Aperam S.a. · EURONEXT:APAM
Aperam — Investor Day (February 2024)
20 slides from Aperam's investor day presentation, February 2024
Slide 1: Capital Markets Day February 2024
Capital 27 Markets February 2024 Day
Slide 2: Disclaimer: Forward Looking Statements
Disclaimer Forward Looking Statements This document may contain forward-looking information and statements about Aperam SA and its subsidiaries. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with
Slide 3: Aperam South America Strategy
Aperam South America Strategy Frederico Ayres Lima CEO & CMO S&E S. America
Slide 4: A Skilled Workforce, A Growth Market And A Competitive Footprint Are Our Main Assets
Aperam South America: A Skilled Workforce, A Growth Market And A Competitive Footprint Are Our Main Assets People > Engagement > Diversity & Inclusion Market > Growth BioEnergia > Good Opportunities Timóteo Minas Gerais State Footprint > Flexibility & Integration > Sustainability > Competitiveness A
Slide 5: Asset 1: Our People
Asset 1 | Our People
Slide 6: People: Skilled and engaged staff; Health & Safety: Our Undisputed Priority
People: Skilled and engaged staff – 80 years Health & Safety: Our Undisputed Priority! An Incredible Company To Work In Safety Result: Aperam South America (Bio & Mill) Among best employers in Brazil: > 4 years in a row #1 with Bio in Agriculture 0.44 0.45 > 4 years in a row #2 in Brazilian Metal an
Slide 7: Asset 2: A High Growth Market
A High Growth Asset 2 Market
Slide 8: A diversified range of high added value products
Product Portfolio A diversified range of high added value products Stainless Steels Electrical Steels (GO / NGO) Special Carbon Steels Construction / White goods Automotive Architecture GO (Power & GO (Charging station Distribution for electric vehicles) Transformers) Capital Goods / Tubes Tools Bio
Slide 9: Our flexible multi-product set-up guarantees capacity utilisation over the cycle
Product Portfolio Our flexible multi-product set-up guarantees capacity utilisation over the cycle Revenue by product line 2023 Stainless revenue by market segment 2023 8% 4% 9% 10% 23% 21% 14% 69% 19% 24% Building & Constr. Automotive Stainless Steel Electrical steel GNO Catering & Appliances Energ
Slide 10: Stainless steel consumption in Brazil is growing and shows enormous potential
Aperam South America at a glance – Stainless Steel Stainless steel consumption in Brazil is growing and shows enormous potential for the coming years Stainless Steel Brazilian market: Brazil Stainless Steel Market (kt) Flat SS per capita consumption high growth potential linked to: > GDP evolution &
Slide 11: Electrification and energy security drive electrical steel demand
Aperam South America at a glance – Electrical Steel Electrification and energy security drive electrical steel demand Energy infrastructure investments are a priority for The Brazilian EV market will Energy transition megatrends the Brazilian government grow strongly Brazil by IHS: EV+ Full Hybrid =
Slide 12: Asset 3: A Competitive and Flexible Footprint
A Competitive Asset 3 and Flexible Footprint
Slide 13: Our footprint is highly flexible and extremely cost competitive
Aperam South America: Integrated Footprint Our footprint is highly flexible and extremely cost competitive Charcoal (BioEnergia) Blast Furnaces EAF / Meltshop Competitive advantages > Bio charcoal > Blast furnace gas > Recycling of Waste > Fixed cost > Flexibility of process > Melt shop route flexib
Slide 14: Our products have low CO2 emissions, which strengthens our position
Sustainable Footprint Our products have low CO2 emissions, which strengthens our position in Brazil and in strategic exports 500 ASA CO2 Balance (scope 1+2) 400 Emissions 300 (kton CO2eq) 200 100 kton CO2e 0 -100 Balance -200 (kton CO2eq) -300 -400 -500 2020 2021 2022 2023 2024 2025 2026 2027 2028 2
Slide 15: The Plan to 2025
The Plan to 2025
Slide 16: South America: Financial Results
Aperam South America: Financial Results A highly profitable and resilient business ASA adj. EBITDA Evolution* Excellent Position on the Global Cost Curve Schematic 418 398 Despite Industrial recession, Carwash Scandal, COVID 138 133 115 94 88 Aperam Asia Asia Asia Asia America EMEA EMEA Asia 76 2016
Slide 17: Cost efficiency, mix improvement and market growth drive our EBITDA
Aperam South America: Our Strategy Cost efficiency, mix improvement and market growth drive our EBITDA Competitiveness increase Endur GO (Power & Distribution > Scrap increase: lower charge cost, energy efficiency, Transformers) consumables optimization > Productivity through automation of new lines
Slide 18: Wrap up
Wrap up
Slide 19: A resilient, profitable business with substantial development potential
Aperam South America A RESILIANT, PROFITABLE BUSINESS WITH SUBSTANTIAL DEVELOPMENT POTENTIAL DIFFERENTIATORS EARNINGS GROWTH & FUTURE “NORMAL” VS VALUE DRIVERS Engaged and performing PREVIOUS “NORMAL” team Competitiveness Unique market position Debottleneck and upgrade investments: GO, HSM, etc Loca
Slide 20: An 80 years-old-child: solid, reputation with a bright promising future ahead
Aperam South America: Wrap up An 80 years-old-child: solid, reputation with a bright promising future ahead 20