The document is an investor presentation by AMG Advanced Metallurgical Group N.V. dated November 2013. It provides an overview of AMG, which has annual revenues of $1.15 billion and employs over 3,000 people globally. AMG operates businesses in specialty metal processing and mining, and vacuum furnace engineering. It supplies critical raw materials and high-value specialty metals and alloys to growing industries such as energy, aerospace, and infrastructure. In the first three quarters of 2013, AMG improved its operating cash flow significantly compared to the same period in 2012, while reducing SG&A expenses and net debt.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. It discusses AMG's three divisions: AMG Processing which focuses on metals and alloys recycling and conversion, AMG Engineering which provides vacuum furnaces and services, and AMG Mining which includes integrated mine-based businesses. The presentation summarizes AMG's strategy of focusing on building critical mass in highly proprietary materials where it has a significant market position. It provides financial highlights for 2013 including revenue of $1.158B, EBITDA of $72.6M, and operating cash flow of $69.7M. Key end markets served are discussed as well as performance by division.
This 3 sentence summary provides the high level information from the investor presentation document:
The presentation provides an overview of AMG Advanced Metallurgical Group N.V., a global specialty metals and minerals company, including its business units serving growing end markets, operational and financial updates, and capital position. It discusses AMG's revenue, EBITDA, and earnings declines in the first half of 2013 compared to prior year due to lower metal prices impacting margins. The presentation also outlines recent actions by AMG to simplify operations, reduce costs, impair assets related to delays in mining projects, and decrease working capital and debt while increasing operating cash flow.
AMG Corporate Strategy Presentation December 2013jdiluzio
This document provides an overview of AMG Advanced Metallurgical Group's corporate strategy presentation from December 2013. It discusses AMG's three divisions: AMG Processing, AMG Mining, and AMG Engineering. It identifies several critical raw materials important to the European economy that AMG mines, processes, or uses in its vacuum furnaces. The presentation outlines AMG's core competencies and proprietary technologies. It addresses the challenges of complexity in AMG's vertical and horizontal business model. Finally, it summarizes AMG's strategy of building critical mass in materials where it has a significant market position and long-term growth potential exceeding global GDP, while also strengthening its balance sheet.
The document is an investor presentation for AMG Advanced Metallurgical Group N.V. It provides an overview of AMG's business segments which include processing specialty metals and alloys, mining critical raw materials, and engineering vacuum furnace systems. Key highlights include that AMG has over 3,000 employees, generated $1.2 billion in revenue over the last 12 months, and is focused on improving operational performance and increasing cash flow and EBITDA through cost reduction initiatives. The presentation provides financial results for Q1 2013 and an outlook expecting continued challenges in European markets but stabilized demand in aerospace alloys.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. It discusses AMG's business segments in metals processing, mining, and engineering. It highlights that AMG produces 6 out of the 20 critical raw materials identified as important by the EU. The presentation also provides financial highlights for Q2 2014, including an 8% YoY decrease in revenue but an increase in adjusted EPS compared to the previous quarter. Overall, it aims to introduce investors to AMG's business focusing on critical materials and improving financial performance.
This investor presentation summarizes AMG Advanced Metallurgical Group N.V.'s business as of May 2014. It describes AMG as a global leader in metals and alloys with processing, engineering, and mining operations. In the first quarter of 2014, AMG reported revenues of $274.9 million, EBITDA of $20.1 million, and a gross margin of 16.9%. The presentation outlines AMG's strategy to focus on critical materials with long-term growth above GDP through industry consolidation and improving its operational performance.
This document is an investor presentation for AMG Advanced Metallurgical Group from June 2013. It summarizes AMG's business segments which include processing specialty metals and alloys, mining critical raw materials, and engineering vacuum furnace systems. The presentation provides an overview of AMG's financial highlights for Q1 2013, including an 8% decrease in revenue year-over-year, and updates on operational improvements to reduce costs and increase cash flow. Key markets served are aerospace, infrastructure, energy, and specialty metals & chemicals.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. In 3 sentences:
The presentation discusses AMG's business segments in metals processing, mining, and engineering which provide critical materials for industries like aerospace, energy, and electronics. It outlines AMG's strategy to focus on high-value added critical materials with long-term growth above GDP through industry consolidation and improving operational efficiencies. Key financial highlights shown include year-over-year revenue declines being offset by gross margin and adjusted EPS increases and an emphasis on reducing debt levels.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. It discusses AMG's three divisions: AMG Processing which focuses on metals and alloys recycling and conversion, AMG Engineering which provides vacuum furnaces and services, and AMG Mining which includes integrated mine-based businesses. The presentation summarizes AMG's strategy of focusing on building critical mass in highly proprietary materials where it has a significant market position. It provides financial highlights for 2013 including revenue of $1.158B, EBITDA of $72.6M, and operating cash flow of $69.7M. Key end markets served are discussed as well as performance by division.
This 3 sentence summary provides the high level information from the investor presentation document:
The presentation provides an overview of AMG Advanced Metallurgical Group N.V., a global specialty metals and minerals company, including its business units serving growing end markets, operational and financial updates, and capital position. It discusses AMG's revenue, EBITDA, and earnings declines in the first half of 2013 compared to prior year due to lower metal prices impacting margins. The presentation also outlines recent actions by AMG to simplify operations, reduce costs, impair assets related to delays in mining projects, and decrease working capital and debt while increasing operating cash flow.
AMG Corporate Strategy Presentation December 2013jdiluzio
This document provides an overview of AMG Advanced Metallurgical Group's corporate strategy presentation from December 2013. It discusses AMG's three divisions: AMG Processing, AMG Mining, and AMG Engineering. It identifies several critical raw materials important to the European economy that AMG mines, processes, or uses in its vacuum furnaces. The presentation outlines AMG's core competencies and proprietary technologies. It addresses the challenges of complexity in AMG's vertical and horizontal business model. Finally, it summarizes AMG's strategy of building critical mass in materials where it has a significant market position and long-term growth potential exceeding global GDP, while also strengthening its balance sheet.
