Severstal Holds 2013 Capital Markets Day
OREANDA-NEWS. Severstal (“Severstal”, the “Company”) (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is today hosting its annual Capital Markets Day in London.
At today’s event members of Severstal’s senior management team will update investors and analysts on the Company’s progress against its stated strategic objectives. The presenting team comprises Christopher Clark (Chairman), Alexey Mordashov (CEO), Vadim Larin (COO), and Alexey Kulichenko (CFO). Together they will demonstrate that Severstal’s focused strategy and vertically integrated business model positions the Company to deliver continued outperformance throughout the industry cycle.
The key themes that will be addressed in today’s presentations are Severstal’s:
Commitment to the highest standards of governance, health and safety and CSR;
Continued execution of its strategy and progress against stated objectives;
Increased focus on high-margin, high value-added products;
Relentless efficiency enhancements and tight cost management;
Prioritisation of free cash flow and maintaining a conservative debt policy.
Alexey Mordashov, Chief Executive Officer, said: “The Capital Markets Day is a very important annual event for the Company and demonstrates our continued commitment to best-practice communications with our shareholders. Today we will demonstrate why the key pillars of our strategy, namely vertical integration and a focus on growth markets, higher margin products and vigorous efficiency enhancements, continue to underpin our ability outperform in all market conditions.”
No new financial disclosure beyond that which is included in the Company’s Q3 2013 financial results statement announced today will be discussed.
The event will take place in Central London. To register your interest in attending, please email Emily Dillon at Hudson Sandler at (edillon@hudsonsandler.com). Attendance is strictly limited to registered individuals. The presentations will begin at 1.15pm and will be webcast live on the Company’s website. Please go to http://www.severstal.com/eng/ir/cmd/ to register and access.
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