Sidma Steel S.a. · ATHEX:SIDMA
Sidma Steel — Investor Presentation (May 2023)
14 slides from Sidma Steel's investor presentation, May 2023
Slide 1: Corporate Presentation
Corporate Presentation
Slide 2: Contents
CONTENTS 1. About Us ✓ General Information - Shareholders ✓ Group Structure ✓ Our premises ✓ Products & Services ✓ Customer Base 2. Steel Sector ✓ Steel Cycle & EBITDA / cash flow relationship ✓ Steel Price Evolution ✓ Production, Imports & Exports in Greece 3. Financial Results ✓ Consolidated Finan
Slide 3: General Information - Shareholders
General Information - Shareholders SIDMA Steel is active in the trade and industrial processing of steel products and operates integrated service and steel processing centers in Athens, Thessaloniki, Bucharest, Timisoara and Sofia. At the same time, it is active in the design, production and marketi
Slide 4: Group Structure
Group Structure SIDMA STEEL S.A. 100% SIDMA Worldwide Ltd 100% 100% SIDMA Romania SRL SIDMA Bulgaria EAD SIDMA Romania SRL was founded in 2005 and SIDMA Bulgaria EAD was founded in 2005 and operates, like mother company, an integrated operates, like mother company, an integrated Steel Service Center
Slide 5: Local Premises
Local Premises CATEGORY ASPROPYRGOS THESALONIKI LAMIA AREA 35.000 m² 53.000 m² 43.000 m² COVERED AREA 13.500 m² 20.000 m² 10.500 m² MECHANICAL Shotblasting Machine/ CNC Lased & Bed for Slitting and Cut-to-length lines Production Facilities of Polyurethane Panel) EQUIPEMENT Metal Cutting/Saw PRODUCTI
Slide 6: Premises Abroad
Premises Abroad Romania CATEGORY Bulgaria Bucharest/Timisoara AREA 35.000 m² 39.000 m² 6.500 m² Own & COVERED AREA 9.000 m² 1.820 m² Leased MECHANICAL Slitting and Cut-to-length lines Slitting and Cut-to-length lines EQUIPEMENT PRODUCTION 100.000 Μ.Τ. 85.000 Μ.Τ. CAPACITY SALES 85 % of total sales f
Slide 7: Typical Product & Services
Typical Product & Services Corrugated Products www.sidma.gr 7
Slide 8: Customer Base
Customer Base ✓ Manufacturers and industries, utilizing steel products as raw material for their production. ✓ Traders of steel and related materials. ✓ Constructors of metallic parts and mechanical industry. ✓ Construction companies and joint ventures for public and private projects. The Company is
Slide 9: Steel Cycle & EBITDA / cash flow relationship
Steel Cycle & EBITDA / cash flow relationship 1) The Company buys and sells products at spot prices generally 2) Sales increase as a function of the steel price inflation environment 3) Cost of material are based on an average cost method for inventory and therefore lag the steel price increase 4) T
Slide 10: Steel Price Evolution
Steel Price Evolution Bookings of Hot Rolls – May 2023 • Import outside EU decreased due to trade regulations • 50% from all Flat products and nearly 100% of the raw material for Rebars production was imported from Ukraine before 2022 • Steel price increased by more than 80% since 2020 % of Change w
Slide 11: Group Financials as of 31.12.2022 – P&L
Group Financials as of 31.12.2022– P&L Income Statement Comments Category 2022 Dec 2021 Dec Δ% Turnover (sales) 265.304.207 226.409.561 17,2% • Part of the increase comes from the sales volume (2,1%) and the rest from the increase in sales prices. Incl. Consignment sales 314.048.722 274.258.325 14,5
Slide 12: Group Financials as of 31.12.2022 – B&S
Group Financials as of 31.12.2022– B&S Balance sheet Comments Category 2022 Dec 2021 Dec Δ% Inventories 44.612.742 42.095.202 6,0% • Increase due to rising prices of raw materials. The average price on Dec. 22 was 12.8% higher than the corresponding one on Dec. 21. Receivables 56.342.122 54.937.180
Slide 13: Production, Imports & Exports
Production, Imports & Exports Crude Steel Production in Greece Imports & Exports of finished and semi- finished steel products in Greece Source: EUROFER, ELSTAT, WorldSteel.org www.sidma.gr 13
Slide 14: Risk Management
Risk Management ✓ Effective risk management is central to SIDMA’s success and growth. ✓ Sources of risk: Source Action Credit Insurance Client Default 80% receivables are presently covered Keep low inventories Market Cyclicality Long term relationship with suppliers More value-added products Broad s