Picture of Evraz logo

EVR Evraz News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsHighly SpeculativeMicro Cap

REG - Evraz Plc - EVRAZ plc holds Investor Day <Origin Href="QuoteRef">EVRE.L</Origin>

RNS Number : 8692T
Evraz Plc
18 October 2017

EVRAZ plc holds Investor Day

18 October 2017-EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces that it will hold its Investor Day at 9:00 am in London today.

The Investor Day will feature presentations by EVRAZ executives, including Senior Independent Non-Executive Director Sir Michael Peat, Chief Executive Officer Alexander Frolov, Senior Vice-President, Commerce and Business development, Alexey Ivanov, Vice-President, Head of the Coal Division Sergey Stepanov, Chief Executive Officer of EVRAZ North America, Conrad Winkler and Chief Financial Officer, Nikolay Ivanov.

The main focus of the presentation will be on EVRAZ' long term goals, strategic priorities and initiatives in Steel and Coal in Russia, as well as in Steel, North America.

The Company expects that in 2017 its customer focus initiatives will have c.$62m effect on EBITDA along with its cost savings initiatives which will have c.$158m effect on EBITDA.

In 2017, CAPEX is expected at the level of c.$640m. In 2018, EVRAZ expects CAPEX to be close to $700m.

Webcast and presentation:

A live webcast of the presentations will begin at 09:00amUK and will be accessible via the following link:

http://webcasting.brrmedia.co.uk/broadcast/59d249ced349960788385613

The presentation could be downloaded here:

http://www.rns-pdf.londonstockexchange.com/rns/8692T_-2017-10-17.pdf

The presentation will be also available on the Company's website:http://www.evraz.com/investors/presentations/

###

For further information:

Investor Relations:

Irina Bakhturina

Director, Investor Relations

London: +442078328990 Moscow: +74952321370

ir@evraz.com

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: +442078328998 Moscow: +74959376871

media@evraz.com

EVRAZ plc LEI: 5493005B7DAN39RXLK23


This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMMMGVNNGNZM

Recent news on Evraz

See all news