EVRAZ plc holds Investor Day

RNS Number : 4063Q

Evraz Plc

17 June 2015

 



EVRAZ plc holds Investor Day

17 June 2015- EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces that it will hold its Investor Day at 9.00 am in London today.

The Investor Day will feature presentations by EVRAZ executives, including Chairman, Alexander Abramov, Senior Independent Non-Executive Director Sir Michael Peat and Chief Executive Officer Alexander Frolov.

The Investor Presentation will include an overview of the company's business strategy, updates on key programs and projects, as well as an overview of near-term strategic goals, including:

·      total debt amounted to $6.8bn as of 31 May 2015

·      projected increase of production of large diameter pipes for gas pipelines in North America: 364 kt in 2014 to 465 kt in 2015 (growth by 28%)

·      development CAPEX 2015 at c.$215m

·      maintenance CAPEX 2015 expected at c.$335m

The presentation is available on the Company's website: http://www.evraz.com/investors/presentations/

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For further information:

Investor Relations:

Irina Bakhturina

Director, Investor Relations

London: [phone]          Moscow: [phone]

[e-mail]

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: [phone]          Moscow: [phone]

[e-mail]

EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world based on crude steel production of 15.5 million tonnes in 2014. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31 December 2014 were US$13,061 million, and consolidated EBITDA amounted to US$2,325 million.

 

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