Investor Presentaiton
TMK
FY Consolidated Results Snapshot
Revenue
US$ mln
6.000
5 000
4000
3 000
6 009
4 127
4 394
3 338
2 000
1.000
0
2014
2015
2016
2017
Volumes and realised prices
Average
USD/RUB rate (a)
37.97
60.66
66.90
58.35
Average
US$1,464
US$1,078
US$970
US$1,181
revenue/ tonne
US$1,085
US$921
US$796
US$1,075
5 000
4 402
3 871
3 781
4 000
3 458
1 842
3.000
1 461
1 113
1 046
2000
2560
1 000
2 410
2 412
2 668
0
2014
2015
2016
2017
Seamless
■Welded
Thousand tonnes
Adjusted EBITDA (b)
16%
16%
18%
800
14%
14%
700
15%
600
12%
US$ mln
500
400
829
9%
651
300
605
530
6%
200
3%
100
0
0%
2014
2015
2016
2017
Source: TMK data
Note:
Adj. EBITDA margin, %
Net profit
200
սլա $ՏՈ
166
100
30
0
(100)
(200)
(217)
(368)
(300)
2014
2015
2016
2017
Adjusted EBITDA margin, %
(a) Average nominal USD/RUB exchange rate as published by the Central Bank of Russia.
(b) Adjusted EBITDA represents profit/(loss) for the period excluding finance costs and finance income, income tax (benefit)/expense, depreciation and amortisation, foreign exchange
(gain)/loss, impairment/ (reversal of impairment) of non-current assets, movements in allowances and provisions (except for provisions for bonuses), (gain)/loss on disposal of property, plant
and equipment, (gain)/loss on changes in fair value of financial instruments, share of (profit)/loss of associates and other non-cash, non-recurring and unusual items
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