RNS Number : 8608R
Evraz Plc
10 November 2021
 

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:

https://evraz.comdi.com/watch/efxbbeg0?lang=en

 

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: 

https://www.evraz.com/en/investors/presentations/

 

 

###

 

For further information:

 

Media Relations:

+7 495 937 6871

+44 207 290 1096

media@evraz.com

 

Investor Relations:

+7 495 232 1370

+44 207 290 1095

ir@evraz.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBLBRTMTAMBFB