Elkem Asa · OSL:ELK
Elkem Asa — Investor Presentation (2006)
15 slides from Elkem Asa's investor presentation, May 14, 2006
Slide 1: General Presentation 2006
General Presentation 2006
Slide 2: Norway’s Power Intensive Industry
Norway’s Power Intensive Industry ● Accounts for approx. one-third of Norway's traditional exports ● Directly employs approx. 22,000 people ● Accounts for approx. 8 per cent of Norway’s industrial employment ● Comprises 70 companies in almost 30 municipalities ● Has energy consumption of about 40 TW
Slide 3: History
History 1904: Elkem founded. Development of furnaces and processes for electrometals production 1917: Ferroalloy plant acquired. Soederberg electrode invented 1960's: Expansion in Norway: ferroalloys, aluminium, mining, finished products 1972: Merger with Christiania Spigerverk 1970's: International
Slide 4: Elkem’s production plants
Elkem’s production plants Aluminium • Elkem Aluminium Møsjøen • Elkem Aluminium Lista • Mosjøen Anode (2007) Silicon metal • Elkem Meraker • Elkem Thamshavn • Elkem Salten z • Elkem Bremanger z z z z z zz Foundry products z z z zz • Elkem Bjølvefossen z • Elkem Bremanger • Elkem Chicoutimi z • Icela
Slide 5: Elkem’s key figures for 2005
Elkem’s key figures for 2005 2005 2004 Net sales 9 128 9 334 Income from operations * 1 154 1 261 Sales outside Norway 7 694 7 694 7 930 Operating margin * 12.6% 13.5% Return on capital employed 10.3% - Employees 3 056 3 257 9 128 * Before amortisation and other revenues and expenses elk/elke-e/ 5
Slide 6: Income from operations*
Income from operations* (NOK million) 1400 1.261 1.154 1200 1.042 1.057 1000 921 800 600 400 200 0 2001 2002 2003 2004 2005 *Before amortisation and other revenues and expenses elk/elke-e/ 6
Slide 7: Net sales per reporting groups, 2005
Net sales per reporting groups, 2005 Primary aluminium 23 percent Silicon related 63 percent Energy 14 percent Total net sales 9,128 MNOK elk/elke-e/ 7
Slide 8: Elkem corporate lost-time injuries - “H”
Elkem corporate lost-time injuries - “H” 16 14.5 Lost-time injuries per million working hours - ”H” 14 11.2 12 10.6 10 10 8.1 8 5.8 5.6 6.0 6 3.7 4 3.4 2.6 2.7 2 0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 elk/elke-e/ 8
Slide 9: Production capacity of Elkem 2005
Production capacity of Elkem 2005 ● Energy 3.5 TWh ● Aluminium (100%) 283’ tons ● Silicon Metal 207’ tons ● Ferrosilicon incl. special alloys 308’ tons ● Carbon 310’ tons ● Microsilica 130’ tons elk/elke-e/ 9
Slide 10: Competitive strengths
Competitive strengths ● Strong hydroelectric energy base ● Global market presence ● Metallurgical and smelting expertise ● Strategic alliances elk/elke-e/ 10
Slide 11: Portfolio
Portfolio ● Core business Primary aluminium Energy Silicon Metal Foundry products Carbon Microsilica Solar cells elk/elke-e/ 11
Slide 12: Markets
Markets ● Aluminium ● Construction ● Chemicals/Electronics ● Packaging ● Foundry ● Transportation ● Steel ● Metal industry elk/elke-e/ 12
Slide 13: Elkem’s products
Elkem’s products Raw materials • Alumina • Quarts Carbon Energy • Ore Elkem produces carbon / • Coal/coke power for own production and sales Aluminium Aluminium Silicon Silicon Metal Metal Microsilica Microsilica Ferrosilicon Ferrosilicon Microsilica is produced from filtered fume from the ferrosili
Slide 14: Organisation - Elkem business System (EBS)
Organisation - Elkem business System (EBS) z Critical processes z Standardisation z Self-auditing z Maintenance in business elk/elke-e/ 14
Slide 15: President & CEO and Business Units
President & CEO John G. Thuestad Finance/Control General Counsel Svein Tore Holsether Marius Grønningsæter Human Resources / Business Development EBS/HES Asbjørn Søvik Karin Aslaksen Technology Audun Sæthre Business Units Energy Silicon Poundry Products Aluminium Materials Carbon Finn Bjørn Ruyter B