Magnesita held an earnings call to discuss its financial results for the second quarter of 2014. The consolidated financial statements were prepared according to international accounting standards and audited. Non-financial information and forward-looking statements were not audited. Magnesita saw increases in revenues, sales volumes, and gross profit in its refractory solutions segment compared to the prior year quarter, though margins declined slightly. Overall, the company reported higher consolidated sales and gross profit for the quarter and first half of 2014 compared to the prior year.
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: https://www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports.
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: https://www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports.
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports
SGS 2021 Full Year Results Alternative Performance MeasuresSGS
We've delivered a strong financial performance in 2021, making significant progress on our new strategic plan.
#SGS #SGSGroup #WeAreSGS #FinancialResults
Get the financial highlights and an overview of our performance per business. You can view our financial reports here: www.sgs.com/en/our-company/investor-relations/reports-and-presentations
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports
Get the financial highlights and an overview of our performance per business.
You can view our financial reports here: www.sgs.com/en/Our-Company/Investor-Relations/Financial-Reports
SGS 2021 Full Year Results Alternative Performance MeasuresSGS
We've delivered a strong financial performance in 2021, making significant progress on our new strategic plan.
#SGS #SGSGroup #WeAreSGS #FinancialResults
Get the financial highlights and an overview of our performance per business. You can view our financial reports here: www.sgs.com/en/our-company/investor-relations/reports-and-presentations
Photographies de la soirée organisée par HUMANITY SOUND avec AWAKX SOUND et MIX MASTER J sur le Bassin d' Arcachon.
Photographe et Vidéaste : Adrien SANCHEZ INFANTE
2. The consolidated financial statements presented here are consistent with the criteria of international accounting standards - IFRS issued by the
International Accounting Standards Board – IASB, based on audited financial information. Non-financial information contained herein, as well
as other operational information, were not audited by independent auditors and may include forward-looking statements and reflects the
current views and perspectives of the management on the evolution of macro-economic environment, conditions of the mining and
refractories industries, company performance and financial results. Any statements, projections, expectations, estimates and plans contained
in this document that do not describe historical facts, and the factors or trends affecting financial condition, liquidity or results of operations,
are forward-looking statements and involve several risks and uncertainties.
This presentation should not be construed as legal, tax, investment or other advice. This presentation does not constitute an offer, or invitation,
or solicitation of an offer, to subscribe for or purchase any securities, and neither any part of this presentation nor any information or
statement contained herein shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Under no
circumstances, neither the Company nor its subsidiaries, directors, officers, agents or employees be liable to third parties (including investors)
for any investment decision based on information and statements in this presentation, or for any damages resulting therefrom, corresponding
or specific.
The information presented or contained in this presentation is current as of the date hereof and is subject to change without notice. Magnesita
has no obligation to update it or revise it in light of new information and / or in face of future events, safeguard the current regulations which
we are submitted to. This presentation and its contents are proprietary information of the Company and may not be reproduced or circulated,
partially or completely, without the prior written consent of the Company.
Changes in historical numbers
For comparison purposes, 2013 figures have been adjusted to reflect accounting changes implemented by the Company
in late 2013.
Disclosure
3. AglobalorganizationNew Strategic Vision
Vision:
Be the best provider of refractories
solutions and industrial minerals,
leveraging and developing our minerals base
Expand industrial
minerals base
Ensure leadership
in our core markets
Maintain a global low
cost production base
Grow selectively and
aggressively
Continue to develop high
quality, low cost raw
material sources to
support our current
businesses as well as
new businesses where
we can have a
sustainable competitive
advantage
Strive to keep offering
high quality and
innovative products,
unrivaled services and
cost performance
Optimize production
globally to improve
efficiency and support
growth
Develop global supply
chain management
Pursue long term growth
opportunities in selected
markets where we can
deliver superior value to
our customers and
shareholders
▪Meritocracy
▪Ethics
▪Profit
▪Management & Method
▪Agility and Transparency
▪Respect for Safety, Environment and Communities
▪Customer
▪People
Our values
3
4. South America
4
Source: ¹WSA
Crude Steel Production¹ (million tons) - Core Markets
Volume (‘000 tons)
North America EU-28
Sales to Steel Segment
Revenues (R$ million)
+11%
+8%
2Q14
238
1Q14
214
2Q13
219
+8%
+21%
2Q14
557
1Q14
517
2Q13
461
Refractory Solutions Sales - Steel
+1%
-5%
2Q14
11
1Q14
11
2Q13
12
+2%
0%
2Q14
30
1Q14
30
2Q13
29
+2%
-1%
2Q14
43
1Q14
44
2Q13
43
14%15%
23%22%
25%
23%
38%
40%
Sales by region (in R$)
South
America
North
America
Europe Others
1H13
1H14
-3%
1H14
22
1H13
23
+2%
1H14
60
1H13
59
1H14
87
+4%
1H13
84
452
1H13
+7%
422
1H14
885
1H13
+21%
1H14
1.074
5. 5
Sales to Industrial Segment
Refractory Solutions Sales – Industrial Segment
Volume (‘000 tons) Revenues (R$ million)
33
41
44
-24%
-18%
2Q141Q142Q13
88
125
100
-30%
-13%
2Q141Q142Q13
Sales by region (R$)
77
90
-15%
1H141H13
213220
-3%
1H141H13
17%18%
12%
9%
24%
18%
47%
55%
1H13
1H14
South
America
North America Europe Others
6. Refractory Solutions Sales and Margin - Consolidated
6
Volume (‘000 tons)
Revenues (R$ million)
Gross Profit and Margin (R$ million;%)
271258260
+5%
+4%
2Q141Q142Q13
201213198
-5%
+2%
2Q14
31.2%
1Q14
33.1%
2Q13
35.2%
645642561
0%
+15%
2Q141Q142Q13
Sales by region (R$)
43%
14%15%
21%20%
25%
22%
40%
South
America
North America Europe Others
1H13
1H14
17%20%
83%80%
Steel Industrial
1H13
1H14
Sales by segment (R$)
528512
+3%
1H141H13
+16%
1H14
1.287
1H13
1.105
414390
1H14
+6%
32.2%
1H13
35.3%