Qatar Aluminium Manufacturing Company · QSE:QAMC

Qatar Aluminium Manufacturing — Q3 2020 Earnings Presentation

27 slides from Qatar Aluminium Manufacturing's earnings presentation, Sep 30, 2020

  1. Slide 1: Qatar Aluminium Manufacturing Company Investor Relations Presentation

    Qatar Aluminium Manufacturing Company Investor Relations Presentation 30 September 2020

  2. Slide 2: Disclaimer

    Disclaimer The company in which Qatar Aluminium Manufacturing Company Q.P.S.C. directly owns investment is a separate entity. In this presentation, “QAMCO” and “the Company” are sometimes used for convenience in reference to Qatar Aluminium Manufacturing Company Q.P.S.C. This presentation may contai

  3. Slide 3: Table of Content

    Table of Content 1. About QAMCO 2. Ownership Structure 3. Board of Directors 4. Competitive advantages 5. Results at a Glance (For period ended 30 September 2020) 6. Market statistics and dividends 7. Operations of joint venture 8. CAPEX and Cash flows (2020-2024) 9. Results at a Glance (2019) 10. G

  4. Slide 4: About QAMCO

    About QAMCO 4 QAMCO, IR Presentation, Q3-20

  5. Slide 5: About QAMCO

    About QAMCO • Qatar Aluminum Manufacturing Company • The Authorized share capital is QR Q.P.S.C (QAMCO) was incorporated on 5,580,120,000 divided into 5,580,119,999 December 3, 2018 and listed on Qatar ordinary Shares and one (1) Special Share. The Stock Exchange on December 16, 2018. free float con

  6. Slide 6: Ownership Structure

    Ownership Structure Qatar Petroleum Public (51%) (49%) QAMCO Qatalum Joint Venture (50%) 6 QAMCO, IR Presentation, Q3-20

  7. Slide 7: About QAMCO: Board of Directors

    About QAMCO • QAMCO Board of Directors consist of: Mr. Abdulrahman Ahmad Al-Shaibi Chairman Mr. Ahmad Saeed Al-Amoodi Mr. Mohammed Essa Al-Mannai Vice Chairman Member Mr. Mohammed Jaber Al-Sulaiti Mr. Nabeel Mohammed Al-Buenain Member Member Mr. Khalid Mohammed Laram Member 7 For detailed biographie

  8. Slide 8: Competitive Advantages

    Competitive Advantages Low cost aluminium Proven financial position smelter • Focused investment for aluminium segment • Positive share of operating profit margins from its • State of the art production facility and technology joint venture deployed • Healthy share of operating cash flow generation

  9. Slide 9: Results at glance (For period ended 30 September 2020)

    Results at glance (For period ended 30 September 2020) 9 QAMCO, IR Presentation, Q3-20

  10. Slide 10: Key Performance Indicators

    Key Performance Indicators For the period ended 30 September 2020 Production (MT’000) – 100% • 9M-20 production volumes remained at par as compared to 9M-19. • Q3-20 production volumes marginally increased by 3% on Q2-20, due to slightly lesser no. of pots relined during Q3-20 compared to the previo

  11. Slide 11: Key Performance Indicators - QAMCO share in JV

    Key Performance Indicators For the period ended 30 September 2020 - QAMCO share in JV Share of Revenue (QR million) • 9M-20 vs 9M-19: Share of revenue declined, mainly due to declining trends in selling prices. • Q3-20 vs Q2-20: Share of revenue declined, mainly due to decline in selling prices and

  12. Slide 12: Net Profit Variance Analysis

    Net Profit Variance Analysis (QR in Million) QAMCO reported a net profit of QR 12 million, a decline in profitability by 84% compared to the 9M-2019. Results affected by Joint Venture performance due to:  Favorable movements a) Decline in cost of goods sold due to lowered raw materials and energy c

  13. Slide 13: Analysis of Selling Prices

    Analysis of Selling Prices Selling Prices ($ / MT) o The average selling prices declined from previous periods due to persistent LME Premium challenging macroeconomic conditions LME Price difference pressuring LME prices. LME LME LME o Premiums declined mainly due to unprecedented shift in product m

