Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — AMG Advanced Metallurgical Group — Shareholder Meeting (May 2018)
9 slides from Amg Critical Materials's shareholder meeting presentation, May 2018
Slide 1: Annual General Meeting May 2018 Financial Presentation
AMG ADVANCED METALLURGICAL GROUP N.V. ANNUAL GENERAL MEETING MAY 2018 FINANCIAL PRESENTATION 1
Slide 2: 2017 Financial Review and Q1 2018 Financial Highlights
2017 Financial Review Financial Highlights 4 Financial Data & ROCE 5 Q1 2018 Financial Highlights Financial Highlights 7 Operational Update 9 2
Slide 3: Cautionary Note
CAUTIONARY NOTE THIS DOCUMENT IS STRICTLY CONFIDENTIAL AND IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION 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 PURPOSE
Slide 4: Divisional Financial Highlights – FY 2017 vs. FY 2016
DIVISIONAL FINANCIAL HIGHLIGHTS – FY 2017 VS. FY 2016 REVENUE GROSS MARGIN FY 2017 $1,059.7 MILLION FY 2017 20.3% FY 2016 $971.1 MILLION FY 2016 19.2% AMG Critical $814.4 FY 2017 AMG Critical 18.4% Materials $701.6 FY 2016 Materials 18.5% AMG $245.2 FY 2017 AMG 26.4% Engineering $269.5 FY 2016 Engin
Slide 5: 5 Year Trend: EBITDA & ROCE
5 YEAR TREND: EBITDA & ROCE EBITDA (IN MILLIONS OF US DOLLARS) • 2017 EBITDA is up 25% due $125.5 to improved profitability within Critical Materials propelled by $100.7 improved product mix and $85.7 FY ‘17 EBITDA $75.6 strong sales volumes, as well $72.6 UP 25% as higher vanadium prices VERSUS FY
Slide 6: 5 Year Trend: Net Debt & Operating Cash Flow
5 Y E A R T R E N D : N E T D E B T & O P E R AT I N G C A S H F L O W NET DEBT (CASH) (IN MILLIONS OF US DOLLARS) • Net debt: $10.3 million $194.2 o $183.9 million reduction of net $160.5 $184M debt since December 31, 2012 REDUCTION $87.8 • AMG’s primary debt IN NET DEBT facility is a $650 million
Slide 7: Q1 2018 Financial Highlights
Q1 2018 FINANCIAL HIGHLIGHTS Revenue: $308.4M • 20% increase from the same period in 2017 Operating Profit: • $13.6 million, or 64% increase from Q1 2017 $34.6M EBITDA: $44.5M • 35% increase from the same period in 2017 • Driven by strong performance in vanadium, silicon, titanium alloys, graphite,
Slide 8: Q1 2018 Financial Highlights by Division
Q1 2018 FINANCIAL HIGHLIGHTS AMG Critical • Revenue: $248.4 million Materials • 43% increase in gross profit versus Q1 2017 • EBITDA: $37.1 million AMG Engineering • Revenue: $60.1 million • 12% increase in gross profit over Q1 2017 • EBITDA: $7.4 million March 31, 2018 • Cash: $350.2 million Financ
Slide 9: Operational Update – Current
O P E R AT I O N A L U P D AT E 2 0 1 7 – C U R R E N T AMG CRITICAL MATERIALS AMG ENGINEERING • AMG Lithium – received board approval for project to • Increased year-end order backlog by 53%, from construct a second lithium concentrate (spodumene) plant at $135.5 million in 2016 to $207.0 million i
AMG Advanced Metallurgical Group — Shareholder Meeting (May 2018) on 6ix