Global Leader in Hydro Power and Aluminium
Metals Segment EBITDA Breakdown
2019 EBITDA bridge build-up
(USD mn)
15.1
3.1
na
79
O EBITDA margin (%)
9.9
1,167
Aluminium
segment (1
(1)
21
(71)
(280)
966
2,163
Alumina
Unallocated (3)
2019 EBITDA
segment (2)
2018 EBITDA bridge build-up
(1,224)
262
O EBITDA margin (%)
10
(164)
966
2018
EBITDA
O EBITDA margin (%)
Premiums Effect of LME Aluminium Change in
Aluminuim
and
sales volumes cash cost and
sales
quotation
other factors
structure period
2019
EBITDA
(USD mn)
27
2,150
14
na
353
(340)
Aluminium segment
Alumina segment
Unallocated
21
2,163
2018 EBITDA
(1) Aluminium business results, excluding alumina segment margin, the results of aluminium resales and other
non-production costs and expenses
(2) Alumina business results, excluding margin on sales to aluminium segment, the results of alumina and bauxite
resales and other non-production costs and expenses
(3) Other non-core businesses results are represented by foil, powder, silicon sales and other operations and
general and administrative expenses of the headquarter
(4) Positive effect of decrease in aluminium cash cost was offset by decline in EBITDA of alumina segment,
following decrease in alumina realized price and third party sales volumes
• LME aluminium price decreased from USD 2,110 in 2018 to
USD 1,792 in 2019 (down 15.1%)
•
The LME QP component decreased in 2019 to USD 1,785 per
tonne (down 15.3% y-o-y), average realised premium
component decreased 11.2% y-o-y to USD 135 per tonne
In 2019, aluminium sales increased by 13.8% y-o-y totaling
4,176 kt.
• Revenue from sales of alumina decreased by 31.9% due to a
decrease in the average sales price by 25.0% together with a
decrease in the sales volumes by 9.2%.
.
In terms of the segment impact the aluminium segment
remained the largest contributor to the Group EBITDA
En+ Group overview
Investment highlights
Sustainable business
development
Results snapshot
Power segment
Ent
GROUP
61
Metals segmentView entire presentation