The document is an investor presentation for AMG Advanced Metallurgical Group N.V. It provides an overview of AMG's business segments which include processing specialty metals and alloys, mining critical raw materials, and engineering vacuum furnace systems. Key highlights include that AMG has over 3,000 employees, generated $1.2 billion in revenue over the last 12 months, and is focused on improving operational performance and increasing cash flow and EBITDA through cost reduction initiatives. The presentation provides financial results for Q1 2013 and an outlook expecting continued challenges in European markets but stabilized demand in aerospace alloys.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. It discusses AMG's business segments in metals processing, mining, and engineering. It highlights that AMG produces 6 out of the 20 critical raw materials identified as important by the EU. The presentation also provides financial highlights for Q2 2014, including an 8% YoY decrease in revenue but an increase in adjusted EPS compared to the previous quarter. Overall, it aims to introduce investors to AMG's business focusing on critical materials and improving financial performance.
This investor presentation summarizes AMG Advanced Metallurgical Group N.V.'s business as of May 2014. It describes AMG as a global leader in metals and alloys with processing, engineering, and mining operations. In the first quarter of 2014, AMG reported revenues of $274.9 million, EBITDA of $20.1 million, and a gross margin of 16.9%. The presentation outlines AMG's strategy to focus on critical materials with long-term growth above GDP through industry consolidation and improving its operational performance.
This document is an investor presentation for AMG Advanced Metallurgical Group from June 2013. It summarizes AMG's business segments which include processing specialty metals and alloys, mining critical raw materials, and engineering vacuum furnace systems. The presentation provides an overview of AMG's financial highlights for Q1 2013, including an 8% decrease in revenue year-over-year, and updates on operational improvements to reduce costs and increase cash flow. Key markets served are aerospace, infrastructure, energy, and specialty metals & chemicals.
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. In 3 sentences:
The presentation discusses AMG's business segments in metals processing, mining, and engineering which provide critical materials for industries like aerospace, energy, and electronics. It outlines AMG's strategy to focus on high-value added critical materials with long-term growth above GDP through industry consolidation and improving operational efficiencies. Key financial highlights shown include year-over-year revenue declines being offset by gross margin and adjusted EPS increases and an emphasis on reducing debt levels.
This investor presentation summarizes AMG Advanced Metallurgical Group N.V.'s business as of June 2014. It describes AMG as a global leader in metals and critical materials, including aluminum alloys, vanadium, antimony, graphite, and silicon. The presentation outlines AMG's strategy to focus on critical materials with long-term growth above global GDP, recent improvements in operations to reduce costs and debt, and financial highlights showing increased revenue, EBITDA, and earnings per share in the first quarter of 2014 compared to the previous quarter.
This document provides an investor presentation by AMG Advanced Metallurgical Group N.V. It begins with disclaimers regarding the confidential nature of the document and that it does not constitute an offer to buy or sell securities. It then provides an overview of AMG, including its markets, products, financial highlights for 2010, and outlook. AMG operates in advanced materials and engineering systems. It reports growing revenues and earnings for 2010 driven by increased demand in aerospace, infrastructure and energy end markets.
This document provides a summary presentation by AMG Advanced Metallurgical Group N.V. to Houlihan Lokey on May 17, 2018. It discusses AMG's position as a global supplier of critical materials addressing trends in CO2 emission reduction, population growth, and increasing demand for lighter and stronger materials. AMG has a strategic history of cost reduction, supply chain excellence, and scaling profitable growth. The presentation outlines AMG's lithium and tantalum buildout, including phases to expand lithium concentrate and chemical production. It also discusses an expansion of AMG's vanadium recycling facility in Ohio to increase roasting capacity.
This document is a confidential investor presentation by AMG Advanced Metallurgical Group N.V. It summarizes AMG's markets, products, and financial performance for the first three quarters of 2010. AMG operates in growing markets for critical raw materials and participates in macroeconomic trends of increasing demand for sustainable energy production and emerging market infrastructure. It is a primary producer of critical raw materials including titanium, vanadium, magnesium, and chromium. The presentation highlights AMG's financial results for Q3 2010, including increased revenue, EBITDA, and earnings per share compared to Q3 2009. It provides an outlook expecting continued growth in 2011 driven by improving end markets.
Capital markets day AMG Engineering presentation finalgstubel
This document provides an overview of AMG Engineering's Capital Markets Day presentation. Some key points:
- AMG Engineering has over 100 years of experience in vacuum metallurgy and heat treatment.
- Their business focuses on vacuum furnace systems, heat treatment services, and materials like vanadium, superalloys, and titanium.
- Their strategy is to be the leading innovator in vacuum metallurgy and the global market leader in vacuum furnaces and services.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's focus on critical raw materials, its global footprint and business segments in critical materials and engineering. The presentation highlights AMG's leadership in enabling technologies to reduce CO2 emissions and its strong capital structure. Financial highlights show increasing revenue, EBITDA, gross profit and decreasing net debt in the third quarter of 2016 compared to the previous year. AMG's strategy is pursuing growth opportunities while maintaining a conservative balance sheet.
Berenberg Investor Forum Presentation - April 2017gstubel
This document provides an overview of AMG Advanced Metallurgical Group and their lithium project. AMG is a global supplier of critical materials focused on enabling technologies to reduce CO2 emissions. Their lithium project in Brazil is progressing on schedule, with construction approval and an offtake agreement established. The project will produce 90,000 metric tons per year of lithium concentrate starting in mid-2018, utilizing the large lithium deposits in tailings at their existing tantalum mine in Brazil.
AMG is developing a lithium project at its existing Mibra mine in Brazil, which has operated for 38 years producing tantalum. Phase I will produce 90,000 metric tons per year of lithium concentrate from tailings at the mine. Phase II will further process the concentrate into 14,000 metric tons per year of lithium chemical products. AMG sees the project as leveraging its existing mining infrastructure and experience to become a low-cost lithium producer. Rapidly growing demand for lithium from electric vehicles and energy storage is expected to support increased lithium prices in the coming years.
