Today, Alleima, formerly Sandvik Materials Technology, arranged its first Capital Markets Day. During the event, representatives of the executive management team presented an in-depth overview of the strategic direction, product offering, key customer segments, and financial targets of Alleima as a standalone listed company.
The event was hosted at the industrial site in Sandviken, Sweden, and was followed by a guided tour of the Steel mill and Surface technology facilities.
Watch the recorded webcast from the event at this link.
“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 today, we presented the exciting journey we have ahead of us, as a standalone company,” says Göran Björkman, President and CEO of Alleima.
“It was great to see such a strong interest in Alleima at our Capital Markets Day. We took the opportunity to discuss our strategic direction, priorities, our unique capabilities, and growth opportunities in our divisions' Tube, Strip and Kanthal in more detail”, says Göran Björkman.
The strategy of Alleima is based on driving profitable growth, materials innovation, operational and commercial excellence, and industry-leading sustainability.
“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”, Göran Björkman continues.
Alleima has built a solid financial foundation with attractive and resilient earnings and cash flow profile through continuous improvements and footprint optimization, pricing management and mix optimization.
Innovation is and has always been a key to success and essential for its customers. Building on a history dating back to 1862, Alleima today maintains a portfolio of over 900 active alloy recipes for further processing into different niche applications.
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.
With leading positions in the industrial, chemical, power generation, and oil and gas segments, also the Alleima offering for high-growth segments such as industrial heating, aerospace, medical, and hydrogen and renewable energy is market-leading.
“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,” continues Björkman.
Sustainability was a key topic during the day, and it was discussed how sustainability is an integral part of the commercial strategy and present in all aspects of the operations.
“Recycling is in our DNA; we’ve been doing this for over 100 years,” explains Göran Björkman. “Our stainless steel contains 82% recycled steel and all electricity bought in Europe is fossil-free to name a few examples. The main contribution to sustainability is however through our product offering, enabling the transition to renewable energy sources, electrification of industries, innovation in the medical sector and much more.”
A few examples of products leveraging on the shift to sustainability are industrial heating technology, stainless tubes for hydrogen refueling stations, strip steel for compressors and coated bi-polar plates for fuel cell technology for cars, trucks and hydrogen production. Alleima also provides high performance materials for concentrated solar power and geothermal energy.
Additionally, a large and increasing share of the strategic R&D budget is geared towards the green transition.
The strategy is based on driving profitable growth, materials innovation, operational and commercial excellence, and industry-leading sustainability
A recorded webcast from the event is available at this link.
Alleima is planned to be listed on Nasdaq Stockholm Exchange as a standalone company, on August 31, 2022.
For detailed information about Alleima, including the process to distribute the Alleima shares to Sandvik shareholders, please see the prospectus that was published on August 4, 2022, on alleima.com/en/investors/