Mullen Group Ltd. Reports Third Quarter Financial Results

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Mechel OAO (MTL) Reports Q3 EPS of Cdn$0.48 on Revenues of Cdn$290M

October 21, 2020 4:06 PM EDT

Mechel OAO (NYSE: MTL) reported Q3 EPS of Cdn$0.48, versus Cdn$0.44 reported last year. Revenue for the quarter came in at Cdn$290 million, versus Cdn$325 million reported last year.

"Since the onset of COVID-19 important lessons have been learned. At Mullen Group, for example, I believe the most obvious is the importance of a diversified business model. We didn't anticipate this pandemic, however we were confident that we were positioned to manage through the disruptions. We knew we had a good business focused on multiple segments of the economy and a well... More