Slide 1: Q3/2017 Investor Call Presentation
Q3/2017 Investor Call Presentation Welcome November 17, 2017
Slide 2: Disclaimer
Disclaimer • This document has been compiled by Afarak Group plc (“Afarak”). While the information contained herein is believed to be accurate, no representation or warranty, express or implied is or will be given by Afarak or its respective directors, employees or advisors or any other person as to
Slide 3: Speakers from Afarak Group
Speakers from Afarak Group • Guy Konsbruck, CEO • Predrag Kovacevic, CFO • Michael Lillja, Commercial Director 3
Slide 4: Agenda
Agenda • Overview • Mining & Production Asset Overview • Q3 results • Sustainability • Q&A 4
Slide 5: Resilient performance in Q3
Resilient performance in Q3 • Despite the seasonal effects and specific EBITDA, EUR million circumstances, Afarak displayed resilience 20 in Q3 18 • In quarter three, Group EBITDA, stood at 15.4 16 14 12.7 12 10 EUR -2.2 million, up from EUR -2.8 million 8 6 4.8 a year earlier 3.3 • Ferrochrome pric
Slide 6: Segment performance
7 A a Segment performance
Slide 7: Segments, Q3 2017
Segments, Q3 2017 Speciality Alloys FerroAlloys Production, mining (mt) Higher productivity at TMS, Increased activity at Stellite; Turkey higher yields from shaking tables and continuosly improving mining at Mecklenburg Production, processing Shorter shutdown period in Higher productivity at EWW du
Slide 8: Financial results
7 A a Financial results
Slide 9: Results, Q3 2017
Results, Q3 2017 € million Q3 2017 Q3 2016 Y-o-Y Comments Revenue 44.2 28.9 Higher sales volumes and prices in both Speciality and FerroAlloys segments EBITDA -2.2 -2.8 Improvement due to improved market conditions, though higher costs of production in line with seasonal effects EBIT -4.2 -4.5 and a
Slide 10: Financial indicators & balance sheet
Financial indicators & balance sheet Q1-Q3 Q1-Q3 2017 2016 Comments Return on Equity (ROE), % 1.4 -3.5 Significantly improved, due to strong Return on Capital Employed (ROCE), % 8.1 -1.3 performance during 2017 Equity ratio, % 64.4 66.2 Gearing ratio, % -1.3 0.4 Improved on account of a stronger cas
Slide 11: Sustainability
7 A a Sustainability
Slide 12: Health & Safety
Health & Safety • During quarter three 2017, there were 20 (Q3/2016:6) recordable injuries, of which 7 (Q3/2016:3) were lost-time injuries • These injuries resulted in 169 (Q2/2016: 62) lost days due to injury, increasing the lost time injury frequency rate to 12.3, from 6.9 a year earlier • Whereas
Slide 13: Environment
Environment • Water management and conversation plays a key role in the Company’s environmental strategy • At the TMS mines in Turkey, the Company has continued to invest in press filter systems, which will allow for the recycling and reuse of water • At Mogale in South Africa, work is underway on a
Slide 14: Community investment
Community investment • Afarak invested substantially in the Magakala Community in the areas of Sefara and Madifahlane in South Africa • Afarak invested in the purchase and installation of 10 water tanks with a capacity of 10,000 litres each • This project also supported local entrepreneurship and lo
Slide 15: Thank you.
Thank you. Welcome