This document provides an overview of AMG Advanced Metallurgical Group N.V., including:
- AMG is a global supplier of critical materials to industries like transportation, energy, and infrastructure.
- They have attractive growth opportunities across end markets driven by regulations promoting CO2 reduction.
- Their portfolio of critical materials and engineering division help provide stable earnings compared to mining industry peers.
- AMG has significant potential for increasing prices of materials like vanadium, tantalum, and titanium alloys based on historical ranges.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's business segments which involve sourcing, processing, and supplying critical raw materials. It highlights AMG's focus on enabling technologies to reduce CO2 emissions and notes several critical raw materials identified by the EU and US that AMG produces. The presentation provides financial highlights for Q2 2016, showing increases in earnings per share, EBITDA, and gross profit compared to Q2 2015. It outlines AMG's 2016 financial objectives of improving return on capital employed and gross margin while pursuing growth opportunities and maintaining a conservative balance sheet.
The document summarizes AMG's 2012 financial results and capital base:
- Revenue for 2012 was $1,215.6 million, down from 2011. Gross profit was $196.5 million and EBITDA was $84.8 million.
- Net debt as of 2012 was $194.2 million with a debt to capitalization ratio of 0.59x and net debt to EBITDA ratio of 2.29x.
- AMG's primary debt facility is a $377 million term loan and revolving credit facility maturing in 2016. It secured an additional $62 million in 2012.
This document provides an investor presentation by AMG Advanced Metallurgical Group N.V. It begins with disclaimers regarding the confidential nature of the document and that it does not constitute an offer to buy or sell securities. It then provides an overview of AMG, including its markets, products, financial highlights for 2010, and outlook. AMG operates in advanced materials and engineering systems. It reports growing revenues and earnings for 2010 driven by infrastructure, aerospace, and specialty metals markets. The presentation provides segment financial details and discusses opportunities in antimony, aerospace alloys, and an increasing order backlog.
The document is about AMG Advanced Metallurgical Group N.V.'s $307.2 million bond offering for its vanadium project. It provides an overview of AMG, which produces specialty metals and vacuum furnace systems. It describes AMG's Cambridge II project to double its spent catalyst recycling capacity to serve the North American refining industry. The project capital costs are expected to be around $300 million and will increase AMG's scope and scale in vanadium recycling.
Amg investor presentation november 2014 finaljdiluzio
The document is an investor presentation for AMG Advanced Metallurgical Group N.V. It provides an overview of AMG, including its business segments of AMG Processing, AMG Mining, and AMG Engineering. Key financial highlights are presented, showing AMG's revenue, EBITDA, gross profit, and progress on reducing debt and improving cash flow. The presentation contains forward-looking statements and disclaimers around the information provided.
Berenberg Pan-European Discovery Conference - June 2017gstubel
This document provides an overview of AMG Advanced Metallurgical Group N.V., including its financial highlights for Q1 2017. Some key points:
- AMG is a global supplier of critical materials and vacuum furnace systems with about 3,000 employees and $1B in annual revenues.
- In Q1 2017, AMG saw increases in revenue (9% YoY), order intake (56% YoY), EBITDA (19% YoY), and gross profit (62% YoY).
- For full year 2016, AMG saw increases in gross profit (17% YoY), EBITDA (33% YoY), return on capital employed (57% YoY), and
The document provides an investor update from AMG Advanced Metallurgical Group N.V. for January 2018. It includes an overview of AMG, key financial highlights from Q3 2017, including an 18% increase in EBITDA year-over-year, and an update on AMG's lithium project. The appendix provides additional details. The document is marked confidential and includes cautionary language about forward-looking statements and risks.
The document provides an investor update from AMG Advanced Metallurgical Group N.V. It includes an overview of AMG, highlights of their financial performance in Q3 2017, and details on their lithium business. Some key points include improved profitability and EBITDA in Q3 2017 compared to Q3 2016, a focus on growth in their lithium segment through construction of lithium processing facilities in Brazil, and an outlook for continued financial growth in 2017 and 2018.
This document provides an overview of AMG Advanced Metallurgical Group N.V. It includes sections on AMG's financial highlights for Q2 2017, showing increases in revenue, gross profit, EBITDA, and return on capital employed compared to Q2 2016. It also outlines AMG's strategic focus on addressing global trends related to reducing carbon emissions through its portfolio of critical materials and vacuum furnace businesses.
The document provides an overview of AMG's lithium business and the lithium industry. It discusses AMG's lithium mining operations in Brazil and plans for a lithium hydroxide production facility in Germany. It also covers the growing demand for lithium-ion batteries from electric vehicles and policies supporting electric vehicle adoption in Europe and globally.
This document provides an overview of AMG Graphite's investor presentation from June 2015. Some key points:
- AMG Graphite is a leading processor and miner of high-purity natural graphite, with facilities in Germany, Czech Republic, Sri Lanka, China, and mines in Germany, Sri Lanka, and Zimbabwe.
- The company's strategy is to solidify its position as a global leader in natural graphite solutions through an integrated value chain and increasing ownership of raw material sources.
- Growth opportunities include expanding the product portfolio and developing applications in areas like batteries, graphene, and carbon emission reduction technologies.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's focus on critical raw materials, including those identified as critical by the EU and US. AMG has businesses in 7 EU-critical materials and 4 US-critical materials. The presentation shows that prices for critical materials have generally outperformed metals and oil over the past 10 years. It also provides an overview of AMG's business segments and global footprint in critical materials.
AMG is a global critical materials company focused on CO2 reduction through enabling and mitigating technologies. It has a strong capital structure with no net debt and is positioned for growth through disciplined organic expansion and acquisitions. AMG has presence in 7 EU-designated critical raw materials and 10 US-designated critical materials. Prices for critical materials in AMG's portfolio have historically outperformed benchmark metals and oil indices. AMG operates businesses in vanadium conversion, superalloys, and mining/recycling of critical materials to supply growing demand.
