EVRAZ holds Capital Markets DaySource: RNS
EVRAZ holds Capital Markets Day
10 November 2021 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces that it will be hosting its Capital Markets Day at 11:00 am Moscow time (8:00 am UK time) today.
The Capital Markets Day will feature the presentation by EVRAZ executives, including Sir Michael Peat (Senior Independent Non-Executive Director), Aleksey Ivanov (CEO), Ilya Shirokobrod (Vice-President, Sales and Logistics) and Nikolay Ivanov (CFO).
The presentation will provide the status of the Potential Demerger of coal assets, an update on ESG targets and initiatives and steel business` growth strategy overview.
For 2021-26 period, EVRAZ is considering several key investment projects with the target to secure EBITDA growth in the amount of c.US$630 million.
The Company is expecting the effect on EBITDA from the Steel segment's sales strategy execution to amount to c.US$300 million (partially included into the above mentioned figure) in 2026.
Average annual capital expenditures are expected to be around US$1.0 billion per annum in 2021-2026, including plans to invest around US$200 million in the environmental projects in 2022-2025.
Webcast and presentation:
A live webcast of the presentation will begin at 11:00 am Moscow time (8:00 am UK time) and will be available at the following link:
To ask a question during the live event please:
· For the written question - 1) enter your name using "log in", 2) type your question in "Comments", 3) press "Send"
· For the audio question - 1) enter your name using "log in", 2) type the word "Audio" in "Comments", 3) press "Send", 4) you will receive a link in the chat to connect with the live stream
The presentation will be also available on the Company's website:
For further information:
+7 495 937 6871
+44 207 290 1096
+7 495 232 1370
+44 207 290 1095