Months Investor Presentation

Save this PDF as:

Size: px
Start display at page:

Download "Months Investor Presentation"

Transcription

1

2 Months Investor Presentation

3 Disclaimer Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations, estimates, targets, assessments and opinions. Erdemir has made the necessary arrangements about the amounts and results of such information through its Disclosure Policy and has shared such policy with the public through the Erdemir website, in accordance with the Capital Markets Board regulations. As stated in related policy, information contained in forward-looking statements, whether verbal or written, should not include unrealistic assumptions or forecasts. It should be noted that, actual results could materially differ from estimates taking into account the fact that they are not based on historical facts but are driven from expectations, beliefs, plans, targets and other factors which are beyond the control of our Company. As a result, forwardlooking statements should not be fully trusted or taken as granted. Forward-looking statements should be considered valid only considering the conditions prevailing at the time of the announcement. In cases where it is understood that forward-looking statements are no longer achievable, such matter will be announced to the public and the statements will be revised. However, the decision to make a revision is a result of a subjective evaluation. Therefore, it should be noted that, when a party is coming to a judgement based on estimates and forward-looking statements, our Company may not have made a revision at that particular time. Our Company makes no commitment to make regular revisions which would fully cover changes in every parameter. New factors may arise in the future which may not be possible to foresee at this moment in time. 3

4 2018 Market Overview

5 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-16 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-16 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-16 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Crude Steel Production 15,0% EU28 Crude Steel Production (% yoy) 15,0% China Crude Steel Production (% yoy) 10,0% 10,0% 5,0% 5,0% 0,0% 0,0% -5,0% -5,0% -10,0% -10,0% 15,0% CIS Crude Steel Production (% yoy) 10,0% 5,0% 0,0% -5,0% -10,0% 5 Source: Worldsteel

6 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Coking Coal, Iron Ore & Scrap Prices Coking Coal Prices (HCC Peak Downs Region FOB Australia) Iron Ore Prices (IODEX 62% Fe CFR North China Mid) Scrap Prices (HMS CFR Turkey Mid) Source: Platts / IODEX

7 Turkish Steel Production & Consumption Production (mn tons) % M M 2018 Consumption (mn tons) % M M 2018 Flat Long 7 Source: TSPA

8 Turkish Steel Exports & Imports Exports (mn tons) % M M 2018 Imports (mn tons) % M M 2018 Slab Flat Steel Billet Long Steel 8 Source: TSPA

9 2018 9M Results

10 Operational and Financial Highlights Operational Highlights M M 2018 Growth (YoY) Liquid Steel Production (000 tons) 9,373 9,392 6,998 6, % Flat Steel Production* (000 tons) 7,072 7,713 5,728 5, % Long Steel Production (000 tons) 1,572 1, % Flat Steel Shipments (000 tons) 7,163 7,594 5,590 5, % Long Steel Shipments (000 tons) 1,587 1,364 1, % Financial Highlights M M 2018 Growth (YoY) Net Sales Revenue (USD mn) 3,855 5,115 3,701 4, % EBITDA (USD mn) 895 1,496 1,038 1, % Net Profit (USD mn) 502 1, % All figures are on IFRS consolidated basis unless stated otherwise. (*) Total flat steel production of Ereğli and İskenderun Plants. 10

11 Liquid Steel Production (000 tons) 9,122 9,373 9,392 6,998 6,949 2,318 2,316 2, M M 2018 Q Q Q

12 Crude Steel Capacity Utilization Ratio 93% 96% 100% 97% 97% 96% 78% 76% 70% 69% 72% M 2018 Erdemir World* 12 As of August 2018, Worldsteel no longer publishes global capacity utilization ratio for anti-trust reasons. Source: Worldsteel

13 Production (000 tons) HRC production increased by 7.8% YoY in Q ,963 1,563 8,644 1,572 9,041 1,328 1,820 1,781 1,822 6,721 6, ,580 5,291 5,891 1,356 4,372 1,304 4,583 2,229 2,164 2, ,416 1,528 1, M M 2018 Q Q Q Hot Cold Long 13 Slab production for 3rd parties was included in HRC production.

14 Sales Volume (000 tons) HRC sales increased by 3.3% YoY in 9M ,781 8,750 8,958 1,552 1,587 1,364 1,845 1,860 1,908 6,596 1,006 6, ,384 5,303 5,686 1,418 4,172 1,282 4,309 2,220 2,013 2, ,394 1,411 1, M M 2018 Q Q Q Hot Cold Long 14 Slab sales for 3rd parties were included in HRC sales.

15 Net Sales Revenue (USD mn) Net sales revenue increased by 14.2% YoY in 9M ,115 4, ,947 3, , , ,2% ,6% M M 2018 Q Q Q Export Domestic 15

16 Flat & Long Steel Domestic Sales Breakdown Flat Steel Domestic Sales 13% (578) 11% (542) 19% (852) 4,536K ton 9M % (2.334) Pipe&Profile and Rolling Distribution Chains General Manufacturing Industry 18% (838) 4,769K ton 9M % (2.503) 17% (772) Automotive 19% (886) Long Steel Domestic Sales 33% (195) 601K ton 9M % (146) 43% Rebar and Profile Producers (260) General Manufacturing Industry High Carbon and Special Qualities 23% (199) 23% (207) 879K ton 9M % (473) 16

17 Steel Exports Breakdown By Region 7% (83) 1% (9) 9% (102) 3% (31) 1,110K 9M % (885) EU MENA North America Asia South America Other 10% (93) 6% (59) 6% (60) 4% (34) 2% (16) 948K 9M % (686) 17

18 EBITDA & Net Profit EBITDA (USD mn) 17.6% 23.2% EBITDA Margin (%) 29.2% 28.1% +31,4% 32.3% 33.8% 27.0% 32.2% , M M 2018 Q Q Q Net Profit (USD mn) Net Profit Margin (%) 9.4% 13.0% 20.1% 19.3% 20.2% +19.5% 18.1% 24.7% 16.0% , M M 2018 Q Q Q

19 EBITDA Net Profit (140) (510) (38) 852 EBITDA 9M 2018 Depreciation Interest Inc. from Overdue Sales- Rediscount Inc./(Exp.) Net Operating Income Finance Inc./(Exp.) Tax Inc./(Exp.) Non-Controlling Interests Net Profit 9M

20 EBITDA Net Cash (418) (357) (163) 497 (23) (16) (660) (66) (268) EBITDA 9M 2018 Changes in Working Capital Interest Inc. from Overdue Sales Interest Inc./(Exp.) Net Taxes Paid Net Cash used in Investing Activities Free Cash Flow Contribution to the Capital Increase of Linde Gaz A.Ş. Credit Usage/ (Payment) Net Dividend Paid Other Change in Cash 9M

21 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q EBITDA per Ton* (USD/ton) Main Product 21 *One-off income/expense items are excluded.

22 Financial Figures Consolidated Net Assets (USD mn) Growth (Year-to-Date) Cash and Cash Equivalents 1,865 1,597-14% Working Capital 1,740 2,158 24% Tangible and Intangible Assets 3,549 3,540-0% Financial Liabilities (1,190) (1,175) -1% Provisions and Other (866) (904) 4% Net Assets 5,098 5,216 2% Working Capital (USD mn) Growth (Year-to-Date) Trade Receivables % Inventories 1,336 1,553 16% Trade Payables (250) (265) 6% Other (31) % Working Capital 1,740 2,158 24% 22

23 Financial Borrowings (USD mn) , (190) (675) (422) M 2018 Net Debt Short-Term Debt Long-Term Debt 23

24 Net Debt (USD mn) (660) (90) 422 Net Cash Dec Free Cash Flow Dividend Paid Other Net Cash Sep

25 Borrowings Maturity Profile (USD mn) 1, Sep Cash Oct.-Dec Principal Revolving Trade Financing Loans Interest 25

26 Cost of Sales Breakdown* (%) Raw Materials Personnel Expenses Purchased Energy Expenses Depreciation and Amortization Exp. Other M 2018 Raw Materials Breakdown (%) Iron Ore&Pellet Coal Scrap Other M * Excluding inventory writedowns and provision released.

27 Capital Expenditures (USD mn) 1, M 2018 Capital Expenditures Fixed Assets Acquisition 27

28 Number of Employees 12,872 12,801 12,659 12,277 11,975 11, Sep

29 29 Erdemir Investor Relations

Turkish Steel Industry s Interaction with MENA

Turkish Steel Industry s Interaction with MENA Turkish Steel Industry s Interaction with MENA ADALAT KAZIMLI, Marketing and Sales Director International Trade, December, 214 1/23 ISDEMIR Port 2/23 World GDP Growth Emerging countries are the driving

More information

1. Trends in the current fiscal year and previous fiscal year 3. Business overview 2. Secular trends in first quarter financial results

1. Trends in the current fiscal year and previous fiscal year 3. Business overview 2. Secular trends in first quarter financial results FY2/19 (March 2018~May 2018) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P. 1 (1) No. of students at the end of month P. 6 (2)

More information

TOFAŞ RESULTS WEBCAST PRESENTATION

TOFAŞ RESULTS WEBCAST PRESENTATION TOFAŞ 31.12.2016 RESULTS WEBCAST PRESENTATION 02.02.2017 1 WEBCAST AGENDA Highlights Turkish Automotive Industry Production Domestic Market Developments Tofaş Domestic Market Performance Export Markets

More information

Q Analyst Teleconference. 9 August 2018

Q Analyst Teleconference. 9 August 2018 9 August 218 Disclaimer This presentation contains forward-looking statements that reflect the Company management s current views with respect to certain future events. Although it is believed that the

More information

FY2/18 2Q(March 2017~August 2018)

FY2/18 2Q(March 2017~August 2018) FY2/18 2Q(March 2017~August 2018) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P.1 (1) No. of students at the end of month P.7 (2)

More information

BlueScope Steel Limited Consolidated Financial Headlines

BlueScope Steel Limited Consolidated Financial Headlines BlueScope Steel Limited Consolidated Financial Headlines 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2013 2013 2014 2014 2014 2015 2015 2015 2016 2016 2016 2017 2017 2017 2018 2018 2018 Total

More information

TOFAŞ Q ANALYST PRESENTATION

TOFAŞ Q ANALYST PRESENTATION TOFAŞ Q1 2016 ANALYST PRESENTATION 03.05.2016 1 2016 Q1 AGENDA Highlights Turkish Automotive Industry Production & Capacity Utilization Domestic Market Developments Tofaş Domestic Market Performance Export

More information

Baoshan Iron & Steel Co., Ltd. August 2010

Baoshan Iron & Steel Co., Ltd. August 2010 Baoshan Iron & Steel Co., Ltd. August 2010 1 Disclaimer: The following presentation distributed herewith includes forwardlooking statements. All statements, other than statements of historical facts, that

More information

TOFAŞ RESULTS WEBCAST PRESENTATION

TOFAŞ RESULTS WEBCAST PRESENTATION TOFAŞ 31.12.2017 RESULTS WEBCAST PRESENTATION 02.02.2018 AGENDA Highlights Turkish Automotive Industry Production Domestic Market Developments Tofaş Domestic Market Performance Export Markets & Tofaş Performance

More information

RESULTS FOR Q ANALYST TELECONFERENCE

RESULTS FOR Q ANALYST TELECONFERENCE RESULTS FOR Q4 216 ANALYST TELECONFERENCE Market 1 2 Operation Financials 3 Market 1 216 Fourth Quarter Market Conditions Product Market Crude Oil Postponed Maintenances Started to take place High Agricultural

More information

ANALYST BRIEFING FOR THE FOURTH QUARTER ENDED FEBRUARY 2017

ANALYST BRIEFING FOR THE FOURTH QUARTER ENDED FEBRUARY 2017 ANALYST BRIEFING FOR THE FOURTH QUARTER ENDED 2016 22 FEBRUARY 2017 MSM Malaysia Holdings Berhad Analyst Briefing Q4 2016 22/2/2017 1 CONTENTS 01 02 03 04 05 Group Financial Highlights Performance Review

More information

282m 75% +575m. Net sales Operating income before non-recurring items. Operating margin before non-recurring items. Net Loss.

282m 75% +575m. Net sales Operating income before non-recurring items. Operating margin before non-recurring items. Net Loss. First-Half 2009 Financial Highlights Net sales Operating income before non-recurring items Operating margin before non-recurring items Net Loss Net debt-to-equity ratio Free cash flow** 7,134m 282m 4.0%

More information

9M 2003 Financial Results (US GAAP)

9M 2003 Financial Results (US GAAP) 9M Financial Results (US GAAP) January 2004 LUKOIL Group Crude Oil Production* mln tonnes 82 80 78 76 74 72 70 68 66 64 Crude oil production 3.2 5.5 3.9 76.8 70.3 71.3 2001 Production by subsidiaries Share

More information

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Half Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives/ Business

More information

Commercial-in-Confidence Ashton Old Baths Financial Model - Detailed Cashflow

Commercial-in-Confidence Ashton Old Baths Financial Model - Detailed Cashflow Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 2,038 2,922 4,089 4,349 6,256 7,124 8,885 8,885 8,885 8,885 8,885 8,885 9,107

More information

JAGUAR LAND ROVER RESULTS FOR THE THREE MONTHS ENDED 31 DECEMBER th FEBRUARY 2017

JAGUAR LAND ROVER RESULTS FOR THE THREE MONTHS ENDED 31 DECEMBER th FEBRUARY 2017 JAGUAR LAND ROVER RESULTS FOR THE THREE MONTHS ENDED 31 DECEMBER 2016 14 th FEBRUARY 2017 DISCLAIMER Statements in this presentation describing the objectives, projections, estimates and expectations of

More information

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT AUGUST 2018

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT AUGUST 2018 BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT AUGUST 2018 0 Note: This report has been prepared in accordance with IFRS 9. Financial statistics for the period ended August 2018 Aug 18 Jul 18 June 18

More information

FY2/18 (March 2017~February 2018)

FY2/18 (March 2017~February 2018) FY2/18 (March 2017~February 2018) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P. 1 (1) No. of students at the end of month P. 6

More information

ANALYST BRIEFING FOR THE THIRD QUARTER ENDED NOV 2016

ANALYST BRIEFING FOR THE THIRD QUARTER ENDED NOV 2016 ANALYST BRIEFING FOR THE THIRD QUARTER ENDED 2016 21 NOV 2016 MSM Malaysia Holdings Berhad Analyst Briefing Q3 2016 21/11/2016 1 CONTENTS 01 02 03 04 05 Group Financial Highlights Performance Review Sugar

More information

Full-year Report 2008

Full-year Report 2008 Full-year Report 2008 Joakim Olsson CEO and President February 20, 2009 Innovative Vehicle Technology 2009-02-20 Summary 2008 Orders received of SEK 7,923m (8,098) Currency adjusted orders decreased with

More information

FY2/17 3Q(March 2016~November2016)

FY2/17 3Q(March 2016~November2016) FY2/17 (March 2016~November2016) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P. 1 (1) No. of students at the end of month P. 7

More information

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT JULY 2018

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT JULY 2018 BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT JULY 2018 Note: This report has been prepared in accordance with IFRS 9. Financial statistics for the period ended July 2018 Jul 18 June 18 May 18 Apr 18

More information

FY H1 Financial Results

FY H1 Financial Results FY2011 1 H1 Financial Results November 8, 2010 1 Copyright(C) 2010 Isuzu Motors Limited All rights reserved Contents Ⅰ. President and Representative Director : Susumu Hosoi :FY2011 H1 Financial Summary

More information

FY2/17 (March 2016~February 2017)

FY2/17 (March 2016~February 2017) FY2/17 (March 2016~February 2017) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P. 1 (1) No. of students at the end of month P. 7

More information

1 st Half Joakim Olsson CEO and President July 17, Innovative Vehicle Technology

1 st Half Joakim Olsson CEO and President July 17, Innovative Vehicle Technology 1 st Half 2009 Joakim Olsson CEO and President July 17, 2009 Innovative Vehicle Technology 2009-07-17 Summary 1st half 2009 Sales of SEK 2,971m (4,473) Adjusted for currency exchange rates, sales declined

More information

Cosmo Oil Co., Ltd. Presentation on Results for First Quarter of Fiscal 2012 August 2, 2012 Director: Satoshi Miyamoto

Cosmo Oil Co., Ltd. Presentation on Results for First Quarter of Fiscal 2012 August 2, 2012 Director: Satoshi Miyamoto Cosmo Oil Co., Ltd. Presentation on Results for First Quarter of Fiscal 2012 August 2, 2012 Director: Satoshi Miyamoto Copyright 2012 COSMO OIL CO.,LTD. All Rights Reserved. Key Points of Financial Results

More information

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 Nine Month Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives 1

More information

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Quarter Results Fiscal Year March 2018 Full Year Forecast Structural Reform Stage 2 Progress

More information

Economic & Steel Market Development in Japan

Economic & Steel Market Development in Japan 1 Economic & Steel Market Development in Japan 68 th OECD Steel Committee Paris May 6-7, 2010 The Japan Iron & Steel Federation 2 Macro-economic overview Steel Supply and Demand v v v Steel Production

More information

ENEL PUBLISHES 2018 SECOND QUARTER AND FIRST HALF GROUP OPERATING DATA REPORT

ENEL PUBLISHES 2018 SECOND QUARTER AND FIRST HALF GROUP OPERATING DATA REPORT Media Relations Investor Relations T +39 06 8305 5699 T +39 06 8305 7975 F +39 06 8305 3771 F +39 06 8305 7940 ufficiostampa@enel.com investor.relations@enel.com enel.com enel.com ENEL PUBLISHES 2018 SECOND

More information

FY2/16(March 2015~February 2016)

FY2/16(March 2015~February 2016) FY2/16(March 2015~February 2016) 1. Trends in the current fiscal year and the previous fiscal year 3. Business overview (1) Peformance overview P.1 (1) No. of students at the end of month P.7 (2) Cost

More information

2010 1Q Investor Meeting. May 2010

2010 1Q Investor Meeting. May 2010 2010 1Q Investor Meeting May 2010 This presentation contains preliminary figures which may be materially different from the final figures. While the statements in this presentation represent our current

More information

Q3 report Joakim Olsson CEO and President October 24, Innovative Vehicle Technology

Q3 report Joakim Olsson CEO and President October 24, Innovative Vehicle Technology Q3 report 2008 Joakim Olsson CEO and President October 24, 2008 Innovative Vehicle Technology 2008-10-24 Summary YTD 2008 Orders Received of 6 401 MSEK (6 077) Currency adjusted orders increased with 9

More information

Lazydays Holdings, Inc. Reports Second Quarter 2018 Financial Results

Lazydays Holdings, Inc. Reports Second Quarter 2018 Financial Results News Contact: +1 (813) 204-4099 investors@lazydays.com Lazydays Holdings, Inc. Reports Second Quarter 2018 Financial Results Tampa, FL (August 9, 2018) Lazydays Holdings, Inc. ( Lazydays )(NasdaqCM: LAZY)

More information

FY2/15(March 2014~February 2015)

FY2/15(March 2014~February 2015) FY2/15(March 2014~February 2015) 1. Trends in the current fiscal year and the previous fiscal year 3. Business overview (1) Peformance overview P.1 (1) No. of students at the end of month P.7 (2) Cost

More information

BUSINESS OVERVIEW FEBRUARY

BUSINESS OVERVIEW FEBRUARY BUSINESS OVERVIEW FEBRUARY 2018 Except for historical information, the statements made in this presentation constitute forward looking statements. These include statements regarding the intent, belief

More information

2015 Interim Results Announcement

2015 Interim Results Announcement China Petroleum & Chemical Corporation 2015 Interim Results Announcement August 27, 2015 Hong Kong Cautionary Statement This presentation and the presentation materials distributed herein include forward-looking

More information

Healthier Net Profit under Stronger IDR

Healthier Net Profit under Stronger IDR Investor Bulletin, First Half 2002 Healthier Net Profit under Stronger IDR As of June 2002, the consolidated revenue in USD increased by 32% y.o.y. Due to IDR strengthening against USD, in IDR revenue

More information

Financial Results for First Half of FY2014 (April 1- September 30) Investor meeting. October 31, 2014

Financial Results for First Half of FY2014 (April 1- September 30) Investor meeting. October 31, 2014 Financial Results for First Half of FY2014 (April 1- September 30) Investor meeting October 31, 2014 1 CONTENTS 1. Financial Results for First Half of FY2014 2. Forecast for FY2014 3. Cash Flow and Debt

More information

Financial Statements Matti Lievonen, President & CEO 7 February 2017

Financial Statements Matti Lievonen, President & CEO 7 February 2017 Financial Statements 2016 Matti Lievonen, President & CEO Agenda 1 2 3 4 Year 2016 Financials 2016 Segment reviews Current topics 5 Appendix 2 Disclaimer The following information contains, or may be deemed

More information

2Q06 Results. Investor Relations

2Q06 Results. Investor Relations 2Q06 Results Investor Relations Content 1. 2Q06 Key Results 2. Summarized Income Statement 3. Balance Sheet as of Jun. 2006 4. Outlook for 2006 5. Result & Outlook By Division Appendix : 2Q06 Results Breakdown

More information

1 st Half 2018 Results. August 1 st, 2018

1 st Half 2018 Results. August 1 st, 2018 1 st Half 2018 Results August 1 st, 2018 H1 HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 2 First Half 2018 Key Messages Challenging market and business environment Continued investment in targeted Brand

More information

RESILIENCE MBM RESOURCES BERHAD ( V) Analyst Briefing 24 August 2017

RESILIENCE MBM RESOURCES BERHAD ( V) Analyst Briefing 24 August 2017 RESILIENCE MBM RESOURCES BERHAD (284496-V) Analyst Briefing 24 August 217 1 1 DISCLAIMER The information and opinions contained in this presentation are provided as at the date of the document. Certain

More information

KCB GROUP PLC INVESTOR PRESENTATION. Q FINANCIAL RESULTS

KCB GROUP PLC INVESTOR PRESENTATION. Q FINANCIAL RESULTS KCB GROUP PLC INVESTOR PRESENTATION. Q3 2018 FINANCIAL RESULTS MACRO-ECONOMIC HIGHLIGHTS Macro-Economic Highlights: Kenya KENYA 4.9% 5.3% GDP Growth Rate (%) 5.6% 5.8% 4.9% 6.3% 6.2% KENYA 2013 2014 2015

More information

PRO-FORMA FIGURES OF THE A2A GROUP

PRO-FORMA FIGURES OF THE A2A GROUP PRO-FORMA FIGURES OF THE A2A GROUP restated at December 31, 2007 published on March 25, 2009 Contents 3 0.1 Summary of pro-forma figures restated at December 31, 2007 7 0.2 Presentation of the pro-forma

More information

First half (2014/3/1~2014/8/31)

First half (2014/3/1~2014/8/31) FY2/15 (March 2014~November 201 4) 1.Trends in current fiscal year and previouse fiscal year 3.Business overview (1)Peformance overview P.1 (1)No. of students at the end of month P.7 (2)Cost of sales breakdown

More information

FY2012. H1 Financial Results. November 8, Copyright(C) 2011 Isuzu Motors Limited All rights reserved

FY2012. H1 Financial Results. November 8, Copyright(C) 2011 Isuzu Motors Limited All rights reserved FY2012 H1 Financial Results November 8, 2011 1 Copyright(C) 2011 Isuzu Motors Limited All rights reserved Ⅰ. President and Representative Director : Susumu Hosoi :FY2012 H1 Financial Summary Outline Ⅱ.

More information

Q3 Results November 16, 2006 Analyst Presentation

Q3 Results November 16, 2006 Analyst Presentation Q3 Results 2006 November 16, 2006 Analyst Presentation Group Sales (in million Euro) Total Sales 2,395 +3.3% (+2.4%)* 2,474 Split per Business Group (YTD) Specialty Products 7% Q3 797 +1.0% (+2.5%)* 805

More information

Results for the Three Months ended June 30, 2018

Results for the Three Months ended June 30, 2018 Reference Translation Results for the Three Months ended June 30, 2018 July 31, 2018 AUTOBACS SEVEN CO., LTD. FY March 2019 Consolidated P/L Profit Loss/Gain: Net sales and gross profit decreased, and

More information

3 rd Quarter 2017 Results

3 rd Quarter 2017 Results Inside your life! 3 rd Quarter 2017 Results October 25, 2017 Mobile Automotive Display Semiconductor IoT LED Contents Ⅰ. Q3 2017 Earnings Summary Ⅱ. Earnings Highlight & Outlook Ⅲ. Results & Outlook by

More information

Third Quarter Results (ended December 31, 2014)

Third Quarter Results (ended December 31, 2014) Fiscal Year 214 (ending March 31, 215) Third Quarter Results (ended December 31, 214) Brother Industries, Ltd. February 4, 215 Information on this report, other than historical facts, refers to future

More information

Pitti Laminations Limited

Pitti Laminations Limited Pitti Laminations Limited (BSE: 513519, NSE: PITTILAM) Q3 FY2016 Earnings Presentation 12 February 2016 Cautionary Statement This presentation contains statements that contain forward looking statements

More information

Q3 & 9M 2018 Results Presentation. October 24 th, 2018

Q3 & 9M 2018 Results Presentation. October 24 th, 2018 Q3 & 9M 2018 Results Presentation October 24 th, 2018 Q3 & 9M HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 3Q and 9M 2018 Results Presentation 2 9 Months 2018 Key Messages Continued challenging trading