This investor presentation summarizes AMG Advanced Metallurgical Group N.V.'s business as of June 2014. It describes AMG as a global leader in metals and critical materials, including aluminum alloys, vanadium, antimony, graphite, and silicon. The presentation outlines AMG's strategy to focus on critical materials with long-term growth above global GDP, recent improvements in operations to reduce costs and debt, and financial highlights showing increased revenue, EBITDA, and earnings per share in the first quarter of 2014 compared to the previous quarter.
This document provides an investor presentation by AMG Advanced Metallurgical Group N.V. It begins with disclaimers regarding the confidential nature of the document and that it does not constitute an offer to buy or sell securities. It then provides an overview of AMG, including its markets, products, financial highlights for 2010, and outlook. AMG operates in advanced materials and engineering systems. It reports growing revenues and earnings for 2010 driven by increased demand in aerospace, infrastructure and energy end markets.
This document provides a summary presentation by AMG Advanced Metallurgical Group N.V. to Houlihan Lokey on May 17, 2018. It discusses AMG's position as a global supplier of critical materials addressing trends in CO2 emission reduction, population growth, and increasing demand for lighter and stronger materials. AMG has a strategic history of cost reduction, supply chain excellence, and scaling profitable growth. The presentation outlines AMG's lithium and tantalum buildout, including phases to expand lithium concentrate and chemical production. It also discusses an expansion of AMG's vanadium recycling facility in Ohio to increase roasting capacity.
This document is a confidential investor presentation by AMG Advanced Metallurgical Group N.V. It summarizes AMG's markets, products, and financial performance for the first three quarters of 2010. AMG operates in growing markets for critical raw materials and participates in macroeconomic trends of increasing demand for sustainable energy production and emerging market infrastructure. It is a primary producer of critical raw materials including titanium, vanadium, magnesium, and chromium. The presentation highlights AMG's financial results for Q3 2010, including increased revenue, EBITDA, and earnings per share compared to Q3 2009. It provides an outlook expecting continued growth in 2011 driven by improving end markets.
Capital markets day AMG Engineering presentation finalgstubel
This document provides an overview of AMG Engineering's Capital Markets Day presentation. Some key points:
- AMG Engineering has over 100 years of experience in vacuum metallurgy and heat treatment.
- Their business focuses on vacuum furnace systems, heat treatment services, and materials like vanadium, superalloys, and titanium.
- Their strategy is to be the leading innovator in vacuum metallurgy and the global market leader in vacuum furnaces and services.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's focus on critical raw materials, its global footprint and business segments in critical materials and engineering. The presentation highlights AMG's leadership in enabling technologies to reduce CO2 emissions and its strong capital structure. Financial highlights show increasing revenue, EBITDA, gross profit and decreasing net debt in the third quarter of 2016 compared to the previous year. AMG's strategy is pursuing growth opportunities while maintaining a conservative balance sheet.
Berenberg Investor Forum Presentation - April 2017gstubel
This document provides an overview of AMG Advanced Metallurgical Group and their lithium project. AMG is a global supplier of critical materials focused on enabling technologies to reduce CO2 emissions. Their lithium project in Brazil is progressing on schedule, with construction approval and an offtake agreement established. The project will produce 90,000 metric tons per year of lithium concentrate starting in mid-2018, utilizing the large lithium deposits in tailings at their existing tantalum mine in Brazil.
AMG is developing a lithium project at its existing Mibra mine in Brazil, which has operated for 38 years producing tantalum. Phase I will produce 90,000 metric tons per year of lithium concentrate from tailings at the mine. Phase II will further process the concentrate into 14,000 metric tons per year of lithium chemical products. AMG sees the project as leveraging its existing mining infrastructure and experience to become a low-cost lithium producer. Rapidly growing demand for lithium from electric vehicles and energy storage is expected to support increased lithium prices in the coming years.
This document provides an overview of AMG Advanced Metallurgical Group N.V., including:
- AMG is a global supplier of critical materials to industries like transportation, energy, and infrastructure.
- They have attractive growth opportunities across end markets driven by regulations promoting CO2 reduction.
- Their portfolio of critical materials and engineering division help provide stable earnings compared to mining industry peers.
- AMG has significant potential for increasing prices of materials like vanadium, tantalum, and titanium alloys based on historical ranges.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's business segments which involve sourcing, processing, and supplying critical raw materials. It highlights AMG's focus on enabling technologies to reduce CO2 emissions and notes several critical raw materials identified by the EU and US that AMG produces. The presentation provides financial highlights for Q2 2016, showing increases in earnings per share, EBITDA, and gross profit compared to Q2 2015. It outlines AMG's 2016 financial objectives of improving return on capital employed and gross margin while pursuing growth opportunities and maintaining a conservative balance sheet.
The document summarizes AMG's 2012 financial results and capital base:
- Revenue for 2012 was $1,215.6 million, down from 2011. Gross profit was $196.5 million and EBITDA was $84.8 million.
- Net debt as of 2012 was $194.2 million with a debt to capitalization ratio of 0.59x and net debt to EBITDA ratio of 2.29x.
- AMG's primary debt facility is a $377 million term loan and revolving credit facility maturing in 2016. It secured an additional $62 million in 2012.
This document provides an investor presentation by AMG Advanced Metallurgical Group N.V. It begins with disclaimers regarding the confidential nature of the document and that it does not constitute an offer to buy or sell securities. It then provides an overview of AMG, including its markets, products, financial highlights for 2010, and outlook. AMG operates in advanced materials and engineering systems. It reports growing revenues and earnings for 2010 driven by infrastructure, aerospace, and specialty metals markets. The presentation provides segment financial details and discusses opportunities in antimony, aerospace alloys, and an increasing order backlog.
The document is about AMG Advanced Metallurgical Group N.V.'s $307.2 million bond offering for its vanadium project. It provides an overview of AMG, which produces specialty metals and vacuum furnace systems. It describes AMG's Cambridge II project to double its spent catalyst recycling capacity to serve the North American refining industry. The project capital costs are expected to be around $300 million and will increase AMG's scope and scale in vanadium recycling.
