Evraz Plc EVRAZ holds Capital Markets Day
RNS Number : 8608R
10 November 2021
EVRAZ holds Capital Markets Day
10 November 2021 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the
"Company") announces that it will be hosting its Capital Markets
Day at 11:00 am Moscow time (8:00 am UK time) today.
The Capital Markets Day will feature the presentation by EVRAZ
executives, including Sir Michael Peat (Senior Independent
Non-Executive Director), Aleksey Ivanov (CEO), Ilya Shirokobrod
(Vice-President, Sales and Logistics) and Nikolay Ivanov (CFO).
The presentation will provide the status of the Potential
Demerger of coal assets, an update on ESG targets and initiatives
and steel business` growth strategy overview.
For 2021-26 period, EVRAZ is considering several key investment
projects with the target to secure EBITDA growth in the amount of
The Company is expecting the effect on EBITDA from the Steel
segment's sales strategy execution to amount to c.US$300 million
(partially included into the above mentioned figure) in 2026.
Average annual capital expenditures are expected to be around
US$1.0 billion per annum in 2021-2026, including plans to invest
around US$200 million in the environmental projects in
Webcast and presentation:
A live webcast of the presentation will begin at 11:00 am Moscow
time (8:00 am UK time) and will be available at the following
To ask a question during the live event please:
-- For the written question - 1) enter your name using "log in",
2) type your question in "Comments", 3) press "Send"
-- For the audio question - 1) enter your name using "log in",
2) type the word "Audio" in "Comments", 3) press "Send", 4) you
will receive a link in the chat to connect with the live stream
The presentation will be also available on the Company's
For further information:
+7 495 937 6871
+44 207 290 1096
+7 495 232 1370
+44 207 290 1095
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(END) Dow Jones Newswires
November 10, 2021 02:00 ET (07:00 GMT)
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