More information

Stronger Fundamental and Excellent Growth

Stronger Fundamental and Excellent Growth Investor Bulletin, First Half 2004 Stronger Fundamental and Excellent Growth For the first six months of 2004, PT United Tractors Tbk (UT/Company) recorded consolidated net revenue of IDR 4.29 trillion,

More information

BAZAN Group Oil Refineries Ltd. First Quarter 2014 Results. May 2014

BAZAN Group Oil Refineries Ltd. First Quarter 2014 Results. May 2014 BAZAN Group Oil Refineries Ltd. First Quarter 2014 Results May 2014 1 Disclaimer This presentation has been prepared by Oil Refineries Ltd. (the "Company") as a general presentation of the Company and

More information

BUSINESS YEAR 2007 RESULTS

BUSINESS YEAR 2007 RESULTS BUSINESS YEAR 2007 RESULTS EVOLUTION OF THE STAINLESS STEEL WORLD PRODUCTION Million Mt. YEAR 2003 YEAR 2004 YEAR 2005 YEAR 2006 YEAR 2007 (estimated) 9.5 10.6 2.7 9.8 11.9 2.9 9.1 12.5 2.7 10.3 15.1 3.0

More information

1QFY2018 Financial Results. Quarter Ended 30 June 2017

1QFY2018 Financial Results. Quarter Ended 30 June 2017 1QFY2018 Financial Results Quarter Ended 30 June 2017 Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any

More information

Lazydays Holdings, Inc. Reports Third Quarter 2018 Financial Results

Lazydays Holdings, Inc. Reports Third Quarter 2018 Financial Results News Contact: +1 (813) 204-4099 investors@lazydays.com Lazydays Holdings, Inc. Reports Third Quarter 2018 Financial Results Tampa, FL (November 8, 2018) Lazydays Holdings, Inc. ( Lazydays ) (NasdaqCM:

More information

Jaguar Land Rover Results For the quarter ended 30 June August 2015

Jaguar Land Rover Results For the quarter ended 30 June August 2015 Jaguar Land Rover Results For the quarter ended 30 June 2015 7 August 2015 1 Disclaimer Statements in this presentation describing the objectives, projections, estimates and expectations of Jaguar Land

More information

FY 2010 first-half financial results

FY 2010 first-half financial results FY 2010 first-half financial results November 4, 2010 Nissan Motor Co., Ltd. first-half financial results Key performance indicators: Financial results (billion yen) Net revenue Operating profit Net income

More information

Nissan Motor Co., Ltd. February 12 th, 2019

Nissan Motor Co., Ltd. February 12 th, 2019 Nissan Motor Co., Ltd. February 12 th, 2019 NET REVENUE 2,875.5 3,045.7 OPERATING PROFIT *1 NET INCOME 301.6 FREE CASH FLOW (AUTO) NET CASH (AUTO) 1,311.4 1,334.4 US TAX REFORM 207.7 82.4 103.3 93.9 *2

More information

FY2015 Third Quarter Financial Results

FY2015 Third Quarter Financial Results FY2015 Third Quarter Financial Results Mitsubishi Motors Corporation February 3, 2016 FY2015 Third Quarter Financial Results All-new Pajero Sport 1 FY2015 1-3Q Results Summary (vs. FY2014 1-3Q) Increase

More information

1 Copyright(C) 2012 Isuzu Motors Limited All rights reserved

1 Copyright(C) 2012 Isuzu Motors Limited All rights reserved FY2012 Financial Results May 10, 2012 1 Copyright(C) 2012 Isuzu Motors Limited All rights reserved Contents Ⅰ. President and Representative Director : Susumu Hosoi FY2012 Overview Ⅱ. Director Director

More information

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS New Mazda Demio Mazda Motor Corporation October 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Half Results Fiscal Year March

More information

Fiscal Year 2012: Year of record operational performance

Fiscal Year 2012: Year of record operational performance Ranshofen, February 28, 2013 Fiscal Year 2012: Year of record operational performance Year of record operational performance: - 327,800 tons of external shipments - 266,900 tons of scrap charged in Ranshofen

More information

Third quarter results Matti Lievonen, President & CEO 26 October 2017

Third quarter results Matti Lievonen, President & CEO 26 October 2017 Third quarter results 2017 Matti Lievonen, President & CEO 26 October 2017 Agenda 1. Q3/17 Group financials 2. January-September 2017 review 3. Q3/17 Segment reviews 4. Current topics 5. Appendix 2 Disclaimer

More information

Third Quarter Results (ended December 31, 2013)

Third Quarter Results (ended December 31, 2013) Fiscal Year 213 (ending March 31, 214) Third Quarter Results (ended December 31, 213) Brother Industries, Ltd. February 4, 214 Information on this report, other than historical facts, refers to future

More information

Factbook. Tokyo Electric Power Company Holdings, Inc. August Tokyo Electric Power Company Holdings, Inc. All Rights Reserved.

