Baoshan Iron & Steel Co., Ltd. August 2010
|
|
- Mabel Allen
- 5 years ago
- Views:
Transcription
1 Baoshan Iron & Steel Co., Ltd. August
2 Disclaimer: The following presentation distributed herewith includes forwardlooking statements. All statements, other than statements of historical facts, that address activities, events or developments that Baoshan Iron & Steel Co., Ltd. (Baosteel) expects or anticipates will or may occur in the future are forward-looking statements. Baosteel's actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to price fluctuations, actual demand, exchange rate fluctuations, competition and other risks and factors beyond our control. 2
3 I. 1H2010 Results II. III. Industry Dynamics Outlook 3
4 Production and Shipment In million tons 1H09 2H09 1H10 YoY HoH Crude steel output % -0.1% Sales of finished product % 1.4% Incl: Domestic % 2.1% Exports % -6.1% 4
5 Financial Highlights Unit 1H09 2H09 1H10 YoY HoH EPS Yuan % 56.4% BVPS Yuan % 4.6% Net CFO per share Yuan % 135.9% Gross margin % ppts 1.8 ppts ROE (Weighted) % ppts - 5
6 1H2010 Sales Volume Breakdown Specialty ; 0.48 ; 4% Stainless ; 0.68 ; 5% Carbon; ; 91% Plate; 1.07 ; 10% CRC; 5.42 ; 47% HRC; 3.04 ; 27% Tube; 0.86 ; 8% Billet; 0.38 ; 3% Wire & bar; 0.53 ; 5% Note: BNA included. Volumes are in million tons. 6
7 P&L Summary In billion Yuan 1H09 2H09 1H10 YoY HoH Revenue % 17.9% Cost % 14.1% Gross profit % 33.7% Gross margin% ppts 1.7 ppts Operating profit % 64.7% Operating margin% ppts 3.1 ppts Net income % 56.4% Net profit margin% ppts 2 ppts 7
8 P&L Summary In billion Yuan 3Q2009 4Q2009 1Q2010 2Q2010 Revenue Cost Gross profit Gross margin% Operating profit Operating margin% Net income Net profit margin%
9 Solvency and Liquidity Unit Chg% Total assets/total debts % ppts Current ratio Quick ratio Unit 1H2010 1H2009 Chg% Days of receivables day Days of inventories day Cash conversion cycle day
10 1H2010 Gross Margin In million tons billion Yuan 1H2010 Shipments Revenue YoY Cost YoY Gross margin CRC % % 28.18% ppts HRC % % 21.67% ppts Heavy plate % % -3.72% 1.89 ppts Tube % % 4.40% ppts Stainless % % 0.57% 2.51 ppts Specialty % % -7.69% 5.03 ppts Others % % 3.14% 7.57 ppts Total % % 16.08% ppts YoY 10
11 Accomplishments in 1H2010 Sales and marketing Only One & Number One products sales: 5.9 million tons, up 46% yoy; Cold-rolled auto sheet sales: 2.35 million tons, up 71% yoy; Meisteel sold 0.44 million tons CRC in 1H and its new cold-rolling line started to make profit in 2Q. All-round cost control Further process optimization helped cut process cost by 3.78% yoy; Energy cost: down 4.2% yoy. Management reform Heavy Plate Branch was integrated into main operations to create synergy. 11
12 I. 1H2010 Results II. Industry Dynamics III. Outlook 12
13 Macro Economic Trends 120% 80% 40% 0% -40% GDP Contribution Cosumption Investment Net export Source:NBS FAI growth is slowing down but is expected to be above 20% in 2010; Consumption is on track to steady expansion while exports are set to recover; 2H GDP growth is expected to be 8.5%-9%. 13
14 In million tons In million tons Steel Supply Analysis Crude steel capacity Capacity Incremental E 2010E 2011E Progress of obsolete capacity elimination target Completion by 2009 Planned in Iron making Steel making Source: CISA On August 8, MIIT published a list of enterprises and urged those on the list to close obsolete capacity by September
15 5S 6S 7S 8S 9S 10S 11S 12S 1S 2S 3S 4S 5S 6S 7S 8S In 100 million tons Steel Supply Analysis Annualized crude steel production Source: CISA Late-July production was down 10.4% from the peak in late April; Large and small mills cut production by 10% and 16.2% respectively in late July; Production picked up in early August to 627 million tons on annualized basis; 2010 crude steel production is expected to reach million tons. 15
16 In million tons Import and Export Analysis Crude steel net export Source: Wind Net export has been rising in 1H but declined in July due to tax rebate cut; Expected net export in 2010: 26 million tons. 16
17 In billion Yuan Demand Analysis-FAI FAI growth 3500 Monthly FAI YTD Chg. YoY Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 0 Source: NBS Long-lead construction projects will continuously drive steel demand; Jan-Jul FAI increased by 24.9% yoy; FAI is expected to grow by at least 20% in 2H
18 In million square meters Demand Analysis-Real Estate Floor space newly started Monthly newly started YTD Chg. YoY (10) (20) (30) Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Source: Wind Government is increasing affordable housing supply by 5.8 million suites in 2010; Assuming 60 m2 per suite, this is equivalent to 30% of construction starts in
