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Sahaviriya Steel Industries PLC Sahaviriya Steel Industries PLC - - PowerPoint PPT Presentation
Bring you a stronger future Bring you a stronger future Sahaviriya Steel Industries PLC Sahaviriya Steel Industries PLC Quarterly Results Presentation esults Presentation Quarterly R Period Ended 31 March 2007 31 March 2007 Period Ended
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Disclaimer The information contained in this presentation is intended solely for your personal reference
distribute or take any action in reliance upon this material. This presentation is not intended to substitute your own analysis and investigation, and should not be considered a recommendation to any recipient of this presentation. Some statements contained herein are forward-looking statements identified by the use of forward- looking terminology such as “may” , “will” , “expect” , “anticipate”, “intend” , “estimate” , “continue”, “plan” or other similar words, which are subject to various risks and uncertainties. These statements include statements with respect to the Company’s corporate plans, strategies and beliefs and other statements that are not historical facts. . This presentation is prepared based on the assumptions and beliefs of Sahaviriya Steel Industries Public Company Limited (the “Company” or “SSI”)’s management in light of the information currently available to the Company involving risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this presentation is, or shall be relied on as promise or representation of the Company as to the future. Disclaimer Disclaimer The information contained in this presentation is intended solel The information contained in this presentation is intended solely for your personal reference y for your personal reference
disclose, copy, circulate , retain, distribute or take any action in reliance upon this material. T distribute or take any action in reliance upon this material. This presentation is not intended to his presentation is not intended to substitute your own analysis and investigation, and should not b substitute your own analysis and investigation, and should not be considered a e considered a recommendation to any recipient of this presentation. Some stat recommendation to any recipient of this presentation. Some statements contained herein are ements contained herein are forward forward-
looking statements identified by the use of forward-
looking terminology such as “ “may may” ” , , “ “will will” ” , , “ “expect expect” ” , , “ “anticipate anticipate” ”, , “ “intend intend” ” , , “ “estimate estimate” ” , , “ “continue continue” ”, , “ “plan plan” ” or other
similar words, which are subject to various risks and uncertaint similar words, which are subject to various risks and uncertainties. These statements include
statements with respect to the Company statements with respect to the Company’ ’s corporate plans, strategies and beliefs and other s corporate plans, strategies and beliefs and other statements that are not historical facts. . This presentation is statements that are not historical facts. . This presentation is prepared based on the prepared based on the assumptions and beliefs of Sahaviriya Steel Industries Public Co assumptions and beliefs of Sahaviriya Steel Industries Public Company Limited (the mpany Limited (the “ “Company Company” ” or
“SSI SSI” ”) )’ ’s management in light of the information currently available to s management in light of the information currently available to the the Company involving risks and uncertainties which may cause the ac Company involving risks and uncertainties which may cause the actual results, performance or tual results, performance or achievements to be materially different from any future results, achievements to be materially different from any future results, performance or achievements performance or achievements expressed or implied by such forward expressed or implied by such forward-
looking statements. Nothing in this presentation is, or shall be relied on as promise or representation of the Company a shall be relied on as promise or representation of the Company as to the future. s to the future.
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Unit : million baht Unit : million baht Market Market recovered recovered Prices Prices bottomed out bottomed out Demand Demand bottomed out bottomed out Demand Demand slowdown slowdown Prices Prices recovered recovered
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Unit : million baht Unit : million baht
500 571 1,539 25 673
46 1,550 642 452 111
reversal reversal
million million reversal reversal Bt.339 Bt.339 million million provision provision Bt.414 Bt.414 million million reversal reversal Bt.147 Bt.147 million million reversal reversal
EBITDA EBITDA Net Profit Net Profit
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7 Middle-East 43% Europe 10% Vietnam 44% Other Asia & Australia 3%
Export 26% Domestic 74%
Basic Premium
1Q07 Sales breakdown by product application 1Q07 Sales breakdown by product application 1Q07 sales by market 1Q07 sales by market 1Q07 export by country 1Q07 export by country C ommercial 3 9 % Premium 6 1% Pipe & Spiral Others CRC Auto/HA Gas Cylinder
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8 Inventory Inventory Liabilities Liabilities
Unit : million baht
22,066 24,610 21,413 19,763 17,732
15,710 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
YoY -29% QoQ -11%
Net Debt / Equity Net Debt / Equity
1.0X 1.2x 1.5x 1.1x 1.7x 2x Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
31,035 33,706 28,877 26,528 24,489
22,816 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
YoY -26% QoQ -7%
SSI Inventory Index SSI Inventory Index
64% 72% 100% 80% 87% 90%
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
SSI
YoY -41% QoQ -9%
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