Ferrexpo delays results again as charity investigation continues

Ukraine-focused iron-ore pellet producer Ferrexpo on Monday again delayed the publication of full-year results to the end of April, while it awaits further progress in an independent investigation on possible misuse of charitable donations.

Ferrexpo said last month it was delaying the results until April 3 after preliminary work by its auditors found discrepancies in the application of funds by Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility programme.