Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — AMG Advanced Metallurgical Group — Shareholder Meeting (May 2021)
12 slides from Amg Critical Materials's shareholder meeting presentation, May 2021
Slide 1: Enabling the Circular Economy
ENABLING THE CIRCULAR ECONOMY FINANCIAL PRESENTATION | MAY 2021 ANNUAL GENERAL MEETING AMG ADVANCED METALLURGICAL GROUP N.V. 1
Slide 2: Cautionary Note
CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Advanced Metallurgical Group N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any pu
Slide 3: 2020 Financial Review and Q1 2021 Highlights
2020 Financial Review Financial Highlights 4 Financial Data & ROCE 5 Q1 2021 Financial Highlights Financial Highlights 7 Operational Update 9 3
Slide 4: Divisional Financial Highlights – FY 2020 vs. FY 2019
DIVISIONAL FINANCIAL HIGHLIGHTS – FY 2020 VS. FY 2019 REVENUE GROSS MARGIN AFTER NON-RECURRING ITEMS FY 2020 $937.1 MILLION FY 2020 13.7% FY 2019 $1,188.6 MILLION FY 2019 18.0% AMG Critical $575.7 AMG Critical 11.8% FY 2020 Materials Materials FY 2019 $762.5 14.5% AMG $361.4 AMG 16.7% FY 2020 Techno
Slide 5: 5-Year Trend: EBITDA & ROCE
5-YEAR TREND: EBITDA & ROCE EBITDA (IN MILLIONS OF US DOLLARS) • 2020 EBITDA is down 45% versus 2019 as a $217.1 result of lower profitability due to the pandemic- related impacts to AMG’s $125.5 $121.4 business $100.7 45% $66.8 YoY • Both market prices and demand for AMG’s products strengthened in
Slide 6: 5-Year Trend: Net Debt & Operating Cash Flow
5-YEAR TREND: NET DEBT & OPERATING CASH FLOW NET DEBT (CASH) (IN MILLIONS OF US DOLLARS) • Net debt at year end: $287.9 $287.9 million Significant investment in • AMG’s primary debt $162.9 growth initiatives during facility is a $650 million 2020, especially multicurrency term loan the vanadium and
Slide 7: Q1 2021 Financial Highlights
Q1 2021 FINANCIAL HIGHLIGHTS REVENUE: $264M • AMG Critical Materials Technologies provided 46% of the Company’s revenue for the quarter, while AMG Critical Minerals and AMG Clean Energy Materials generated 28% and 27%, respectively. • Revenue was down relative to the prior year mainly due to reduced
Slide 8: Q1 2021 Financial Highlights by Segment
Q1 2021 FINANCIAL HIGHLIGHTS AMG CLEAN • Revenue: $70.6 million ENERGY MATERIALS • Adjusted gross profit: $13.4 million • 3% decrease in SG&A versus Q1 2020 AMG CRITICAL • Revenue: $72.9 million MINERALS • Adjusted gross profit: $13.1 million • 32% increase in EBITDA versus Q1 2020 AMG CRITICAL • Re
Slide 9: Operational Update 2020 – Current: AMG Group
OPERATIONAL UPDATE 2020 – CURRENT AMG Group • In March 2020, we initiated an intensive program of liquidity maintenance. This program included cuts to variable compensation, professional fees, and other ancillary expenses that resulted in a reduction of our SG&A cost of $26 million versus 2019 level
Slide 10: Operational Update 2020 – Current: AMG Clean Energy Materials
OPERATIONAL UPDATE 2020 – CURRENT AMG Clean Energy Materials • AMG Lithium GmbH invested in a solid state battery (SSB) pilot plant to complement its state-of-the-art battery materials laboratory located in Frankfurt, Germany. • AMG Vanadium signed a new long-term, multi-year agreement in Q1 2021 to
Slide 11: Operational Update 2020 – Current: AMG Critical Materials Technologies
OPERATIONAL UPDATE 2020 – CURRENT AMG Critical Materials Technologies • AMG formed AMG Chrome US LLC (“US Chrome”). US Chrome will manufacture chrome metal products in New Castle, PA, and will be the only producer of chrome metal in the United States. • AMG Engineering’s order intake in 2020 exceede
Slide 12: AMG Advanced Metallurgical Group N.V.
VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO &) VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO This announcement appears as a matter of record. AMG’s LAW: “Everything that can be recycled 4" will be recycled.” TANTALUM, NIOBIUM, AND HAFNIUM AMG ADVANCED METALLURGICAL GROUP N.V. amg-nv.com WH CH
AMG Advanced Metallurgical Group — Shareholder Meeting (May 2021) on 6ix