Cognor Holding Sa · GPW:COG

Cognor Holding Sa — Investor Presentation (February 2012)

8 slides from Cognor Holding Sa's investor presentation, Feb 16, 2012

  1. Slide 1: Business and Finance – Mid-term perspective

    Business and Finance Mid-tem perspective Warsaw, February 15-16, 2012 1

  2. Slide 2: Złomrex S.A. Group structure post expansion period between 2006-2008

    Złomrex S.A. Group structure post expansion period between 2006-2008 100,0% HSJ - TLENOWNIA VETB&H VAGYOR 100,0% 100,0% 100,0% VETCRO VASLOVA 100,0% 51,0% 100,0% HSJ VAROM VASLOVE 100,0% 100,0% 92,4% FERROSTAL VAPOL SBH 100,0% PRODUCTION OF STEEL PRODUCTS INTERNATIONAL VAHUN 100,0% DISTRIBUTION 100,

  3. Slide 3: Złomrex S.A. Group performance during expansion period of 2006-2007 and first year of crisis

    Złomrex S.A. Group performance during expansion period of 2006-2007 and first year of crisis ('000 pln) 2008 2007 2006 Revenues 4 027 950 3 366 004 1 942 514 EBITDA 209 648 216 759 172 880 Net profit -199 788 214 100 97 100 ('000 pln) Long-term indebtedness: 699 379 655 878 65 302 - bonds 625 635 58

  4. Slide 4: Divestiture of distribution division and following operational and financial reorganization

    Divestiture of distribution division and following operational and financial reorganization • Sale of 100% of shares in Cognor Stahlhandel GmbH to Mechel • Conditional SPA – 09.12.2010, closing 31.01.2011 r. • Price for 100% of shares was set at EUR 32.8m and referenced to the company’s figures as o

  5. Slide 5: Grupa Cognor i podmiot kontrolujący

    Grupa Cognor i podmiot kontrolujący Złomrex – Finans Sp. z o.o. OMS Złomrex China Limited Current status 100% 100% Other Production Przemysław 100% Sztuczkowski PS HOLDCO COGNOR GROUP COGSERV COG STH PL BSS 100% 100% 100% 100% 64,4% Other ZLX CENTRUM COGNOR 100% CEN SZCZ Production Scrap 100% 51% 10

  6. Slide 6: 2009-2010 results and 2011 forecast

    2009-2010 results and 2011 forecast ('000 pln) 2011 F 2010(1) 2009(1) Revenues 1 500 000 994 465 799 375 EBITDA 150 000 28 138 -61 430 Net profit 120 000 -166 977 -289 240 ('000 pln) Long-term indebtedness: 543 000 503 222 534 267 - bonds 529 000 494 063 507 691 - banks 0 125 7 573 - leasing 5 000 9

  7. Slide 7: Średnioterminowe założenia biznesowe i finansowe

    Średnioterminowe załoŜenia biznesowe i finansowe • Background: • High hield bonds markets to remain weak; sovereign debt crisis; increase in yields • Cognor’s rating: S&P - CCC+ (stable), Moody’s – Caa2 (stable) • Upgrade possible after confirmation of 2011 forecast and positive business development

  8. Slide 8: COGNOR SA contact details

    COGNOR SA ul. Zielona 26, 42 - 360 Poraj tel. +48 34 316 01 10, fax +48 34 316 01 12 [email protected], www.cognor,pl 8

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