Factbook. Tokyo Electric Power Company Holdings, Inc. August Tokyo Electric Power Company Holdings, Inc. All Rights Reserved. Factbook Tokyo Electric Power Company Holdings, Inc. August 2018 (Note) Please note that the following to be an accurate and complete translation of the original Japanese version prepared for the convenience

More information

Monthly Operating Report. December 2017

Monthly Operating Report. December 2017 Monthly Operating Report December 20 December overview» For the month of December 20 Contact recorded: Electricity and gas sales of 571 GWh (December 2016: 582 GWh) Netback of $79.23/MWh (December 2016:

More information

INCREASING SALES FOR MINING RELATED BUSINESS

INCREASING SALES FOR MINING RELATED BUSINESS Investor Relations of PT UNITED TRACTORS Tbk INCREASING SALES FOR MINING RELATED BUSINESS In the first half 2001, the Company managed to record increase in net revenue from IDR 2.32 trillion to IDR 3.54

More information

Kongsberg Automotive ASA. Third quarter November 7, 2018

Kongsberg Automotive ASA. Third quarter November 7, 2018 Kongsberg Automotive ASA Third quarter - November 7, Q3 Highlights Continued improvements in turbulent times Revenues increased YoY by MEUR 18.3 (~8%) to MEUR 259 including negative FX effects of MEUR

More information

CREDIT UNION ESTIMATES

CREDIT UNION ESTIMATES MONTHLY CREDIT UNION ESTIMATES Prepared November 1, 2017 by Credit Union National Association Economics and Statistics Department cuna.org/mcue Loans Credit union loans outstanding grew 0.7% in, compared

More information

CREDIT UNION ESTIMATES

CREDIT UNION ESTIMATES MONTHLY CREDIT UNION ESTIMATES Prepared September 28, 2018 by Credit Union National Association Economics and Statistics Department cuna.org/mcue Loans Credit union loans outstanding grew 1.0% in, compared

More information

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT December 2017 Note: The Company adopted IFRS 9 as at 31 December 2016. All impacted figures have been restated from that date. The adoption of IFRS 9 introduced

More information

Bernstein Strategic Decisions Conference 2018

Bernstein Strategic Decisions Conference 2018 Bernstein Strategic Decisions Conference 2018 Forward-Looking Statements Certain statements in this presentation, other than statements of historical fact, including estimates, projections, statements

More information

CREDIT UNION ESTIMATES

CREDIT UNION ESTIMATES MONTHLY CREDIT UNION ESTIMATES Prepared September 4, 2018 by Credit Union National Association Economics and Statistics Department cuna.org/mcue Loans Credit union loans outstanding grew 1.1% in, compared

More information

AOC Holdings, Inc. (TSE:5017)

AOC Holdings, Inc. (TSE:5017) AOC Holdings, Inc. (TSE:5017) (TSE:5017) Report on on Performance in infy2008 (April 1, 1, 2008 2008 March 31, 31, 2009) May May 18, 18, 2009 2009 AOC AOC Holdings, Inc. Inc. www.aochd.co.jp 1 Chapter

More information

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT September 2017 Note: The Company adopted IFRS 9 as at 31 December 2016. All impacted figures have been restated from that date. The adoption of IFRS 9 introduced

More information

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT

BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT BAYPORT SECURITISATION (RF) LTD INVESTOR REPORT November 2017 Note: The Company adopted IFRS 9 as at 31 December 2016. All impacted figures have been restated from that date. The adoption of IFRS 9 introduced

More information

3QFY2018 Financial Results. Quarter Ended 31 December 2017

3QFY2018 Financial Results. Quarter Ended 31 December 2017 3QFY2018 Financial Results Quarter Ended 31 December 2017 Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase,

More information

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS FISCAL YEAR ENDED MARCH 211 FINANCIAL RESULTS Mazda Motor Corporation April 28, 211 Mazda MINAGI 1 PRESENTATION OUTLINE Highlights Fiscal Year Ended March 211 Results In Summary Question & Answer Session

More information

CREDIT UNION ESTIMATES

CREDIT UNION ESTIMATES MONTHLY CREDIT UNION ESTIMATES Prepared August 1, 2018 by Credit Union National Association Economics and Statistics Department cuna.org/mcue Loans Credit union loans outstanding grew 1.3% in, matching

More information

INVESTOR CALL 26 th April, Mahindra Towers

INVESTOR CALL 26 th April, Mahindra Towers INVESTOR CALL 26 th April, 2012 Mahindra Towers The opportunity Indian Hotel Industry Rs. 191 Bn Leisure usage Rs. 101 Bn Source : IBEF - India Brand Equity Foundation Business Model Revenue recognition

More information

Volvo Group THIRD QUARTER 2015 JAN GURANDER. Volvo Group Headquarters Third quarter

Volvo Group THIRD QUARTER 2015 JAN GURANDER. Volvo Group Headquarters Third quarter Volvo Group THIRD QUARTER 2015 JAN GURANDER 1 VOLVO GROUP Third quarter highlights NET SALES SEK bn 12 months 310 bn IMPROVED PROFITABILITY ON FLAT VOLUMES UNDERLYING OPERATING MARGIN 6.9% 67 73 OPERATING

More information

1H 2003 Financial Results (US GAAP)

1H 2003 Financial Results (US GAAP) 1H 2003 Financial Results (US GAAP) October 2003 Crude Oil Production Growth bpd 1.52 1.50 1.48 1.46 1.44 1.42 1.40 Jan- 03 Daily crude production Feb- 03 Mar- 03 Apr- 03 May- 03 Jun- 03 Crude oil production*

More information

Dynasty Ceramic. We are making the impossible, POSSIBLE.