19 Demand Analysis-Auto Monthly auto sales(in million units) Auto inventory(days) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Source: CAAM, China Automotive Technology Research Center Jan-Jul auto sales reached million, an increase of 43% yoy; Sales declined since April due to de-stocking, seasonality and macro concerns; Sales is expected to pick up in September and full year sales is expected to reach 17.5 million units, growing by 27%. 19
20 Demand Analysis-Home Appliance Home appliance production YoY change 60.0% Jul-10 YTD % 20.0% 11.1% 45.6% 38.4% 26.8% 20.0% 45.3% 36.9% 30.7% 23.7% 0.0% -20.0% -11.8% Color TV Air conditioner Refrigerator Washing machine Freezer Source: NBS Home appliance posted strong growth in 1H thanks to government incentives and overseas demand recovery; Export may weaken but overall outlook for 2H remains positive. 20
21 Demand Analysis-Machinery Machinery production growth YTD 120% 1Q2009 2Q2009 3Q2009 4Q2009 1Q2010 Jan-Jul % 61.4% 83.6% 69.7% 47.8% 40% 28.4% 14.0% 8.9% 19.7% 0% -40% Cutting machine tools Source: Wind CNC machine tools Bearing Excavator Concrete machinery Machinery production is gaining momentum in 1H ; Locomotives Smelting equipment Mining equipment Growth may moderate due to property curtailment and tightened control over local financing vehicles; However, we expected more infrastructure-related demand from western China in 4Q due to government s strengthened effort in bolstering regional economic growth. 21
22 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec In million DWT Demand Analysis-Ship building Ship-building completion China leads in ship completions, new orders and existing orders in the world; In 1H2010, 29.6 million DWT has been completed, representing 86.7% growth yoy; 1H new orders quadrupled to 23.8 million DWT over the same period last year; Full year demand for ship building plate is expected to be 15.8 million tons, an increase of 29% yoy. Source: NBS 22
23 Inventory Analysis Source: Mysteel Social Inventory In million tons 20-Aug Previous week WoW% MoM% YoY% Rebar (0.8) (5.4) 46.0 Wire (3.7) (9.0) 15.1 HRC CRC Plate Total inventory (0.4) (1.8) 40.4 Iron ore inventory (3.3) (2.6) (1.0) Steel social inventory stood at 15 million tons on August 20, down 19.5% from the peak in early March. 23
24 USD per ton Cost Spot domestic iron ore fine price (including VAT) 1088 Dec-06 Jan-08 Feb-09 Mar Spot imported iron ore fine price nd grade coke price Freight rates Tubarao-Beilun WA-Beilun Source: Mysteel 24
25 Spot Price Spot HRC price Spot CRC price Yuan/ton 25-Aug Compared with End of 2009 Average 2009 Average 2008 Peak 2008 Rebar % 12% -13% -27% HRC % 16% -14% -27% CRC % 10% -13% -27% Plate % 21% -20% -33% Source: Mysteel 25
26 I. 1H2010 Results II. Industry Dynamics III. Outlook 26
27 2010 Planned sales by product Specialty, Stainless, 4% 5% Other, 6% Tube, 7% CRC, 43% HRC, 24% Plate, 11% In million tons 2009A % 2010E % HRC % % Plate % % CRC % % Tube % % Other % % Stainless % % Specialty % % Total % % Note: BNA included. Product mix will be further optimized with No. 5 cold-rolling mill and Meisteel coldrolling mill put into operation. 27
28 In billion Yuan CAPEX CAPEX E 1H2010 CAPEX: 5.2 billion Yuan. 28
29 Major expansion projects Projects Stainless cold-rolling mill Products Galvanized sheet, stainless sheet, etc. Designed capacity (in million tons) Investment (in billion Yuan) Completion Aug-10 Special Steel Sheet project High-temperature alloys, etc Dec-10 Nantong Baosteel project Tube billet Jan-11 Luojing 2nd phase project Continuous-casting billet Mar-11 Lubao Tube project Oriented silicon steel 2nd phase Meisteel product optimization project High-pressure boiler tube, etc Apr-11 Oriented silicon steel Dec-11 HRC May-12 29
30 Strategic Development Plan To become the most competitive steel manufacturer in the world Profitability:270 billion Yuan revenue by 2015 with systematically improved profit margin and ROE; Competitiveness:33 million tons crude steel capacity by 2015 with stronger presence in carbon steel market, greater value addition and higher market share for strategic products; Technology:To become world-class steel maker and leader in key technologies; Our people:to promote a co-development mechanism of employees and the company and to build a first-class high-caliber team; Social responsibility:with environmental management as an integral part of our philosophy, to continuously take the lead in clean operation, environmental protection and in rewarding stakeholders. 30