Amg investor presentation november 2014 finaljdiluzio
The document is an investor presentation for AMG Advanced Metallurgical Group N.V. It provides an overview of AMG, including its business segments of AMG Processing, AMG Mining, and AMG Engineering. Key financial highlights are presented, showing AMG's revenue, EBITDA, gross profit, and progress on reducing debt and improving cash flow. The presentation contains forward-looking statements and disclaimers around the information provided.
Berenberg Pan-European Discovery Conference - June 2017gstubel
This document provides an overview of AMG Advanced Metallurgical Group N.V., including its financial highlights for Q1 2017. Some key points:
- AMG is a global supplier of critical materials and vacuum furnace systems with about 3,000 employees and $1B in annual revenues.
- In Q1 2017, AMG saw increases in revenue (9% YoY), order intake (56% YoY), EBITDA (19% YoY), and gross profit (62% YoY).
- For full year 2016, AMG saw increases in gross profit (17% YoY), EBITDA (33% YoY), return on capital employed (57% YoY), and
The document provides an investor update from AMG Advanced Metallurgical Group N.V. for January 2018. It includes an overview of AMG, key financial highlights from Q3 2017, including an 18% increase in EBITDA year-over-year, and an update on AMG's lithium project. The appendix provides additional details. The document is marked confidential and includes cautionary language about forward-looking statements and risks.
The document provides an investor update from AMG Advanced Metallurgical Group N.V. It includes an overview of AMG, highlights of their financial performance in Q3 2017, and details on their lithium business. Some key points include improved profitability and EBITDA in Q3 2017 compared to Q3 2016, a focus on growth in their lithium segment through construction of lithium processing facilities in Brazil, and an outlook for continued financial growth in 2017 and 2018.
This document provides an overview of AMG Advanced Metallurgical Group N.V. It includes sections on AMG's financial highlights for Q2 2017, showing increases in revenue, gross profit, EBITDA, and return on capital employed compared to Q2 2016. It also outlines AMG's strategic focus on addressing global trends related to reducing carbon emissions through its portfolio of critical materials and vacuum furnace businesses.
The document provides an overview of AMG's lithium business and the lithium industry. It discusses AMG's lithium mining operations in Brazil and plans for a lithium hydroxide production facility in Germany. It also covers the growing demand for lithium-ion batteries from electric vehicles and policies supporting electric vehicle adoption in Europe and globally.
This document provides an overview of AMG Graphite's investor presentation from June 2015. Some key points:
- AMG Graphite is a leading processor and miner of high-purity natural graphite, with facilities in Germany, Czech Republic, Sri Lanka, China, and mines in Germany, Sri Lanka, and Zimbabwe.
- The company's strategy is to solidify its position as a global leader in natural graphite solutions through an integrated value chain and increasing ownership of raw material sources.
- Growth opportunities include expanding the product portfolio and developing applications in areas like batteries, graphene, and carbon emission reduction technologies.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. that provides an overview of the company. It discusses AMG's focus on critical raw materials, including those identified as critical by the EU and US. AMG has businesses in 7 EU-critical materials and 4 US-critical materials. The presentation shows that prices for critical materials have generally outperformed metals and oil over the past 10 years. It also provides an overview of AMG's business segments and global footprint in critical materials.
AMG is a global critical materials company focused on CO2 reduction through enabling and mitigating technologies. It has a strong capital structure with no net debt and is positioned for growth through disciplined organic expansion and acquisitions. AMG has presence in 7 EU-designated critical raw materials and 10 US-designated critical materials. Prices for critical materials in AMG's portfolio have historically outperformed benchmark metals and oil indices. AMG operates businesses in vanadium conversion, superalloys, and mining/recycling of critical materials to supply growing demand.
This document discusses AMG Advanced Metallurgical Group's ECO2RP (Enabling CO2 Reduction Portfolio). ECO2RP represents AMG's portfolio of products that enable customers to reduce CO2 emissions through higher energy efficiency. It accounted for 26% of AMG's revenues and 33% of gross profits in 2019. ECO2RP currently includes 6 products that enabled reductions of 67.8 million metric tons of CO2 in 2019. AMG is working to expand ECO2RP through additional life cycle assessment certifications and sees opportunities in materials for electric vehicles and grid-level electricity storage.
This document is an investor presentation from AMG Advanced Metallurgical Group N.V. It provides an overview of AMG's business segments, which include critical materials like vanadium, titanium alloys, and tantalum, as well as vacuum furnace systems. The presentation highlights AMG's global footprint, focus on health and safety, and strong financial results in 2018, including a 73% increase in EBITDA. It also discusses trends in critical materials pricing and AMG's position as a supplier of materials that are important to reducing CO2 emissions through applications like lightweighting.
This 3 paragraph summary provides the key information from the AMG Advanced Metallurgical Group investor presentation:
AMG is a critical materials company that sources, processes, and supplies materials that are in high demand due to global trends of CO2 emission reduction, population growth, and increasing demand for innovative new products. AMG has a unique portfolio of critical raw materials that includes 7 identified by the EU and 10 identified by the US as vital to economic and national security. Prices of critical materials in AMG's portfolio have historically outperformed benchmark metals and oil indices over 10 year periods. The presentation provides an overview of AMG's business segments and global footprint in processing critical materials like vanadium, superalloys, titanium al
This investor presentation provides an overview of AMG Advanced Metallurgical Group N.V. In the first quarter of 2017, AMG saw a 56% increase in EBITDA compared to the first quarter of 2016 due to improved profitability in its critical materials segment. The company's return on capital employed increased to 25.5% annualized in Q1 2017 from 14.7% in Q1 2016. Additionally, AMG has reduced its net debt by $88.4 million since December 2014 and had a net cash position of $0.5 million at the end of Q1 2017.
The document is an investor presentation by AMG Advanced Metallurgical Group N.V. It provides an overview of AMG's business segments which involve sourcing, processing, and supplying critical raw materials. It discusses AMG's focus on enabling technologies to reduce CO2 emissions and highlights several critical raw materials in its portfolio. The presentation also provides financial highlights such as revenue, EBITDA, gross profit and net debt figures for fiscal years 2015-2016 showing overall growth. It outlines AMG's strategic goals of improving return on capital employed, gross margins, and pursuing growth opportunities while maintaining a conservative balance sheet.