Dynasty Ceramic. We are making the impossible, POSSIBLE. Dynasty Ceramic We are making the impossible, POSSIBLE. Contents Road to Success Sales Reports Cost of Production Performance Competitor Analysis Going Forward Q & A 2 Dynasty Ceramic Road to Success DCC

More information

JAGUAR LAND ROVER INVESTOR CALL

JAGUAR LAND ROVER INVESTOR CALL JAGUAR LAND ROVER INVESTOR CALL RESULTS FOR THE THREE AND SIX MONTHS ENDED 30 SEPTEMBER 2017 Kenneth Gregor, CFO 9 th NOVEMBER 2017 DISCLAIMER Statements in this presentation describing the objectives,

More information

January Manufacturing Technology Orders Off After a Strong December

January Manufacturing Technology Orders Off After a Strong December Contact: Bonnie Gurney, AMT, 703-827-5277 bgurney@amtonline.org For Release: March 9, 2015 January Manufacturing Technology Orders Off After a Strong December January U.S. manufacturing technology orders

More information

FY2015 First Quarter Financial Results. SUZUKI MOTOR CORPORATION 3 August 2015

FY2015 First Quarter Financial Results. SUZUKI MOTOR CORPORATION 3 August 2015 First Quarter Financial Results SUZUKI MOTOR CORPORATION 3 August 2015 Consolidated: Financial Summary Page2 Increased net sales and operating income/ordinary income Decreased net income attributable to

More information

INVESTOR PRESENTATION 2016

INVESTOR PRESENTATION 2016 INVESTOR PRESENTATION 2016 WHY BRISA IS A GREAT COMPANY TO INVEST 1. Fast growing market: o Increasing capacity and new investments of automotive manufacturers o Continued growth potential in the domestic

More information

Jordan Petroleum Refinery Company Equity Report. Jordan Petroleum Refinery Company June June 14, 2009

Jordan Petroleum Refinery Company Equity Report. Jordan Petroleum Refinery Company June June 14, 2009 Jordan Petroleum Refinery Company Equity Report June 14, 2009 Serene Zawaydeh Head of Research Awraq Investments szawaydeh@awraq.com P a g e 1 Table of Contents Executive Summary... 1 Financial Highlights...

More information

2010 Interim Results Presentation. August 23, 2010 Hong Kong

2010 Interim Results Presentation. August 23, 2010 Hong Kong Sinopec Corp. 21 Interim Results Presentation August 23, 21 Hong Kong Disclaimer i This presentation and the presentation materials distributed herein include forwardlooking statements. All statements,

More information

Performance of Wipro Limited for Quarter and Year ended - March 31, 2013

Performance of Wipro Limited for Quarter and Year ended - March 31, 2013 Performance of Wipro Limited for Quarter and Year ended - March 31, 2013 Suresh Senapaty Executive Director and Chief Financial Officer April 19, 2013 1 Financial Summary for the Year Ended March 31, 2013

More information

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model)

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model) FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS Updated Mazda CX-5 (Japanese specification model) Mazda Motor Corporation February 4, 2015 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015

More information

CREDIT UNION ESTIMATES

CREDIT UNION ESTIMATES MONTHLY CREDIT UNION ESTIMATES Prepared June 1, 2018 by Credit Union National Association Economics and Statistics Department cuna.org/mcue Loans Credit union loans outstanding grew 1.1% in, matching the

More information

Financial Information Details

Financial Information Details FY2012, Year Ended March 31, 2013 Financial Information Details Financial Results (Consolidated) 1 Cash-Flows (Consolidated) 2 Subsidiaries 3 Financial Results of Major Subsidiaries,Other Financial Data

More information

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS FISCAL YEAR MARCH 214 FINANCIAL RESULTS Mazda CX-5 Mazda Atenza Mazda Motor Corporation April 25, 214 New Mazda Axela 1 PRESENTATION OUTLINE Highlights Fiscal Year March 214 Results Fiscal Year March 215

More information

DISCLAIMER. Indofood Agri Resources Ltd.

DISCLAIMER. Indofood Agri Resources Ltd. INTEGRATED PLANTATION WITH LEADING BRANDS Company Presentation Q 2008 Results 29 April 2008 DISCLAIMER This presentation was prepared solely and exclusively for the parties presently being invited for

More information

Automotive Holdings Group Limited. Presentation May 2009

Automotive Holdings Group Limited. Presentation May 2009 Automotive Holdings Group Limited Presentation May 2009 Contents About AHG Third Quarter 2009 Performance AHG s strategic response to current economic climate Net Debt Position Automotive Logistics Outlook

More information

NEWS Release. U.S. Manufacturing Technology Orders. Year-to-date U.S. manufacturing technology orders up 4.1% over 2011

NEWS Release. U.S. Manufacturing Technology Orders. Year-to-date U.S. manufacturing technology orders up 4.1% over 2011 U.S. Manufacturing Technology Orders A statistical program of AMT NEWS Release FOR RELEASE: October 8, 2012 Contact: Pat McGibbon, AMT, 703-827-5255 Year-to-date U.S. manufacturing technology orders up

More information