Ruukki s general presentation

Transcription

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3 Ruukki s general presentation 3 14 February 2014

4 Content 1. Ruukki in brief 2. Business areas 3. Corporate responsibility 4. Key figures 4

5 Ruukki in brief Ruukki specialises in steel and steel construction Ruukki provides its customers with energy-efficient steel solutions for better living, working and moving. Ruukki operates in some 30 countries and employs around 8,600 people. 5

6 Ruukki s business areas Ruukki Metals Ruukki Building Products Ruukki Building Systems Net sales 1 679m * Net sales 430m * Net sales 292m * Special steel products Standard steel products Tubes and profiles Stainless and aluminium Residential roofing Building components Infrastructure construction/components Nordics Russia CEE Functional building systems * 2013, comparable net sales 6

7 We provide customers with energy-efficient steel solutions for better living, working and moving. Sales office Certified Partner Production Net sales in 2013 totalled 2.4 billion Around 8,600 employees An extensive distribution and dealer network across some 30 countries including the Nordic countries, Russia and elsewhere in Europe and the emerging markets 7

8 Net sales down in most market areas Growth in markets outside Europe Net sales by market area* 2013 (2012) 100% = 2,404m ( 2,597m) Rest of Europe 13% (14%) Russia and Ukraine 10% (10%) Other countries 7% (6%) Finland 25% (26%) Comparable net sales down year on year in most market areas, decreased most in Finland Growth in markets outside Europe Net sales almost at same level year on year in Central Eastern Europe Central Eastern Europe 15% (14%) * Comparable Other Nordic countries 31% (30%) 8

9 Our Values We take responsibility We succeed together We challenge tomorrow 9

10 Research and development focus on energy efficiency Focus areas of our R&D Construction efficiency, especially energy efficient solutions Special steel products i.e. highstrength, wear-resistant and coated steels for the engineering and automotive industry and construction In 2013 we invested 21m in R&D Ruukki s fully-integrated solar panel façade converts sun rays into energy. 10

11 11 Ruukki Building Products

12 Ruukki Building Products Building products: Net sales 430m Roofing products such as steel roofs, rainwater and safety systems Panel products such as sandwich panels, load-bearing sheets, façade claddings Foundation and infrastructure products Foundations, piles, noise barriers, guard rails Installation, Finland 12

13 We continuously develop new energy-efficient solutions Ruukki has developed several energy-efficient solutions for construction: Energy panels Energy piles Solar panel façade Fully recyclable and reusable Ruukki life panel Ruukki Classic Solar Panel roof 13

14 14 Ruukki Building Systems

15 Ruukki Building Systems Building systems: Net sales 292m Buildings, Russia Concept building, deliveries of materials without installation Buildings, Nordics & CEE Design, manufacture and installation of frames and envelopes Agriculture Single-storey construction Commercial construction Sports centre construction 15

16 16 Ruukki Metals

17 Ruukki Metals overview High-strength, wear-resistant and special coated steels (33%) Steel production in 2013 approximately 2.2 million tonnes Net sales in 2013: 1 679m Around 5,200 employees Special Steels: A strong global position in the hot rolled special steels Tubes: A strong position in steel tubes in the Nordics Flat Nordic: The leading provider of carbon and stainless steels in the Nordics 17

18 Examples of end-uses of Ruukki s special steel products High-strength, wear-resistant and coated steels to design new and improved end-products High-strength steels to reach higher, lower weight Wear-resistant and high-strength steels to increase productivity and payloads, extend service life Parts processing, prefabrication to optimise processing and lead times 18

19 19 Corporate responsibility as an integrated part of strategy and business

20 Our vision is to be an innovative and acknowledged provider of energy efficient steel solutions to build a better living environment together with our customers Energy-efficient building and special steel products form the focus area of our strategy and a growing business opportunity 20