This 3 sentence summary provides the high level information from the AMG Advanced Metallurgical Group N.V. Investor Presentation:
AMG is a global leader in critical materials such as vanadium, titanium alloys, and vacuum furnace technology. The presentation highlights AMG's financial results, global footprint, and growth strategies. AMG is well positioned due to increasing demand for critical materials in industries focusing on CO2 reduction, population growth, and energy efficiency.
This investor presentation by AMG Advanced Metallurgical Group N.V provides an overview of the company's business segments, global footprint, financial highlights, and strategy. AMG is a critical materials company that sources, processes, and supplies materials that are in increasing global demand. It has two business segments: AMG Critical Materials which includes vanadium, superalloys, titanium alloys, and other materials production, and AMG Engineering which provides vacuum furnaces and heat treatment services. Financially, the company has reduced its net debt and improved its return on capital employed in recent years while growing revenue and EBITDA.
This 3 sentence summary provides an overview of the investor presentation:
The presentation provides an overview of The Critical Materials Company (AMG) which supplies critical materials globally and has expertise in managing complex supply chains for materials that are important to the economy and have supply risk. AMG has various business segments that include critical materials like vanadium, titanium alloys, and aluminum alloys. The presentation discusses key global trends driving demand, AMG's portfolio and footprint, and provides financial and market outlook information.
Similar to Amg investor presentation nov 2013 (20)
Future Security of Supply with Master Alloysjdiluzio
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Amg amg titanium alloys & coatings presentation may 2013jdiluzio
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2. Cautionary Note
THIS DOCUMENT IS STRICTLY CONFIDENTIAL AND IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION BY AMG
ADVANCED METALLURGICAL GROUP N.V. (THE “COMPANY”) AND MAY NOT BE REPRODUCED IN ANY FORM OR FURTHER
DISTRIBUTED TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. FAILURE TO COMPLY
WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS.
This presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue or the solicitation of an offer to
buy or acquire securities of the Company or any of its subsidiaries nor should it or any part of it, nor the fact of its distribution, form the basis
of, or be relied on in connection with, any contract or commitment whatsoever.
This presentation has been prepared by, and is the sole responsibility of, the Company. This document, any presentation made in conjunction
herewith and any accompanying materials are for information only and are not a prospectus, offering circular or admission document. This
presentation does not form a part of, and should not be construed as, an offer, invitation or solicitation to subscribe for or purchase, or
dispose of any of the securities of the companies mentioned in this presentation. These materials do not constitute an offer of securities for
sale in the United States or an invitation or an offer to the public or form of application to subscribe for securities. Neither this presentation nor
anything contained herein shall form the basis of, or be relied on in connection with, any offer or commitment whatsoever. The information
contained in this presentation has not been independently verified. 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 or the opinions contained herein. The Company and
its advisors are under no obligation to update or keep current the information contained in this presentation. To the extent allowed by law,
none of the Company or its affiliates, advisors or representatives accept any liability whatsoever (in negligence or otherwise) for any loss
howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation.
Certain statements in this presentation constitute forward-looking statements, including statements regarding the Company's financial
position, business strategy, plans and objectives of management for future operations. These statements, which contain the words "believe,”
“expect,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “will,” “may,” “should” and similar expressions, reflect the beliefs and
expectations of the management board of directors of the Company and are subject to risks and uncertainties that may cause actual results
to differ materially. These risks and uncertainties include, among other factors, the achievement of the anticipated levels of profitability,
growth, cost and synergy of the Company’s recent acquisitions, the timely development and acceptance of new products, the impact of
competitive pricing, the ability to obtain necessary regulatory approvals, and the impact of general business and global economic conditions.
These and other factors could adversely affect the outcome and financial effects of the plans and events described herein.
Neither the Company, nor any of its respective agents, employees or advisors intend or have any duty or obligation to supplement, amend,
update or revise any of the forward-looking statements contained in this presentation.
The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without
notice.
This document has not been approved by any competent regulatory or supervisory authority.
2
3. Overview
Listed: NYSE-Euronext Amsterdam: AMG
Founded: 2006
LTM Revenues: $1,149.6M
LTM EBITDA: $81.6M
Employees: 3,145
Facilities: Netherlands, Germany, France, Czech Republic, Poland,
UK, USA, Brazil, Mexico, China, India, Sri Lanka,
Turkey, Zimbabwe, Mozambique
Market Cap: €243M ($305M)
