Slide 1: 2011 Q1 Interim results
2011 Q1 Interim results 2011!Q1!!Interim!results Thomas!Hoyer y CEO An!integrated!mining! and!minerals!producer leveraging!off!its technological!advantages,! to fuel sustainable growth to!fuel!sustainable!growth www.ruukkigroup.fi 11!May!2011 1
Slide 2: Table of contents
Table of contents Table!of!contents • Ruukki!Group • Strategic!and!financial!review Strategic and financial review • Outlook!for!2011 2
Slide 3: Ruukki Group
Ruukki!Group www.ruukkigroup.fi 3
Slide 4: Renewal Ruukki Group
Renewal Ruukki Group Renewal!Ruukki!Group Ruukki is!an!integrated!mining!and!minerals!producer!supplying!specialist!products! to!the!steel!and!stainless!steel!industries,!leveraging!off!its!technological! advantages,!to!fuel!sustainable!growth. Operating!assets Stock!exchange!listings 4
Slide 5: Transition into a focused mining company
Transition into a focused mining company Transition!into!a!focused!mining!company 2008 2009 2010 2011 • Entering!mining! • Acquisition!of! • Acquisition!of! • Wood!assets!disposal and!metals!sector! FerroAlloys! Chromex!Mining through!the! processing!business! • Transformation!into! • Wood!processin
Slide 6: Ruukki Group assets and growth initiatives
Ruukki Group’ss!assets!and!growth!initiatives Ruukki!Group assets and growth initiatives Mining Processing Sales FerroAlloys Stellite!Mine Stellite Mine 180,000tpa Mogale Chrome!Ore 300,000tpa* 110,000tpa* Plasma!Charge!Ferrochrome Silico Manganese Mecklenburg,!Waylox Stainless!Steel!Alloy 2!DC!Furn
Slide 7: Strategic and financial review
Strategic!and!financial!review! www.ruukkigroup.fi 7
Slide 8: New strategy and implementation in 2010
New strategy and implementation in 2010 New!strategy!and!implementation!in!2010 • Decision!to!focus!on!mining!and!minerals!processing!business! • Decision!to!divest!wood!assets • Acquisition!of!Chromex!mining!assets • Significant!expansion!of!processing!capacity!in!Turkey Significant expansion of pr
Slide 9: Strategy implementation continued in 2011
Strategy implementation continued in 2011 Strategy!implementation!continued!in!2011 • Wood!assets!disposal • Chromex!mining!assets!integrated!into!FerroAlloys!business • New!segment!reporting!in!place! • FerroAlloys • Speciality!Alloys • Group!strengthened,!new!CEO!and!COO!appointments 9
Slide 10: The leadership teams
The leadership teams The!leadership!teams The!Board h d The!Executive!Management!Team h i Dr!Jelena!Manojlovic!– Chairman Thomas!Hoyer,!CEO Dr!Chris!Pointon!– Deputy!Chairman!&!NED Dr!Danko!Koncar,!Enterprise!Director Barry!Rourke!– Senior!NED Theuns de!Bruyn,!Chief!Operating!Officer Philip!Baum!– N
Slide 11: Group key figures Q1/2011
Group!key!figures!Q1/2011 Revenue and EBITDA increased Revenue!and!EBITDA!increased EUR!million 1–3/2011 1–3/2010 1–12/2010 Revenue 34.8 30.1 123.3 EBITDA! 3.5 "0.5 "8.4 EBITDA!margin 9.9% "1.8% "6.8% EBIT "3.6 "6.9 "75.6 EBIT!margin "10.2% "22.8% "61.3% Profit!for!the!period,!continuing!operations
Slide 12: Segment performance Q1/2011 – Speciality Alloys
Segment!performance!Q1/2011– Speciality!Alloys Production increased by new concentration plant in Turkey Production!increased!by!new!concentration!plant!in!Turkey EUR illi EUR!million 1 3/2011 1"3/2011 1 3/2010 1"3/2010 1 12/2010 1–12/2010 Substantial!production! increase: Revenue 20.2 12.1 69.0 EBI
Slide 13: Segment performance Q1/2011 – FerroAlloys
Segment!performance!Q1/2011!– FerroAlloys Production increased due to acquired Stellite mining asset Production!increased!due!to!acquired!Stellite!mining!asset EUR!million ll 1–3/2011 / 1–3/2010 / 1–12/2010 / Revenue 14.6 17.8 54.0 Production!increased!due!to! acquired Stellite mining asset acquired
Slide 14: Outlook for 2011
Outlook!for!2011 www.ruukkigroup.fi 14
Slide 15: Outlook for 2011
Outlook for 2011 Outlook!for!2011 There!is!general!uncertainty!as!to!how!demand!during!2011!will! develop.!However,!Ruukki!expects!global!demand!for!the!Company’s! f ferroalloys!products!to!be!higher!in!2011!compared!to!that!of!2010,! ll d b hi h i 2011 d h f 2010 which!is!expected!to!result!in!high
Slide 16: An!integrated!mining! and!minerals!producer leveraging!off!its
An!integrated!mining! and!minerals!producer leveraging!off!its technological!advantages,! to fuel sustainable growth to!fuel!sustainable!growth www.ruukkigroup.fi 11!May!2011 16