Investor Presentaiton
STRATEGY THROUGH 2024
STRATEGIC PRIORITIES
RESULTS SO FAR
CHELPIPE
GROUP
METALLURGY PHILOSOPHY AND
CLIENT-CENTRIC TRANSFORMATION
Enhance client
services and ad-hoc
solutions
Digitalization
DEVELOPMENT OF PRODUCT
OFFERING
Product mix improvement
+
by investing in HVA niche +
products
Advanced corporate culture
and organizational structure
ES G initiatives
Export sales
expansion
Adjusted EBITDA
remained high
Only 10% decrease as
compared to 2019 vs
Revenue down by 28.2% Y-
O-Y
EBITDA margin
increased to 20.7%
+4 p.p. as compared to
2019 in line with the
Company's strategy
OPERATIONAL EFFICIENCY
IMPROVEMENTS
Operating efficiency
program with tangible
results for '17-'20:
>US$200mn in total
+
Clear areas for further
improvements:
Cutting 2.5% of costs
p.a.(1)
Aim to become #1 Pipe company globally by adjusted EBITDA margin in the medium
term and to increase adjusted EBITDA by c.30%
Source: Company data.
(1) Total costs of Chelpipe subtracting raw material costs: steel scrap and steel plate.
RUB -5 bn of
operating costs
savings
+40% better than
expected in 2020
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