Enterprise Value: €312M ($470M)
Shares outstanding: 27.6M
52 week range: €5.88–€8.35
Recent share price: €8.11 (November 7, 2013)
Global provider of high value added specialty metals and related engineering systems
for growing end markets, including energy, aerospace, infrastructure, and specialty
metals and chemicals
3
4. Business Units, Products and Markets
AMG Processing
AMG Mining
AMG Engineering
AMG’s conversion and
recycling based businesses
Integrated AMG’s mine
based businesses
AMG’s vacuum systems and
services business
High-value metals & alloys
Coating materials
Critical raw materials
Capital equipment & service
for high purity materials
Serving the Technology Trends in Energy, Aerospace, Infrastructure,
and Specialty Metals & Chemicals
Energy
4
Aerospace
Infrastructure
Specialty Metals
& Chemicals
5. Critical Raw Materials
The EU identified 14 critical raw materials* to the European economy – focusing
on two determinants – economic importance and supply risk
Materials mined or processed by
AMG, or treated in AMG vacuum
systems
REE
Materials treated by AMG
vacuum systems
Nb
Sb
C
Ta
Li
Ti
V
Mo
Si
F
e
5
Note: *European Commission Annex V to the Report of the Ad-hoc Working Group on defining critical raw materials
Al
Ni
Cr
6. Business Units – AMG Processing
AMG Processing – conversion and recycling operations
Value Proposition
Aluminum grain refiners
and master alloys for high
performance materials in
aerospace, automotive and
infrastructure applications
Ferrovanadium for high
strength, low alloy steels
for infrastructure;
ferronickel-molybdenum
for stainless steel
Titanium master alloys for
high performance ,light
weight aerospace engine
and frame, and coating
materials for aerospace
turbines
Tantalum and niobium
6
superalloys and chrome
metal for aerospace
engine and industrial gas
turbines
Key Products
Major Applications
7. Business Units – AMG Mining
AMG Mining – mine based value chains
Value Proposition
Antimony trioxide and
master batches for flame
retardant on electronics,
paints, and plastics
Conflict-free tantalum
concentrate for tantalum
capacitors used on
portable electronics
Natural graphite for building
insulation materials, energy
storage, li-ion batteries for
electrical vehicle, and
lubricants
Silicon metal for aluminum
production and solar panel
materials
7
Key Products
Major Applications
8. Business Units – AMG Engineering
AMG Engineering – vacuum systems and services
Value Proposition
Vacuum melting and re-
melting furnaces for highperformance titanium, steel
and alloys, and purification
of rare metals and alloys
Vacuum heat treatment
furnaces and services for
high-performance materials
of aerospace and
automotive applications
Vacuum coating furnace for
aerospace turbine blade
coatings
Vacuum sintering and
annealing furnaces for
nuclear fuel productions
8
Key Products
Major Applications
9. Recent Developments – Operations Update
AMG is improving operational performance and cash flow
2013 Objectives
Reduce SG&A
by 5%
Improve Gross
Margin
Increase
Operating
Cash Flow
Reduce Net
Debt
9
Progress Update
■
YTD Q3‘13 SG&A reduced by 7.9%, or $8.8M, compared to YTD
Q3’12, in excess of the 2013 target
■
YTD Q3’13 Gross Margin 15.6%, down 0.8% compared to YTD
Q3’12
■
Significant decline in metal prices impacted margins
■
YTD Q3’13 Operating cash flow $57.3M, up $23.8M or 71%,
compared to YTD Q3’12
■
Sep.30, 2013 Working Capital reduced $27.4M, compared to Dec.
31, 2012 – Working Capital Days reduced by 16 days
■
Sep. 30, 2013 Net Debt reduced by $30.6M, compared to Dec. 31,
2012; $16.4M reduction in Q3 2013
10. Recent Developments – Operations Update
AMG Processing
■ AMG Aluminum
■ Improved product mixed and reduced costs, resulting improved margins
■ AMG Superalloys and AMG Titanium Alloys & Coatings
■ Implementing fixed cost reduction programs
■ AMG Vanadium
■ Expansion ramp up on schedule, increasing volumes
AMG Engineering
■ Reduced headcount by 16%, moving past the solar market downturn
■ Simplifying the reporting structure
AMG Mining
■ AMG Antimony
■ Substantially lowered costs and reduced working capital
■ Drilling and geology campaign continue at mine
■ AMG Graphite
■ Optimizing current raw material supply chains
10
13. Capital Base
Cash and Debt
( in USD millions)
Cash
$315.8
Debt
Net Debt
$279.9
$268.6
$237.1
$194.2
$189.0
■ Net debt: $163.6M
■ A reduction of $16.4 million in Q3’13
■ Debt to capitalization: 0.67x
■ Net Debt to LTM EBITDA: 2.01x
■ Revolver availability: $73.7M
■ Total liquidity: $190.0M
$163.6
$147.2
$121.6
$89.9
$116.3
$79.6
Dec-10
Dec-11
Dec-12
Sep. 2013
Cash Flow from Operations – First 9 months
■ AMG’s primary debt facility is a $370
million term loan and revolving credit
facility
■ 5 year term – until 2016
■ Obtained waiver for tangible net
worth covenant as of June 30, 2013
■ Currently in compliance with all debt
covenants
( in USD millions)
$57.3
$33.5
-$13.9
13
$10.4
-
-
-
2010
2011
2012
2013
■ YTD Q3’13 $57.3M Cash Flows from
Operations, up 71% compared to YTD
Q3’12
14. Financial Highlights
Revenue
Gross Margin
YTD September 2013 Revenue: $874.4
(in USD millions)
YTD September 2013 Gross Margin: 15.6%
24.6%
AMG Engineering
$193.2
15.7%
11.6%
AMG Mining
AMG Processing
$245.5
$435.7
AMG Processing
EBITDA
AMG Mining
AMG Processing
14
AMG Engineering
Capital Expenditure
YTD September 2013 EBITDA: $62.1
AMG Engineering
AMG Mining
$18.2
$22.5
$21.3
(in USD millions)
YTD September 2013 CAPEX: $22.5
AMG Engineering
AMG Mining
AMG Processing
$1.4
$7.3
$13.9
(in USD millions)
16. End Markets
Revenue
Gross Profit
( in USD millions)
YTD September 2013: $874.4
( in USD millions)
YTD September 2013: $136.7
Aerospace
45.4%
Aerospace
40.7%
Energy
18.1%
Infrastructure
12.2%
Energy
17.2%
Infrastructure
9.8%
Specialty Metals
& Chemicals
29.0%
Aerospace - 9%
vs. YTD Sep. 2012
16
