BEFESA BEFESA. Overview of the company

Transcription

1 BEFESA Overview of the company February 2016

2 1 Befesa at a Glance 2 Our Activities 3 Key Financials 4 Our Vision 2

3 Befesa at a Glance Befesa is an international company specialized in metal recycling and industrial environmental solutions operating +30 assets and employing people in 20 countries around the world Revenues (M ) EBITDA (M ) % 18% 19% 19% 19% 22% 19% Commercial office Steel asset Solid international client base Aluminium asset Ind. Environmental Solutions asset Future asset xx% EBITDA margin % of Sales Note: 2015 numbers include: 1) 100% of Sulphur valorization business until 29 th Dec 2015, and 2) 3 Quarters of Solarca, acquired on April

4 1 Befesa at a Glance 2 Our Activities 3 Key Financials 4 Our Vision 4

5 Our Activities European leader in two metal recycling markets (steel dust and salt slags) and a global leader in chemical cleaning activities Steel Dust Recycling Integrated service for steel dust collection and recovery processing Integrated service for stainless steel dust collection and recovery processing Zinc waste recycling > 50% market share in Europe in steel recycling market 8 plants: 6 in Europe (Spain, Germany, France, Sweden), 1 in Turkey, and 1 in South Korea Total recycling capacity: ~ * t/y of steel dust Aluminium, Salt Slags & SPL Recycling Integrated aluminium residue and scrap recovery Secondary aluminium alloy production Salt slags recycling > 60% market share in Europe in aluminium residues recycling market 8 plants in Europe (Spain, Germany, United Kingdom) Total recycling capacity: ~ t/y of salt slags and SPLs and production capacity of ~ t/y of secondary aluminium alloys Industrial Environmental Solutions Industrial cleaning services Integral industrial residue management Soil decontamination and remediation Recycling of plastics used in agriculture * Includes ~ t/y of Stainless steel dust recycling capacity A global leader in chemical cleaning, national leader in Spain in the integrated management of industrial residues 28 operating centers in Spain, France, Portugal and Latam Industrial cleaning projects in Europe, Asia, US, and MENA ~ t of residue treated annually Significant presence in Latam: Argentina, Chile, Mexico, Colombia and Peru 5

6 Steel Dust Recycling 8 steel dust recycling plants, all located in close proximity to major clients, with total capacity to process ~ t of dust annually Crude Steel Dust Recycling South Korea Installed capacity to recycle ~ t of crude steel dust annually: t of steel dust treated in t of Waelz Oxide sold in 2015, containing t of zinc Germany Sweden Stainless Steel Dust Recycling Installed capacity to recycle ~ t of stainless steel dust annually: t of stainless steel dust treated in t of metal alloys sold in 2015 France Spain Crude Steel Dust Recycling Plants Stainless Steel Dust Recycling Plants Turkey Main Clients 6

7 Salt Slag & Aluminium Recycling 8 plants, all of them closely located to main customers, with capacity to recycle ~ t of aluminium residues annually Salt Slag & SLPs Recycling 5 plants with an installed capacity to recycle ~ t of salt slags and SPLs annually: t of salt slags recycled in t of SPLs recycled in 2015 Secondary Aluminium Production 3 plants with an installed capacity to produce ~ t of secondary aluminium alloys annually: t of aluminium scrap recycled in t of secondary aluminium alloys produced in 2015 Technology & Machinery Engineering and sale of technology for the aluminium and zinc industries United Kingd om Salt slag / SPLs recycling plants Secondary aluminium production plants Main Clients United Kingdom Spain Germany Note: 2015 operational numbers include the salt slag recycling plant of Tögging (south Germany), currently idle with recycling capacity of t/y 7

8 Industrial Environmental Solutions (IES) Befesa s IES unit covers the whole cycle of residues management services with a special focus on industrial cleaning and O&G services Industrial Environmental Solutions Industrial Services Industrial Residue Management Main Clients Agricultural Plastic / PCB recycling plants ~ t of industrial residue managed in 2015 Global leader in chemical cleaning services # 1 in Spain (~30% market share) Strong presence in Latin America: Argentina, Chile, Peru, Colombia and Mexico Other industrial environmental services: - O&G services: automated tank cleaning, sludge basin centrifugation, soil remediation, catalysts handling - Infrastructure cleaning: mechanical cleaning, heat exchangers - Plastics: agricultural plastics recycling Note: 2015 operational numbers does not include the Sulphuric Acid business, divested on 29 th Dec

9 1 Befesa at a Glance 2 Our Activities 3 Key Financials 4 Our Vision 9

10 Key Financial Information Stable growth in revenues and significant growth in EBITDA leading to a higher profitability over the last years Revenues (M ) EBITDA (M ) % 18% 19% 19% 19% 22% 19% xx% EBITDA margin % of Sales Note: 2015 numbers include: 1) 100% of Sulphur valorization business until 29 th Dec 2015, and 2) 3 Quarters of Solarca, acquired on April

11 1 Befesa at a Glance 2 Our Activities 3 Key Financials 4 Our Vision 11

12 Our Vision Befesa aspires to become the global reference in industrial residue recycling niches and a global environmental service provider to the industry Befesa today European top player in steel dust and salt slags, a global leader in chemical cleaning, and a relevant player in industrial cleaning Befesa in 2020 Global leader in the industrial residue recycling sector and global player in industrial environmental solutions Presence mainly in Europe and Latam +2 Mt treated annually Revenues of +700 M Truly global operations Strong presence in emerging markets Focus on profitable segments Additional growth may come via other growth opportunities in industrial recycling and environmental services 12