  14. Slide 14: Analysis of EBITDA margins

    Analysis of EBIDTA margins Despite pressured primary aluminium prices globally, QAMCO’s JV EBIDTA margins remained robust and resilient 2,000 30% Primary Aluminium Price (USD/ton) 29.4% QAMCO’s JV EBITDA Margins (%) 1,900 29% 28.2% 1,800 LME 27.8% 28% 27.4% 1,700 26.4% 27% 1,600 26% 25.2% 25.2% 1,50

  15. Slide 15: Geographic analysis – QAMCO JV revenue

    Geographic analysis – QAMCO JV revenue Asia remained QAMCO JV’s largest market, while its presence in US and Europe continued to be substantial Europe 17% Qatar North America 3% Asia 13% 67% 15 QAMCO, IR Presentation, Q3-20

  16. Slide 16: Market Statistics and dividend distribution

    Market Statistics and dividend distribution 16 QAMCO, IR Presentation, Q3-20

  17. Slide 17: Market Statistics and Dividends

    Market Statistics and Dividends 8.00 Market Cap (QAR Billion) 7.00 6.00 QAR 5.6 bn 5.00 4.00 3.00 2.00 1.00 0.00 Jan-19 Jul-20 Jul-20 Mar-19 Mar-19 Jun-19 Jun-19 Jul-19 Jul-19 Jan-20 Jan-20 Mar-20 Mar-20 Jun-20 Jun-20 Feb-19 Feb-20 Feb-20 Aug-19 Aug-19 Sep-19 Sep-19 Nov-19 Nov-19 Dec-19 Dec-19 Aug-2

  18. Slide 18: Operations of Joint Venture

    Operations of Joint Venture 18 QAMCO, IR Presentation, Q3-20

  19. Slide 19: QAMCO's Joint Venture

    QAMCO’s Joint Venture • Qatar Aluminium (Qatalum) is located in Qatar, the company benefits from access to one of the world’s largest and most competitively priced sources of energy which allows it to maintain a first quartile cost position, one of the industry’s highest profit margins and strong ca

  20. Slide 20: QAMCO's Joint Venture: Sales and Marketing

    QAMCO’s Joint Venture Sales and Marketing: • With a Marketing and Offtake Agreement, Hydro Aluminium is responsible for the offtake and marketing of 100% of Qatar Aluminium product's. The Marketing and Offtake Agreement gives Qatar Aluminium (Qatalum) access to Hydro Aluminium’s worldwide sales netw

  21. Slide 21: CAPEX and Cash Flows (2020-2024) – QAMCO's Share

    CAPEX and Cash Flows (2020-2024) – (QAMCO’s Share) CAPEX: o Planned CAPEX (2020-24) include routine operations such pot relining; turbine inspections; baking furnace flue wall replacement; swing rectiformer; plan to enhance cybersecurity protocols; and compliance with requirements set by set by Qata

  22. Slide 22: Results at glance (2019)

    Results at glance (2019) 22 QAMCO, IR Presentation, Q3-20

  23. Slide 23: Key Performance Indicators (2019)

    Key Performance Indicators (For the 13 month period ended 31 December 2019 - QAMCO share in JV) Production (MT’000) – 100% Sales Volumes (MT’000) – 100% Selling Prices ($ / MT) • Production and sales volumes were marginally higher in comparison to the last pro-forma period. • Selling prices remained

  24. Slide 24: Governance Structure

    Governance Structure 24 QAMCO, IR Presentation, Q3-20

  25. Slide 25: Governance Structure

    Governance Structure Board structure Board committees • QAMCO Board of Directors consists of six (6) • The Board of Directors established Board Directors, all were appointed by the Special Committees and Special Committees to carry Shareholder “Qatar Petroleum”. QP appoints out specific tasks. The B

  26. Slide 26: Governance Structure

    Governance Structure Remuneration Shareholders’ rights Board of Directors • The Company’s Articles of Associations provide for • The Company has developed a periodically the rights of shareholders, particularly the rights to revisited remuneration policy for Board members. receive dividends, attend

  27. Slide 27: Thank You

    THANK YOU For further information, Qatar Aluminium Manufacturing Company can be contacted as follows: Telephone: (+974) 4013 2277 Fax: (+974) 4013 9750 E-mail: qamco@qp.com.qa Address: P. O. Box 3212, Doha, State of Qatar. Please refer to www.qamco.com.qa for the latest information, publications, pr

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