31 31
Months Investor Presentation
2018 9 Months Investor Presentation 25.10.2018 Disclaimer Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking information, expectations,
More information2Q06 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 informationSteel Industry Outlook Federal Reserve Bank of Chicago December Robert J. DiCianni Mittal Steel USA. Mittal Steel Company
Steel Industry Outlook Federal Reserve Bank of Chicago December 2005 Robert J. DiCianni Mittal Steel USA 1 Outline Overall Outlook End Market Outlook 2006 Forecast Steel Demand Prices Inputs and other
More informationEconomic & 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 informationANALYST 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 information2015 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 information282m 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 informationFISCAL 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 information2010 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 informationQ 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 information1. 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 informationANALYST 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 information2010 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 informationFY 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 informationFY2/18 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 informationHindalco Industries Limited. Performance Review Q3 FY08 30 th January 08
Hindalco Industries Limited Performance Review Q3 FY08 30 th January 08 Highlights & Backdrop Backdrop : Q3 FY08 Adverse Global Macro economic factors US Sub prime crisis a double barrel impact: A sharp
More informationFISCAL 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 informationFISCAL 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 informationSecond quarter AB Volvo
1 VOLVO GROUP Strengthened focus on core business divests Volvo Aero Enterprise value of SEK 6.9 billion. Completion expected during the third quarter of 2012. acquires shares in Deutz AG Largest shareholder
More informationKCB 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 informationPitti 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 informationFISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model
FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS Mazda Roadster 25 th Anniversary Model Mazda Motor Corporation July 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Quarter
More informationTHE PARTNERSHIP OF RAIL & COAL MOVING AHEAD 2014 RMCMI ANNUAL MEETING SEPTEMBER 19, 2014
THE PARTNERSHIP OF RAIL & COAL MOVING AHEAD 2014 RMCMI ANNUAL MEETING SEPTEMBER 19, 2014 1 BNSF is a Leading U.S. Railroad A Berkshire Hathaway company 32,500 route miles in 28 states and two Canadian
More informationFISCAL 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 informationContents. Highlights and Financial Performance. Review Aluminium Business. Review Copper Business
HINDALCO INDUSTRIES LTD Q3 FY 2015 Contents Highlights and Financial Performance Review Aluminium Business Review Copper Business 2 World Economy: Divergence persists Financial markets showing increased
More informationRESILIENCE 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 informationFISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)
FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS New Mazda Axela (Overseas name: New Mazda3) Mazda Motor Corporation October 31, 2013 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2014 First Half
More informationFY2012. 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 information1 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 informationTOFAŞ 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 informationFinancial 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 informationFinancial Summary for 2Q-FY2017 And Projections for FY2017
Financial Summary for 2Q-FY2017 And Projections for FY2017 1 INDEX 01 Financial Summary for 2Q-FY2017 02 Performance Forecast for FY2017 03 Topics 2 01 Financial Summary for 2Q-FY2017 3 01 Financial Summary
More informationBUSINESS 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 informationNEWS 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 informationAutomotive Market: Where Do We Go From Here?
