Investor Presentaiton
TMK
Thousand tonnes
1Q 2020 vs. 1Q 2019 Summary Financial Highlights
1,000
800
600
978
400
200
0
1Q2019
Sales declined YoY, due to the disposal of the American division
and lower sales at the Russian and European divisions
-27% YoY
Revenue declined YoY, due to the disposal of the American division
and a weaker performance at the Russian and European divisions
-33% YoY
100,000
714
1Q2020
RUB mln
80,000
60,000
83,069
40,000
20,000
0
1Q2019
Adjusted EBITDA decreased YoY, mainly due to the disposal of the
American division and lower EBITDA at the European division
Net profit increased YoY, mainly due to the gain on disposal of
subsidiaries
RUB mln
-24% YoY
14,000
12,000
16%
18%
14%
15%
10,000
12%
8,000
9%
6,000
4,000
11,520
8,737
6%
3%
2,000
0
1Q2019
0%
1Q2020
Source: TMK data
EBITDA margin, %
RUB mln
25,000
20,000
15,000
10,000
5,000
0
2,983
1Q2019
7.0x YoY
19,628
55,319
1Q2020
Note: Due to the fact that the Company did not issue the financial statements in Rubles for 9 months of 2019, the financial indicators in Rubles for 4Q 2019 are calculated as the difference between the reporting indicators in Rubles for 12 months of 2019 and reporting
indicators in US dollars for 9 months of 2019, which were calculated at corresponding FX rates.
1Q2020
35
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