirmed that he was ‘‘very pleased with the earnings’’ and that it had been a solid year in which the company maintained production levels and delivered one of its best-ever EDITDA results despite challenging macroeconomic climate. He went on to highlight that NWR is well-placed for 2012 given the company’s robust balance sheet with no debt repayment pressure, past investments into equipment which help mitigate rising costs and the development of Debiensko, central Europe’s first coking coal mine to be opened in over a decade, which remains on-track.

 

CNBC_Mike_Salamon

 

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