Automotive Market: Where Do We Go From Here? June, 3 rd 211 Federal Reserve Bank of Chicago Eighteenth Annual Automotive Outlook Symposium Jeff Schuster Executive Director, Forecasting and Analysis jeff.schuster@jdpa.com
More information3 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 informationHindalco. Investor Presentation Q3 FY17 February 13, 2017
Hindalco Investor Presentation Q3 FY17 February 13, 2017 Forward Looking & Cautionary Statement Certain statements in this report may be forward looking statements within the meaning of applicable securities
More informationDave Carroll Capital Markets Day Markets Update
Dave Carroll Capital Markets Day 2004 Markets Update Tomkins Operates in Diverse End Markets Breakdown 2003 Sales ( 3,150m, US$4,795m) Non-Residential Construction 11% Other 9% Automotive OE 27% Residential
More informationFISCAL 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 informationResults 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 informationM.M. Warburg Fieldtrip. September 14th, Anton Poll. Head of Financial Communication/ Analysis, AUDI AG
M.M. Warburg Fieldtrip September 14th, 2017 Anton Poll Head of Financial Communication/ Analysis, AUDI AG Markets Financials Outlook The Audi brand comes from a unique growth story in units during the
More informationFY2/18 (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 informationCommercial-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 information3665.TT. Public Use Mar
1 3665.TT 2018 Public Use 2018 Mar About BizLink 2 Who We Are Founded in 1996, headquartered in California IPO in 2011 US$510M revenue in 2017 15 production sites in U.S., China, Malaysia, Mexico, Slovakia
More informationASTRA AGRO LESTARI PT (AALI IJ) BHINNEKA INVESTMENT GROUP
1-Nov-16 1-Dec-16 1-Jan-17 1-Feb-17 1-Mar-17 1-Apr-17 1-May-17 1-Jun-17 1-Jul-17 1-Aug-17 1-Sep-17 1-Oct-17 ASTRA AGRO LESTARI PT (AALI IJ) BHINNEKA INVESTMENT GROUP PT Astra Agro Lestari Tbk operates
More informationTOFAŞ 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 informationConsolidated Financial Results for 1Q FY2016 July 29, 2016 Fuji Electric Co., Ltd.
Consolidated Financial Results for 1Q FY2016 July 29, 2016 Fuji Electric Co., Ltd. 2016Fuji Electric Co., Ltd. All rights reserved. 1 Summary of Consolidated Financial Results for 1Q FY2016 (YoY Comparison)
More informationSinopec Corp. Q Results Announcement. 29 October 2010
Sinopec Corp. Q3 2010 Results Announcement 29 October 2010 Disclaimer i As required by the CSRC, financial statements of the third quarter of Sinopec Corp. (the Company ) were prepared under PRC Accounting
More informationMonro, Inc. Second Quarter Fiscal 2019 Earnings Call. October 25, 2018
Monro, Inc. Second Quarter Fiscal 2019 Earnings Call October 25, 2018 Safe Harbor Statement and Non-GAAP Measures Certain statements in this presentation, other than statements of historical fact, including
More informationVolvo 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 informationFISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS. New Mazda6 (Atenza)
FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS New Mazda6 (Atenza) Mazda Motor Corporation October 31, 2012 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2013 First Half Results Fiscal Year
More informationQ3 & 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 informationFISCAL YEAR END MARCH 2012 FINANCIAL RESULTS. Mazda TAKERI
FISCAL YEAR END MARCH 212 FINANCIAL RESULTS Mazda TAKERI Mazda Motor Corporation April 27, 212 1 PRESENTATION OUTLINE Highlights FY End March 212 Results FY End March 213 Forecast Summary Progress Toward
More informationAgenda. Review. Strategy. Outlook
1 Agenda Review 2006 Strategy Outlook 2007 2 Highlights 2006 Focus on Transport-Related Engineering Strong operational performance in all business areas Strong market environment Initiative taken for truck
More informationTOFAŞ 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 informationFY2/17 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 informationFOR IMMEDIATE RELEASE
Article No. 7433 Available on www.roymorgan.com Roy Morgan Unemployment Profile Friday, 12 January 2018 2.6m Australians unemployed or under-employed in December The latest data for the Roy Morgan employment
More informationChina Iron Ore Iron ore markets: long-term game but near-term volatility. February 2013, Beijing, China
China Iron Ore 213 Iron ore markets: long-term game but near-term volatility February 213, Beijing, China Bryanston Resources GmbH * Bahnhofsplatz * 63 Zug * Switzerland Outlook: Sustained short-term prices
More information1 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 information2007 3Q Investor Meeting. November 2007
2007 3Q Investor Meeting November 2007 Company Overview Cumulative 3Q 2007 Results Result By Division Appendix Company Overview Overview Doosan Infracore is the largest machinery company in Korea and also
More informationThird quarter AB Volvo
1 VOLVO GROUP Slowing demand and lower earnings driven by one-offs and under-absorption SALES TREND SEK bn 12 months 318 bn OPERATING INCOME SEK bn 12 months* 25 bn 64 73 69 4.9 5.8 4.0* Q3 Q4 Q1 Q2 Q3
More informationGas & electricity - at a glance
$/barrel /tco 2 e p/therm /MWh Gas & electricity - at a glance Week-on-Week Annual Gas Price Changes Short-term gas contracts jump Cold snap forecast for the first half of February, lifting demand Longer-dated
