Acerinox Sa · BME:ACX

Acerinox Sa — FY2022 Earnings Presentation

13 slides from Acerinox Sa's earnings presentation, 2023

  1. Slide 1: FY 2022 Results presentation

    1 FY 2022 Results presentation

  2. Slide 2: Disclaimer

    2 Disclaimer This document may contain forward-looking information and statements about ACERINOX, S.A., its subsidiaries and/or its management. These forward-looking statements include financial projections and estimates and their underlying assumptions, and statements regarding the intent, belief or

  3. Slide 3: Acerinox: The Best Shape in its History

    FY 2022 RESULTS PRESENTATION 3 Acerinox: The Best Shape in its History Supply chain issues and trade defense measures continue to make imports less 01 attractive Regionalization trend will attract more purchases in local markets and will contribute 02 to increasing stainless steel consumption. It is

  4. Slide 4: Acerinox: 2022 a Record Year

    FY 2022 RESULTS PRESENTATION 4 Acerinox: 2022 a Record Year Financial & operating Strategy ESG Record Net Sales Value Added: Diversification through HPA of €8.7 billion Highest recognition in ● VDM record EBITDA of Sustainability, the €125 million Incorporation of 122 Platinum award, Record EBITDA of

  5. Slide 5: Strong Contributor to the Circular Economy

    FY 2022 RESULTS PRESENTATION 5 Strong Contributor to the Circular Economy Key ESG Targets 2022 Acerinox establishes 6 sustainability targets with a 2030 vision associated with the pillars of the 360º Positive Impact Plan. The Group seeks to reuse, reduce and recycle as many of the resources used as

  6. Slide 6: FY 2022 Record Results in a challenging year

    FY 2022 RESULTS PRESENTATION 6 FY 2022 Record Results in a challenging year Million EUR 2022 2021 % 2022 / 2021 2022 First Half positive market behaviour Melting production (‘000 Mt) 2,190 2,619 -16% Second part of the year affected by the destocking Net Sales 8,688 6,706 30% due to a deterioration

  7. Slide 7: Q4 Results: Weaker EBITDA but Outstanding FCF

    FY 2022 RESULTS PRESENTATION 7 Q4 Results: Weaker EBITDA but Outstanding FCF Q4 Q3 Q4 % Q4 22 / % Q4 22 / Million EUR 2022 2022 2021 Q3 22 Q4 21 Q4 Market Highlights Melting production 397 502 627 -21% -37% (‘000 Mt) HPA DIVISION Net sales 1,693 2,175 1,937 -22% -13% Strong HPA market despite the ty

  8. Slide 8: Stainless Steel Division Highlights

    FY 2022 RESULTS PRESENTATION 8 Stainless Steel Division Highlights Highlights Q4 Q3 Q4 FY FY % Q4 22 / % FY 22 / Million EUR 2022 2022 2021 2022 2021 Q4 21 FY 21 FY Melting production Record Net Sales 379 482 608 2,108 2,541 -38% -17% (‘000 Mt) Highest EBITDA ever Net sales 1,351 1,838 1,709 7,426 5

  9. Slide 9: High Performance Alloys Highlights

    FY 2022 RESULTS PRESENTATION 9 High Performance Alloys Highlights FY Highlights Million EUR Q4 Q3 Q4 FY FY % Q4 22/ % FY 22/ 2022 2022 2021 2022 2021 Q4 21 FY 21 Record year in production and results: ● Production 82 thousand tones Melting production 19 20 19 82 78 -2% 5% ● Net sales: €1.3 billion (

  10. Slide 10: FY operating FCF €544 million, 23% of Market Cap at December 31st 2022

    FY 2022 RESULTS PRESENTATION 10 FY operating FCF €544 million, 23% of Market Cap at December 31st 2022 FY Million EUR FY Highlights Operating cash flow €544 million in the full year FY shareholder returns of €336 million (14% of market cap at December 31st 2022) We have once again demonstrated our fle

  11. Slide 11: Conclusions & Outlook

    FY 2022 RESULTS PRESENTATION 11 Conclusions & Outlook 01 02 03 04 A further deterioration of Q4 results also impacted The Group continues to deploy Stainless market conditions in HPA contributed well with all programmes it has in place negatively by a material Q4 due to accelerated EBITDA currently

  12. Slide 12: FY 2022 RESULTS PRESENTATION ACERINOX 2020 RESULTS PRESENTATION

    FY 2022 RESULTS PRESENTATION 12 ACERINOX 2020 RESULTS PRESENTATION

  13. Slide 13: Q&A

    13 Q&A

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