Evraz Plc EVRAZ plc holds Investor Day (4063Q)
June 17 2015 - 3:28AM
UK Regulatory
TIDMEVR
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/
###
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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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