More informationDynasty 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 informationU.S. Classes 3-8 Used Trucks
Americas Commercial Transportation Research Co., LLC www.actresearch.net COMMERCIAL VEHICLES State of the Industry U.S. Classes 3-8 Used Trucks May 215 Data Published June 24, 215 Contributor to Blue Chip
More informationMasao Usui, Meeting Materials for First-half of FY2011 and Business Outlook November 15, 2011 KYB Corporation
Meeting Materials for First-half of and Business Outlook November 15, 2011 KYB Corporation Masao Usui, Representative Director, President Executive Officer Meeting Materials for First-half of and Business
More informationFISCAL YEAR END MARCH 2013 FIRST QUARTER FINANCIAL RESULTS
FISCAL YEAR END MARCH 213 FIRST QUARTER FINANCIAL RESULTS New MAZDA CX-5 Mazda Motor Corporation July 31, 212 1 PRESENTATION OUTLINE Highlights Fiscal Year End March 213 Results Update of Structural Reform
More informationMacro economic and Energy Factors Driving the Agricultural Outlook
Macro economic and Energy Factors Driving the Agricultural Outlook Michael Swanson Ph.D. Wells Fargo September 2013 Inter connected Markets Economic growth GDP, Population and Income Currency competition
More information9M 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 informationHealthier 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 informationFOR IMMEDIATE RELEASE
Article No. 6928 Available on www.roymorgan.com Roy Morgan Unemployment Profile Wednesday, 17 August 2016 Australian real unemployment jumps to 10.5% (up 0.9%) in July during post-election uncertainty
More informationUpdate of Poultry Fundamentals April 18
Update of Poultry Fundamentals April 18 Contact us: 402.898.9458 www.advancedeconomicsolutions.com knox@aesresearch.com Visit our updated website Follow us on Twitter @AES_Research 4/13/2018 AdvancedEconomicSolutions
More informationFISCAL 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 informationRESULTS 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 informationMay ATR Monthly Report
May ATR Monthly Report Minnesota Department of Transportation Office of Transportation Data and Analysis May 2011 Introduction The purpose of this report is to examine monthly traffic trends on Minnesota
More information2013 Final Results. 19 March 2014
2013 Final Results 19 March 2014 Important Notice The information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken
More informationEconomic and Financial Outlook
Economic and Financial Outlook Euro Area October 2017 Summary 1 2 3 4 Robust GDP growth in Euro Area, but subdued inflation Spanish GDP growth has stabilized at elevated rates Short View of France and
More informationFY2/17 (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 informationThird Quarter 2018 Performance and Business Update. October 24, 2018
Third Quarter 2018 Performance and Business Update October 24, 2018 1 Important Notice Please read this management presentation together with the Company s press release issued earlier today announcing
More informationFISCAL 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 informationII. FY2016 Interim and Beyond
Material for FY2016 Second Quarter Financial Results Briefing Nov 2016 TADANO Ltd. Content I. Basic Business Vision & Mid-Term Management Plan pp. 1-16 II. FY2016 Interim and Beyond pp.17-27 I. Basic Business
More informationAugust ATR Monthly Report
August ATR Monthly Report Minnesota Department of Transportation Office of Transportation Data and Analysis August 2011 Introduction The purpose of this report is to examine monthly traffic trends on
More informationFebruary Annual Results February 13, 2008
February 2008 1 Annual Results February 13, 2008 AGENDA AGENDA 2007 Highlights 2007 Financial Results x Competitiveness Sales and products dynamic International 2008 Outlook February 2008 2 2007: performance
More informationEPA Mandates & C.V. Demand: SURFS UP
EPA Mandates & C.V. Demand: SURFS UP Ken Vieth Sr. Partner & GM A.C.T. RESEARCH Co., LLC Federal Reserve Bank Automotive Outlook Symposium June 1-2, 2006 Critical Demand Components Aligned Emissions mandate
More information2017/18 Cotton Outlook
217/1 Cotton Outlook 217 Ag Econ In service Training Dr. S. Aaron Smith, Assistant Professor, Department of Agricultural and Resource Economics, University of Tennessee https://ag.tennessee.edu/arec/pages/cropeconomics.aspx
More informationEnergy Outlook. U.S. Energy Information Administration. For EnerCom Dallas February 22, 2018 Dallas, TX
Energy Outlook For EnerCom Dallas Dallas, TX Jeff Barron Industry Economist, U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
More informationFISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS
FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS Mazda Motor Corporation November 2, 2011 New Mazda CX-5 (European specifications) 1 PRESENTATION OUTLINE Highlights Fiscal Year Ending March 2012
More informationInterim statement as of 30 September 2017 Conference call
Interim statement as of 30 September 2017 Conference call Dr. Volker Hues Member of the Board of Management, Finance Hamburg, 7 November 2017 Jungheinrich highlights Q1 Q3 2017 Forecast for the whole of
More informationResults Briefing FY2009 2Q COPYRIGHT(C) 2009 ALPS ELECTRIC CO., LTD. ALL RIGHTS RESERVED.
