EVRAZ plc holds Investor Day

RNS Number : 8692T
Evraz Plc
18 October 2017
 

EVRAZ plc holds Investor Day

 

18 October 2017 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 Senior Independent Non-Executive Director Sir Michael Peat, Chief Executive Officer Alexander Frolov, Senior Vice-President, Commerce and Business development, Alexey Ivanov, Vice-President, Head of the Coal Division Sergey Stepanov, Chief Executive Officer of EVRAZ North America, Conrad Winkler and Chief Financial Officer, Nikolay Ivanov.

 

The main focus of the presentation will be on EVRAZ' long term goals, strategic priorities and initiatives in Steel and Coal in Russia, as well as in Steel, North America.

 

The Company expects that in 2017 its customer focus initiatives will have c.$62m effect on EBITDA along with its cost savings initiatives which will have c.$158m effect on EBITDA.

 

In 2017, CAPEX is expected at the level of c.$640m. In 2018, EVRAZ expects CAPEX to be close to $700m.

 

Webcast and presentation:

A live webcast of the presentations will begin at 09:00am UK and will be accessible via the following link:

http://webcasting.brrmedia.co.uk/broadcast/59d249ced349960788385613

 

The presentation could be downloaded here:

http://www.rns-pdf.londonstockexchange.com/rns/8692T_-2017-10-17.pdf

 

The presentation will be also 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: +44 207 832 8990          Moscow: +7 495 232 1370

ir@evraz.com

 

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: +44 207 832 8998          Moscow: +7 495 937 6871

media@evraz.com

 

EVRAZ plc LEI: 5493005B7DAN39RXLK23

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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