Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — AMG Advanced Metallurgical Group — Shareholder Meeting (May 2019)
9 slides from Amg Critical Materials's shareholder meeting presentation, May 2019
Slide 1: Enabling CO2 Reduction – Annual General Meeting Financial Presentation May 2019
ENABLING CO2 REDUCTION ANNUAL GENERAL MEETING FINANCIAL PRESENTATION MAY 2019 AMG ADVANCED METALLURGICAL GROUP N.V.
Slide 2: 2018 Financial Review and Q1 2019 Financial Highlights
2018 Financial Review Financial Highlights 3 Financial Data & ROCE 4 Q1 2019 Financial Highlights Financial Highlights 6 Operational Update 8
Slide 3: Cautionary Note
CAUTIONARY NOTE THIS DOCUMENT CONTAINS PROPRIETARY INFORMATION AND IS BEING PROVIDED SOLELY FOR INFORMATION PURPOSES 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 PU
Slide 4: Divisional Financial Highlights – FY 2018 vs. FY 2017
DIVISIONAL FINANCIAL HIGHLIGHTS – FY 2018 VS. FY 2017 REVENUE GROSS MARGIN FY 2018 $1,310.3 MILLION FY 2018 24.1% FY 2017 $1,059.7 MILLION FY 2017 20.3% AMG Critical $1,050.5 FY 2018 AMG Critical 23.0% Materials $814.4 FY 2017 Materials 18.4% AMG $259.8 FY 2018 AMG 28.4% Engineering $245.2 FY 2017 E
Slide 5: 5 Year Trend: EBITDA & ROCE
5 YEAR TREND: EBITDA & ROCE EBITDA (IN MILLIONS OF US DOLLARS) • 2018 EBITDA is up 73% due $217.1 to improved profitability within Critical Materials propelled by higher vanadium prices, as $125.5 73% well as improved product mix $100.7 $85.7 $75.6 YoY and strong sales volumes across much of the por
Slide 6: 5 Year Trend: Net Debt & Operating Cash Flow
5 YEAR TREND: NET DEBT & OPERATING CASH FLOW NET DEBT (CASH) (IN MILLIONS OF US DOLLARS) $87.8 • Net cash at year end: $0.5 million ENDED 2018 IN A NET • AMG’s primary debt CASH facility is a $650 million term POSITION loan and revolving credit $7.3 $10.3 facility o $350 million 7-year senior ($1.0)
Slide 7: Q1 2019 Financial Highlights
Q1 2019 FINANCIAL HIGHLIGHTS Revenue: $346.5M • 12% increase from the same period in 2018 EBITDA: $50.4M • 13% increase from the same period in 2018 • Driven by improved average vanadium and chrome prices, and higher sales volumes of lithium concentrate and antimony products ROCE: 28.3% • Continued
Slide 8: Q1 2019 Financial Highlights
Q1 2019 FINANCIAL HIGHLIGHTS AMG Critical • Revenue: $228.6 million Materials • Gross profit: $37.6 million • 1% increase in EBITDA versus Q1 2018 A M G Te c h n o l o g i e s • Revenue: $117.9 million • 13% increase in gross profit over Q1 2018 • 40% increase in EBITDA versus Q1 2018 March 31, 2019
Slide 9: Operational Update
OPERATIONAL UPDATE AMG CRITICAL MATERIALS AMG TECHNOLOGIES • AMG Lithium – achieved startup on our first lithium • AMG Technologies division was formed from a concentrate plant, and made the first shipment of combination of AMG Engineering and AMG commercial-grade spodumene in September 2018 to Tita
AMG Advanced Metallurgical Group — Shareholder Meeting (May 2019) on 6ix