Results Briefing FY2009 2Q COPYRIGHT(C) 2009 ALPS ELECTRIC CO., LTD. ALL RIGHTS RESERVED. Report of Business Results for FY2009 1H Summary (Unit: Billions of JPY) FY2008 FY2009 1 H 1 Q 2 Q 1 H Difference
More informationThailand Steel Industry 2017 and Outlook 2018
Thailand Steel Industry 2017 and Outlook 2018 Iron and Steel Institute of Thailand June 2018 2018 SEAISI Conference and Exhibition Content Macro economics situation Steel industry in 2017 and outlook 2018
More informationMultiple Listing Service
For Immediate Release: January 7, 21 CONTACT: Dan Santa Maria MLS President (52) 795-1492 Wes Wiggins Vice President, MLS (52) 382-8792 Cheri Meadows Senior Vice President, TAR (52) 327-4218 For Tucson
More information2017 Risk and Profit Conference Breakout Session Presenters. 13. Ethanol and Biodiesel Market and Profitability Prospects
2017 Risk and Profit Conference Breakout Session Presenters 13. Ethanol and Biodiesel Market and Profitability Prospects Dan O Brien Daniel O Brien was raised on a grain and livestock
More information1H 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 informationSecond Quarter 2009 Results
1 Second Quarter 2009 Results Second Quarter 2009 Results Donald W. Seale Executive Vice President and Chief Marketing Officer Railway Operating Revenue Second Quarter 2009 vs. 2008 Revenue Total $1.86
More informationSaft Groupe SA reports Quarterly Financial Information for the third quarter of 2007
N 61-07 Saft Groupe SA reports Quarterly Financial Information for the third quarter of 2007 Paris, 9 th November 2007 - Saft, leader in the design, development and manufacture of high-end batteries for
More information2015 Annual Results Announcement
China Petroleum & Chemical Corporation 2015 Annual Results Announcement March 30, 2016 Hong Kong Disclaimer This presentation and the presentation materials distributed herein include forward-looking statements.
More informationState of the Industry: U.S. Classes 3-8 Used Trucks
Americas Commercial Transportation Research Co., LLC www.actresearch.net State of the Industry: U.S. Classes 3-8 Used Trucks November 212 Data Published December 24, 212 State of the Industry: U.S. Classes
More informationMidwest Association of Rail Shippers
January 13, 2016 Midwest Association of Rail Shippers Lance Fritz Chairman and CEO Union Pacific 1 2015 Economic Results Consumer-driven growth 1 Consumer Spending 2 Light Vehicle Sales 3.6% 3.0% 3.0%
More informationQ3 Interim Report 2016
Q3 Interim Report 216 Lennart Evrell President & CEO Håkan Gabrielsson CFO Strong earnings and high mine production Revenues 9,733 (9,764) MSEK EBIT ex PIR* 1,318 (1,55) MSEK EBIT 1,529 (88) MSEK Free
More informationAutomotive 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 informationQ3 FY14 Performance and Financial Review February 13, 2014
INVESTOR PRESENTATION Q3 FY14 Performance and Financial Review February 13, 2014 Contents Highlights and Financial Performance Aluminium Business Copper Business Projects 2 HIGHLIGHTS AND FINANCIAL PERFORMANCE
More information