Certain information contained in this presentation including any information on Eramet's plans or future financial or operating performance and any other statements that express management's expectations or estimates of future performance, constitute forward-looking statements. Such statements are based on a number of estimates and assumptions that, while considered reasonable by management at the time, are subject to significant business, economic and competitive uncertainties. Eramet cautions that such statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Eramet to be materially different from the company's estimated future results, performance or achievements expressed or implied by those forward-looking statements.
Past performance information given in this presentation is solely provided for illustrative purposes and is not necessarily a guide to future performance. No representation or warranty is made by any person as to the likelihood of achievement or reasonableness of any forward-looking statements, forecast financial information or other forecast. Nothing contained in this presentation is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or future performance of Eramet.
Nothing in this presentation should be construed as either an offer to sell or a solicitation to buy or sell securities nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such jurisdiction.
2 Eramet - 2021 half-year results
Contents
Introduction
1 - CSR commitments
2 - Financial results
3 - Operational performance
4 - Strategic transformation
Conclusion and outlook
3 Eramet - 2021 half-year results
Introduction
Significant improvement of all financials in H1 leading to a reduction in net debt vs 2020
Sales €1,878m
+11% vs H1 2020 (€1,687m)
EBITDA €293m
+144% vs H1 2020 (€120m)
COI €159m
(Current Operating Income)
Net income - Group share
€53m
vs H1 2020 (-€623m o/w
-€381m asset impairment)
High-Performance
Erasteel
Mining & Metals
Alloys division
division
18%
5%
82%
Aubert & Duval
13%
€1,878m
Mineral Sands BU
Manganese BU
7%
47%
Nickel BU
27%
FCF €111m
vs H1 2020 (-€210m)Net debt €1,244m
vs 2020 (€1,333m)
Gearing for covenant purposes1
92%
5 Eramet - 2021 half-year results
1 Excl. IFRS 16 impact, excl. French govt. loan to SLN
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Eramet SA published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 08:36:06 UTC.
Eramet, a global mining and metallurgical group, is a key player in the extraction and valorisation of metals (manganese, nickel, mineral sands) and the elaboration and transformation of alloys with a high added value (high-speed steels, high-performance steels, superalloys, aluminium and titanium alloys).
The group supports the energy transition by developing activities with high growth potential. These include lithium extraction and refining, and recycling.
Eramet positions itself as the privileged partner of its customers in sectors that include carbon and stainless steel, aerospace, pigments, energy, and new battery generations.
Building on its operating excellence, the quality of its investments and the expertise of its employees, the group leverages an industrial, managerial and societal model that is virtuous and value-accretive.
Net sales break down by family of products mainly between manganese (60.8%), nickel (30.6%), and mineralized sands (8.5%).
Net sales are distributed geographically as follows: France (1.3%), Europe (20.4%), China (31.1%), Asia (29%), North America (12.4%), Africa (2.3%), Oceania (2.2%) and South America (1.3%).
ERAMET 
