Alleima hosts its first Capital Markets Day

Published
2022-08-23
Categories

Alleima, formerly Sandvik Materials Technology, which is expected to be listed on Nasdaq Stockholm, today hosts its first Capital Markets Day, in Sandviken, Sweden. At the event, the executive management will present trends and characteristics of the Alleima markets, business, financial performance, and strategic direction.

Alleima advances industries through materials technology. Alleima offers niched and premium products to a wide set of industries and has claimed strong market positions through its leading metallurgy expertise, global reach, and fully integrated value chain.

The strategy is based on driving profitable growth, materials innovation, operational and commercial excellence, and industry-leading sustainability. Through its customer offering and materials expertise, the company is well positioned to benefit from the global transition toward renewable energy. Alleima has also built a solid financial foundation and proven its financial resilience in recent years. Focus going forward is growing the business based on major global trends, such as a large demand for energy and energy production, a strong shift to fossil-free energy and energy-efficiency, as well as a growing and an aging population driving the development of new healthcare technology.

Financial targets (as previously announced)

Organic growth Deliver profitable organic revenue growth in line with or above growth in targeted end markets over a business cycle

Earnings Adjusted EBIT margin[1] to average above 9% over a business cycle

Capital structure Net Debt[2] in relation to Equity below 0.3x

Dividend policy Dividend on average 50% of profit for the period (adjusted for metal price effects[3]) over a business cycle. Dividends to reflect the financial position, cash flow and outlook

“Alleima is a global leader in materials technology, a strong customer partner and a driver of sustainability. We are the result of nearly 160 years of collective minds working together. At our first Capital Markets Day, we are delighted to present the exciting journey we have ahead of us, as a standalone company. We plan to further strengthen our market position by offering our premium products, using our fully integrated value chain, our prominent metallurgy expertise, and global footprint. We will grow our business leveraging major global trends, the strong demand for energy and energy-efficiency, the shift to fossil-free and renewable energy, and the need for new medical technology”, says Göran Björkman, President and CEO of Alleima.

The Capital Markets Day will be webcasted live starting at 10.30 am CEST on https://cmd.alleima.com/, and a recording of the webcast will be published after the event.

Alleima Capital Markets Day agenda (approximate timings, all in CEST)

10:30 – Welcome and safety

10:40 – Introduction to Alleima: Göran Björkman, President and CEO

11:20 – Financial performance and targets: Olof Bengtsson, CFO

11:50 – Q&A

12:00 – Lunch break

12:45 – Division Tube: Michael Andersson, President Tube

13:15 – Division Kanthal: Anders Björklund, President Kanthal

13:40 – Division Strip: Claes Åkerblom, President Strip

14:00 – Capturing the energy transition opportunity: several members of the management team

14:25 – Q&A

14:45 – Concluding remarks: Göran Björkman, President and CEO

15:00 – End of webcast

15:00 Guided tour of the steel mill and Surface Technology facilities (for on-site participants only)

Dial in details for the conference call:

Sweden: +46 8 505 583 65

UK: +44 3 333 009 035

United States: +1 646 722 49 57


The first day of trading on the Nasdaq Stockholm stock exchange is planned for August 31, 2022. For detailed information on the company, including the process to distribute the Alleima shares to Sandvik shareholders, please see the prospectus that was published August 4, 2022, on www.alleima.com.

Sandviken, August 23, 2022

Alleima AB (publ)

Contact details

Emelie Alm, Head of Investor Relations, Alleima
emelie.alm@sandvik.com
Phone: +46 (0) 79 060 87 17

Yvonne Edenholm, Press and Media Relations Manager, Alleima
yvonne.edenholm@sandvik.com
Phone: +46 (0) 72 145 23 42

About Alleima
Alleima AB, formerly Sandvik Materials Technology, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industry, precision strip steel for white goods compressor, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 13.8 billion in 2021, has more than 5,500 employees and customers in approximately 90 countries. Alleima is expected to be listed on Nasdaq Stockholm on August 31, 2022 under the symbol ‘ALLEI’. Learn more at www.alleima.com

Sandvik Group
Sandvik is a global high-tech engineering group offering solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation, rock processing and advanced materials. In 2021 the Group had approximately 44,000 employees and revenues of about 99 billion SEK in about 150 countries.

[1] Adjusted EBIT (operating profit excluding items affecting comparability and metal price effects) in relation to revenues.

[2] Interest-bearing current and non-current debts, including net pension and lease liability, less cash and cash equivalents.

[3] Metal price effect on the operating profit during a particular period from changes in alloy prices arising from the timing difference between the purchase (as included in cost of goods sold) and the sale of an alloy (as included in the revenue) when alloy surcharges are applied.