Specialty Metals
& Chemicals
27.6
Aerospace - 2%
vs. YTD Sep. 2012
Titanium alloys and
Chrome metal revenue
decreased
Focusing on higher
margin products for
Aerospace
17. AMG Processing
Financial Summary
$180.0 Revenue
$160.0
EBITDA
$146.9
$140.0
( in USD millions)
$138.1
$16.0
$120.0
$100.0
$80.0
$11.0
$9.1
$60.0
$4.6
$40.0
$6.0
$20.0
$-
$1.0
Q3 12
Q3 13
Capital Expenditure
( in USD millions)
$5.3
$3.1
-
Q3 12
17
■ Q3’13 revenue down 6% from Q3’12
■ AMG Aluminium up 2%
■ Significant price declines in vanadium
and titanium alloy products
■ AMG Vanadium down 28%
-
Q3 13
■ Q3’13 gross margin 9% of revenue, down
from 13% in Q3’12
■ Metal price declines impacted margins
■ AMG Superalloys margins down 71% unfavorable product mix
■ AMG Aluminum margins up 79% product rationalization
■ Q3’13 EBITDA margin 3% of revenue,
compared to 6% in Q3’12
■ $2.0M decrease in personnel costs
■ Q3’13 CAPEX $3.1M
■ $2.2M for maintenance
18. AMG Mining
Financial Summary
$100.0 Revenue
$78.8
Q3’13 gross margin 16% of revenue, down
from 17% in Q3’12
Lower average prices for the higher
volume products
Q3’13 EBITDA 11% of revenue, up from
6% in Q3’12
■ $1.5M decrease in environmental costs
( in USD millions)
$82.3
$70.0
$11.0
$8.9
$60.0
$50.0
$40.0
$30.0
Q3’13 revenue up 4% from Q3’12
Volumes increased for most products
Prices were mixed – Tantalum up 12%,
Graphite up 5%, Antimony down 11%,
and Silicon metal down 9%
$90.0
$80.0
EBITDA
$4.9
$6.0
$20.0
$10.0
$-
$1.0
Q3 12
Q3 13
Capital Expenditure
( in USD millions)
$3.8
$2.8
-
Q3 12
18
-
Q3 13
■ Q3’13 CAPEX $2.8M
$1.0M for silicon metal furnace
efficiency upgrade
$1.1M for maintenance
19. AMG Engineering
Financial Summary
$80.0
Revenue
Q3’13 revenue down 7% from Q3’12
Nuclear furnaces up 55%
Turbine blade coating furnaces up
843%
Sintering furnaces down 51%
Remelting furnaces down 32%
Q3’13 gross margin 21% of revenue,
consistent with Q3’12
Improved profitability on certain large
projects
Increased focus on cost control
Q3’13 EBITDA 6% of revenue, down from
8% of revenue in Q3’12
Order backlog down 8% to $133.5M at
Sep. 30, 2013, from June 30, 2013
Order intake $48.4M in Q3 ‘13
0.73x book to bill ratio
$8.0
EBITDA
( in USD millions)
$71.2
$70.0
$66.1
$60.0
$5.8
$50.0
$40.0
$30.0
$4.2
$20.0
$10.0
$-
$3.0
Q3 12
Q3 13
Order Intake
( in USD millions)
$79.7
$76.4
$67.8
$48.4
$30.9
-
Q3 12
19
-
Q4 12
-
Q1 13
-
Q2 13
-
Q3 13
21. Outlook
AMG Processing
AMG Mining
Continued significant
declines in metal prices are
impacting revenues and
profitability
Implementing cost reduction
programs through mid-2014
The aerospace market
destocking may continue into
2014
Improved margins through
cost reductions
Natural graphite volume is
expected to be above 2012
Declining prices on antimony
and graphite delaying mine
development
AMG Engineering
Order Intake is expected to
improve in Q4
Continued investment in new
technologies; introduced the
next generation plasma
melting furnace for Ti alloy
industry
Full year 2013 EBITDA
consistent with 2012
■ Market conditions continue to be extremely weak, resulting in lower EBITDA in 2013 than in 2012
■ Positive Operating Cash Flow during Q4 2013
■ AMG announces Q4 2013 financial results on March 19, 2014
21
23. Consolidated Balance Sheet
Balance Sheet ($’000)
As of
Fixed assets
Goodwill and intangibles
Other non-current assets
Actual
31-December-12*
30-September-13
(restated)
288,269
258,211
38,722
36,539
77,710
78,178
Inventories
Receivables
Other current assets
Cash
TOTAL ASSETS
185,569
161,310
36,496
116,278
872,581
TOTAL EQUITY
175,263
139,972
Long-term debt
Pension liabilities
Other long-term liabilities
265,553
137,957
78,940
244,658
132,981
84,157
Current debt
Accounts payable
Advance payments
Accruals
Other current liabilities
TOTAL LIABILITIES
TOTAL LIABILITIES & EQUITY
23
211,531
177,232
33,667
121,639
948,770
50,291
125,342
26,989
58,934
29,501
773,507
948,770
35,236
123,272
26,878
53,562
31,865
732,609
872,581
* AMG restated the December 31, 2012 statement of financial position and 2012 income statement to comply with new IFRS
standards and interpretations.
24. Consolidated Income Statement
Income Statement ($’000)
For the three months ended
Revenue
Cost of sales
Gross profit
Selling, general & admin.
Asset impairment & restructuring
Environmental
Other income, net
Operating profit
Actual
30-September-12*
30-September-13
(restated)
296,851
286,415
249,314
246,623
47,537
39,792
34,411
476
1,712
(186)
11,124
32,343
1,753
48
(1,627)
7,275
Net finance costs
Share of profit of associates
Profit before income taxes
4,328
208
7,004
5,665
26
1,636
Income tax expense
Profit for the period
2,101
4,903
459
1,177
Shareholders of the Company
Non-controlling interest
5,006
(103)
1,407
(230)
Adjusted EBITDA
24
19,814
17,701
* AMG restated the December 31, 2012 statement of financial position and 2012 income statement to comply with new IFRS
standards and interpretations.
25. Consolidated Statement of Cash Flows
Cash Flow Statement ($’000)
For the nine months ended
EBITDA
Actual
30-September-12*
(restated)
30-September-13
64,286
62,084
+/- Change in operating assets/liabilities
(10,773)
27,369
-Interest paid, net
(10,030)
(11,331)
Other operating cash flow
1,644
(9,260)
Cash flows from operations before taxes
45,127
68,862
Income tax paid
(11,619)
(11,544)
Total cash flows from operations
33,508
57,318
(33,875)
(22,534)
(169)
436
(34,044)
(22,098)
Cash flows from (used in) financing activities
32,260
(42,596)
Net increase (decrease) in cash
31,724
(7,376)
Beginning cash
79,571
121,639
91
2,015
111,386
116,278
Capital expenditures
Other investing activities
Cash flows (used in) investing activities
Effects of exchange rates on cash
Ending cash
25
* AMG restated the December 31, 2012 statement of financial position and 2012 income statement to comply with new IFRS
standards and interpretations.