Ferrexpo plc (GB:FXPO) has released an update.
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Ferrexpo PLC reports robust production and sales growth in Q1 2024, marking the highest levels since the Ukraine invasion began. Despite a high bail set for a senior manager over alleged royalty underpayments, the company has made a partial bail payment and affirms its operations remain unaffected. Shareholders have been reassured by an FCA-approved sponsor that the bail transaction terms are fair and reasonable.
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