Uacj Corporation · TSE:5741
Uacj — Tri-Arrows Aluminum — Investor Day (May 2024)
13 slides from Uacj's investor day presentation, May 28, 2024
Slide 1: Tri-Arrows Aluminum Inc.
Ht TRI-ARROWS ALUMINUM INC. ALUMINUM INC.
Slide 2: Tri-Arrows Aluminum Investor Relations Day
TRI-ARROWS ALUMINUM Investor Relations Day May 28, 2024 2
Slide 3: Tri-Arrows Aluminum
Tri-Arrows Aluminum TAA Headquarters Louisville, KY 70+ Employees Logan Plant World Class Productivity Russellville, KY 1,500 Employees Low-Cost Producer Over 490 kt sold annually Business Focused on Can Sheet Preferred Supplier JV Production Facility driven by Safety, Sustainability, and Partnershi
Slide 4: TAA Mission and Strategy
TAA Mission and Strategy PARTICIPATE BE INTENTIONAL Our Mission Create value and opportunities for growth through partnerships that are forward-thinking and dependable. MODEL IMPROVE INTEGRITY Our Strategy Be the supplier of choice to the can sheet market while strengthening our economic base and ex
Slide 5: Big Picture and Landscape
Big Picture and Landscape • The North America can sheet market is coming out of a period of inventory destocking, and demand for Can Sheet has returned with a healthy outlook for growth. Market • Trade protections against imports from non-market-based economies are in effect • Broader inflation fear
Slide 6: Key Accomplishments
Key Accomplishments “We are creating a more durable company that is prepared to compete and provide value over the next decade.” • Creating a “Culture of Connectivity” to drive economic outcomes that balance near-term opportunities with long-term objectives and promote next-generation Leadership Dev
Slide 7: FY23 Delivers Six Consecutive Years of Earnings Growth
FY23 Delivers Six Consecutive Years of Earnings Growth FY23 Record EBITDA of $254M EBITDA $254 $M’s $233 • Historically favorable scrap market • Variable adjustments to base pricing. • Strong management of year-over-year manufacturing costs. $164 $165 • Optimized material mix to reduce primary alumi
Slide 8: 4th Mid-Term Plan Focus is to Deliver Steady Returns and Position the Business for Future Opportunities
4th Mid-Term Plan Focus is to Deliver Steady Returns and Position the Business for Future Opportunities “The priorities in our Mid-Term Plan Provide the framework from which the business will be ready to adapt, respond, and win in an evolving marketplace.” EBITDA $M’s 4th MTP Steady Cash Returns 3rd
Slide 9: U.S. Can Sheet Long-Term Demand Outlook Healthy as Destocking has Concluded
U.S. Can Sheet Long-Term Demand Outlook Healthy as Destocking has Concluded Consumer Preference Remains Key Growth Driver US Can Sheet Demand* (B Lbs.) • Destocking concluded in 2023 - Strong CY24 Q1 +3% 5.2 demand +9% -11% +3% 4.9 4.7 • Strong demand driven by +10% 4.6 4.5 preference for sustainabi
Slide 10: Manufacturing Focus Strengthen our Low-Cost Position through Debottlenecking and Continuous Improvement
Manufacturing Focus Strengthen our Low-Cost Position through Debottlenecking and Continuous Improvement Hot Mill production is fully loaded over the 4th Mid-Term Plan We are investing for Growth Capital in FY24-FY26 Increasing • 13% production gain by 2026 Coil Capacity • New technologies to improve
Slide 11: Sustainability Environmental Focus
Sustainability Environmental Focus • Scope 1 and 2 emissions at industry- leading levels due to plant efficiencies and +30% CAPACITY INCREASE low carbon electrical power mix • Investigation and support of evolving technologies including hydrogen and electric fork trucks (trial), oxyfuel burner in di
Slide 12: Sustainability North American Scrap Focus
Sustainability North American Scrap Focus • Consumer demand is increasing for products with high recycled content. Recycling Rate Targets • Increasing scrap availability is critical to support decarbonization and sustainability goals and to achieve business objectives. Our Efforts Include: • Pursuin
Slide 13: Summary/Outlook
Summary/Outlook We are relentlessly focused on building an evermore durable culture that identifies and realizes long-term value creation for our stakeholders. • The North America can sheet market has destocked inventory and demand has returned with healthy long-term growth. • TAA will maintain focu