OREANDA-NEWS. March 07, 2012. NCSP Group (LSE: NCSP, MICEX: NMTP) reports that according to preliminary estimates total cargo turnover in January-February 2012 amounted to 26.9 mln tons.

“Despite continued extreme weather conditions not observed for many years, NCSP’s total cargo turnover growth continued in February.

The average daily turnover in February 2012 exceeded that of February 2011 by 20%”, - Deputy CEO for Marketing and Sales on PJSC NCSP Rado Antolovic commented.

I would like to note that even after adjustment for the impact of grain exports resumption, the growth rate of the Group’s turnover in January-February 2012, amounted to c. 9.5% - he said.

This indicates that the new management team succeeded in the past year in attracting new cargo and improving efficiency of the Group."

“Strong operating performance in the first two months of 2012 allows us to expect continued improvement in financial performance relative to 2011 and execution of the annual budget”, - Rado Antolovic added.