Severfield plc Annual General Meeting 2 September 2014 Welcome and - - PowerPoint PPT Presentation

Severfield plc

Annual General Meeting 2 September 2014

John Dodds Chairman Ian Lawson Chief Executive Officer Ian Cochrane Chief Operating Officer Alan Dunsmore Finance Director Derek Randall Executive Director & Managing Director at JSW Severfield Structures Ltd Kevin Whiteman Non-executive Director & Senior Independent Director Tony Osbaldiston Non-executive Director & Chairman of Audit Committee Alun Griffiths Non-executive Director & Chairman of Remuneration Committee Chris Holt Non-executive Director Mark Sanderson Company Secretary

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Welcome and introduction to the Board

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AGM Statement

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CEO’s Business Review

Annual General Meeting 2 September 2014

What we are

• Severfield is the UK's premier structural steel company
• We are the largest structural steel business in the UK and
• ne of the biggest in Europe
• We are a business built on the pride, passion, and quality
• f our people

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Where we are

Dalton, Thirsk Lostock, Bolton Sherburn, Scarborough Enniskillen, N. Ireland Bellary, India

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What sets us apart?

• Our markets and our position within them
• Our capability and people
• Our stability and capacity
• A strong platform for growth

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What we do

Design Fabrication Construction

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The UK market (2013)

• Current estimated UK capacity – 1,000,000 tonnes
• Total UK production of constructional steelwork – 848,000 tonnes
• Our current addressable market – 500,000 tonnes
• Our current share of UK market – 90,000 tonnes
• Our potential capacity – 150,000 tonnes

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Source: BCSA

Current tonnage outputs (2013) Top 12 companies

10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000

Output (tonnes)

# William Hare includes output from UAE factory 10

Consistent and quality order book

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Current major projects

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London Bridge Station Canopies 5 Broadgate, London

Current major projects

Manchester Victoria Station

Current major projects

Aldgate Tower, London Essex Waste to Energy Facility

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Current major projects

Glasgow Smartbridge

Current major projects

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Data Centre, Amsterdam

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Prospects

New Liverpool Stand, Anfield

Prospects

Ordsall Chord Bridges

Warehouses & Distribution Centres

Prospects

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Casement Park, Belfast

Prospects

Angel Court, London

India – Work in progress

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• Factory capacity 60,000 tonnes
• Current order book - £34m / 34,000t
• Challenging market
• Election outcomes
• Views in the market
• Our partner JSW
• Current strategy

OPG Power Station JSSL Facility, Bellary

A new brand

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Proud of our past: Positioning for our future

Our Vision: To be leaders in structural steel, creating a legacy for future generations through world class engineering and design excellence.

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Our Values:

• SAFETY
• INTEGRITY
• CUSTOMER FOCUS
• COMMITMENT

A strong platform for growth

A Clear Strategy

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• The business is in a much improved state from 12 months ago
• We have unrivalled capabilities which puts us in prime position as the

economy starts to improve

• Our facilities are the best in the UK and possibly Europe
• In the UK there are areas and sectors of the market where our market

share can possibly be improved

• There are potential opportunities for growth in Europe
• We have a very skilled and dedicated workforce
• We have appointed new non-executive directors to make us both

compliant and to inject fresh ideas and support into the business

• Strong differentiating brand and clear purpose and direction for the

company

• UK markets showing signs of growth

Thank you