Aperam S.a. · EURONEXT:APAM

Aperam — Q2 2012 Earnings Presentation

15 slides from Aperam's earnings presentation, Jul 24, 2012

  1. Slide 1: Second quarter 2012

    Second quarter 2012 July 24, 2012 © Aperam 1

  2. Slide 2: Disclaimer

    Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about Aperam and its subsidiaries. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with re

  3. Slide 3: Introduction & overview

    Introduction & overview Highlights: • Health and Safety frequency rate of 1.0x in Q2 2012 compared to 1.0x in Q1 2012 • Shipments of 433 thousand tonnes in Q2 2012, flat compared to shipments of 433 thousand tonnes in Q1 2012 • EBITDA of USD 65 million in Q2 2012 compared to EBITDA of USD 64 million

  4. Slide 4: Health & Safety

    Second quarter 2012 Health & Safety

  5. Slide 5: Health & Safety Performance

    Health & Safety Performance Frequency rate* 4 3 2 1 0 11 11 11 12 12 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 10 11 1Q 2Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 3Q 4Q 1Q 2Q Profit improvement in Q1 dueHealth to market and internal & Safety initiatives frequency but Q2 rate of 1.0x expec

  6. Slide 6: Environment and markets

    Second quarter 2012 Environment and markets

  7. Slide 7: Stainless steel prices under pressure

    Environment and markets Stainless steel prices under pressure China - CR 304 2B 2mm coil transaction price (USD/t)* Southern Europe - CR 304 2B 2mm coil base price (€/t)* 4,800 1,250 4,400 1,200 1,150 4,000 1,100 3,600 1,050 3,200 1,000 2,800 950 900 2,400 850 2,000 Ju -12 800 Ju -09 Ju 11 Ju -08 Ju

  8. Slide 8: Performance and prospects

    Second quarter 2012 Performance and prospects

  9. Slide 9: Second quarter operating performance

    Performance and prospects Second quarter operating performance Shipments (‘000t) Q1 2012 & Q2 2012 EBITDA per division (USD million) 439 433 433 429 429 39 30 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 16 Europe 6 Europe 10 Brazil 33 10 11 11 EBITDA (USD million) Europe Europe Brazil 20 3 Brazil 23 Bra

  10. Slide 10: Leadership Journey®

    Performance and prospects Leadership Journey® Cumulated gains and 2013 target (USD million) Key projects completed since beginning of 2011 • In Brazil, VSS*, switch from LPG to natural gas and conversion of blast furnace number 2 from coke to biomass 350 • In Europe, suspension of traditional cold r

  11. Slide 11: Financial results

    Second quarter 2012 Financial results

  12. Slide 12: Second quarter P&L highlights

    Financial results Second quarter P&L highlights EBITDA to net income (USD million) +65 (84) (19) (28) (47) (19) +19 (9) EBITDA Depreciation Operating Net interest & Unrealized FX Pre-tax Tax benefit Net loss & impairment loss financing & derivatives result costs* losses Profit improvement inEarnings

  13. Slide 13: Second quarter cash flow highlights

    Financial results Second quarter cash flow highlights Free cash flow (USD million) +12 (49) +65 65 28 +28 (43) (15) EBITDA Working capital Net financial Cash-flow from CAPEX Free cash-flow charges, taxes operations before dividends & others Profit USDimprovement 15 million of in Q1 outflow cash due

  14. Slide 14: Second quarter balance sheet highlights

    Financial results Second quarter balance sheet highlights Assets & liabilities (USD million) Equity & net debt (USD million) 728 1,488 4,167 3,580 3,545 3,443 3,176 3,936 3,176 1,107 1,038 878 857 882 Assets Liabilities 6/30/2011 9/30/2011 12/31/2011 3/31/2012 6/30/2012 Non-current assets Shareholde

  15. Slide 15: Q&A

    Second quarter 2012 Q&A

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