21 Corporate responsibility at Ruukki - focus areas and objectives Energy efficiency Competence Safety Energy-efficient products and solutions that lower lifecycle costs Improved energy efficiency in our own operations Increased product development and manufacturing technology competence in special steels Strengthened sales skills especially in Russia and new markets Improved competence in the roofing business Reduction in the total number of injuries Increased awareness to eliminate human errors and to create a safety culture Ruukki s focus areas in corporate responsibility are based on materiality analysis 21

22 How corporate responsibility is managed Corporate responsibility at Ruukki is promoted at all sites, in business support functions and in business activities as an inherent part of everyday business. On Ruukki s Corporate Executive Board, the chief strategy officer is responsible for corporate responsibility and also chairs the corporate responsibility taskforce. A corporate responsibility taskforce coordinates corporate responsibility reporting and development. The company s production sites operate in compliance with certified ISO 14001:2004 environmental management and ISO 9001:2000 quality management systems, which cover 100% of production. 22

23 Our responsible operations are guided by Ruukki s values Corporate strategy Code of Conduct Corporate governance Integrated management system covering quality, safety, energy and environmental aspects Stakeholder expectations, requirements and feedback 23

24 Ruukki is committed to universally recognised principles of responsible business activities Ruukki has signed the UN Global Compact initiative and is committed to its principles applying to: human rights labour the environment and anti-corruption 24

25 Our responsibility and sustainability work has been recognised Sustainability leader in RobecoSAM Sustainability yearbook 2014, awarded with bronze class Prime class - status in Oekom's sustainability ratings Part of the Carbon Disclosure Project (CDP) ranking since 2007 Awarded by Worldsteel with a special Climate Action membership certificate for providing CO 2 data for 5 consecutive years Included in the Ethibel PIONEER & EXCELLENCE Investment Registers Included in the NASDAQ OMX GES Sustainability Finland Index 25

26 26 Key figures

27 Key figures Q4/2013 Q4/ Order intake * m Net sales * m Operating profit * m as % of net sales * % Result before income taxes * m Earnings per share Net cash from operating activities m Gearing ratio % * Comparable 27

28 Ownership structure As at 31 December 2013 Non-Finnish and nominee registered owners 12.8% Other Finnish institutions 23.8% Solidium Oy *) 39.7% *) Solidium Oy is fully owned by Finnish State Source: Euroclear Finland Finnish households 23.7% 28

29 Order intake volumes roughly at last years level, selling prices down Order intake down 9% year on year Quarterly order intake* ( m) Annual order intake* ( m) % 8% % % % % 9% 10% 0 Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13 Q3/13 Q4/ Ruukki Building Products Ruukki Metals Ruukki Building Systems * Comparable 29

30 Net sales and operating profit Quarterly net sales* ( m) % % % 400 Operating profit* and group EBITDA ( m) % Q1/2011 Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/ Q1/12 Q2/12 Q3/12 34 Q4/12 Q1/13 Q2/13 Q3/13 Q4/13 30 Ruukki Building Products Ruukki Building Systems Ruukki Metals * Comparable Comparable operating profit * Comparable Reported EBITDA

31 Building Products Building Products net sales Full-year net sales down 5%, growth in residential construction in Sweden and in components in Norway Net sales by product group, ( m)* % 500 5% % 12% % % % % Q1/11 Q2/11 Q3/11 Q4/11 Residential roofing products Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13 Q3/13 Building components Q4/13 0 Infrastructure construction * Reported 31

32 Building Systems Building Systems net sales roughly at last year s level Clear decrease in net sales in Finland, rouble-denominated net sales up in Russia Net sales by market area, ( m) * % +6% % % % +15% % 100 3%** 50 0 Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13 Q3/13 Q4/ Russia Nordic countries Central Eastern Europe * Reported **Rouble-denominated net sales in Russia up 9% year on year

33 Metals Metals comparable net sales down 10% Clear rise in delivery volumes of special steel products, fourth quarter net sales of special steels up 24% year on year Net sales by product group*, ( m) % % 10% % % 21% % % Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13 Q3/13 Q4/ Special steel products Strip and flat products Tubes and profiles Stainless steel and aluminium * Reported 33

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