Tmk · RUS:TRMK
Tmk — FY2020 Earnings Presentation
10 slides from Tmk's earnings presentation, Mar 5, 2021
Slide 1: Financial Presentation: 12M 2020 IFRS Results
Financial Presentation 12M 2020 IFRS Results March 5, 2021
Slide 2: Disclaimer
Disclaimer No representation or warranty (express or implied) is made as to, and no reliance should be placed on, the fairness, accuracy or completeness of the information contained herein and, accordingly, none of the Company, or any of its shareholders or subsidiaries or any of such person's offic
Slide 3: Summary Financial Highlights
12M 2020 vs. 12M 2019 Summary Financial Highlights Sales declined YoY, reflecting the disposal of the American Revenue declined YoY, reflecting the disposal of the American division and weaker sales, due to adverse conditions in key division and the economic recession caused by the COVID-19 sales ma
Slide 4: Russian Market Overview
Russian Market Overview Russian pipe market Key considerations 12 12M 2020 vs. 12M 2019 Non-Energy 10 The Russian pipe market declined compared to 2019, predominantly reflecting lower shipments of large diameter 8 pipe. A deceleration in drilling activity and a lower share of Mln tonnes 6 horizont
Slide 5: Sales by Division and Product Group
12M 2020 vs. 12M 2019 Sales by Division and Product Group Sales by division 3 600 Russian division sales decreased YoY, mainly due to the -15% 3 200 lower sales of OCTG, line and large diameter pipe 2 800 European division sales decreased YoY, due to lower sales Thousand tonnes 2 400 of industri
Slide 6: Revenue by Division
12M 2020 vs. 12M 2019 Revenue by Division Revenue Revenue per tonne* -11% 250 000 120 000 100 000 1% 200 000 5% 80 000 RUB/tonne 150 000 RUB mln 60 000 235 269 111 055 100 000 208 386 40 000 75 408 79 019 81 076 82 001 -7% 50 000 20 000 57 780 15 329 14 234 0 0 0 Russia America Europe Russia America
Slide 7: Adjusted EBITDA by Division
12M 2020 vs. 12M 2019 Adjusted EBITDA by Division Adjusted EBITDA Adjusted EBITDA margin 5% 45000 25% 40000 20% 20% 35000 17% 30000 15% RUB mln 25000 % 20000 40 055 41 950 10% 10% 15000 -65% 10000 5% 4% 3% 5000 - 1 968 1 517 530 0 0% Russia America Europe Russia America Europe 12M2019 12M2020 12M201
Slide 8: Debt Maturity Profile as at December 31, 2020
Debt Maturity Profile as at December 31, 2020 800 EUR Total debt(1) amounted to RUB 199.1 billion ($2.7 billion*) RUB 677 as at December 31, 2020 700 Net debt(2) amounted to RUB 98.7 billion ($1.3 billion*) as USD at December 31, 2020 The weighted average nominal interest rate reduced by 88 60
Slide 9: 2021 outlook
2021 outlook The Group expects demand for OCTG pipe from Russian oil and gas companies to remain stable, supported by the continued development of their existing and new projects, as well as the increased complexity of hydrocarbon production in Russia. The Group expects consumption of industrial
Slide 10: TMK Investor Relations
TMK Investor Relations 40/2a, Pokrovka Street, Moscow, 105062, Russia +7 (495) 775-7600 [email protected]