ALUMETAL Alumetal Group
1H 2021 financial results
17 August 2021
1H 2021 and LTM at glance
Volume sales - 121,3 k tons in 1H 2021 and 205,7 k tons in LTM
EBITDA - PLN 118,5 mn in 1H 2021 and PLN 179,8 mn in LTM
Normalized net profit - PLN 88,0 mn in 1H 2021 and PLN 133,6 mn in LTM
Operating cash flow - PLN 5,9 mn in 1H 2021 and minus PLN 1,5 mn in LTM
Net debt - PLN 139,2 mn (0,8x EBITDA)
Motor vehicle registrations in the EU and UK in thou. units
5 500 | |||||||||
5 000 | 66% | ||||||||
4% | |||||||||
4 500 | |||||||||
4 000 | |||||||||
3 500 | |||||||||
3 000 | |||||||||
2 500 | |||||||||
2 000 | |||||||||
1 500 | |||||||||
1 000 | |||||||||
500 | |||||||||
- | |||||||||
1Q | 2Q | 3Q | 4Q | ||||||
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
- In 1H 2021 new motor vehicle registrations in the EU and UK increased by 29% (increase passenger cars (PC) by 27% and commercial vehicles (CV) by 42%)
- In LTM sales volume of motor vehicles in the EU and UK amounted to 15,33 mn units, increased by 13% in comparison to 2020 (increase in PC sales by 12% and CV sales by 18%)
Changing structure of motor vehicles in the EU and UK
100% | |||||||||||||||||||||||||||||||||||||||||
90% | |||||||||||||||||||||||||||||||||||||||||
80% | |||||||||||||||||||||||||||||||||||||||||
70% | |||||||||||||||||||||||||||||||||||||||||
60% | |||||||||||||||||||||||||||||||||||||||||
50% | |||||||||||||||||||||||||||||||||||||||||
40% | |||||||||||||||||||||||||||||||||||||||||
35% | 39% | ||||||||||||||||||||||||||||||||||||||||
30% | |||||||||||||||||||||||||||||||||||||||||
33% | |||||||||||||||||||||||||||||||||||||||||
20% | |||||||||||||||||||||||||||||||||||||||||
18% | 19% | 25% | |||||||||||||||||||||||||||||||||||||||
10% | |||||||||||||||||||||||||||||||||||||||||
6% | 7% | 9% | 9% | 11% | 13% | ||||||||||||||||||||||||||||||||||||
0% | |||||||||||||||||||||||||||||||||||||||||
2017 | 2018 | 1Q'19 | 2Q'19 | 3Q'19 | 4Q'19 | 1Q'20 | 2Q'20 | 3Q'20 | 4Q'20 | 1Q'21 | 2Q'21 | ||||||||||||||||||||||||||||||
HEV+PHEV+EV+APV | D+P | ||||||||||||||||||||||||||||||||||||||||
- In 2Q 2021 the trend of growing share of sales of alternative powertrain vehicles continued, nearly 40% of new cars registered in the EU and UK already have other than an internal combustion engine
- The share of alternative powertrain vehicles in the sales structure doubled during the year
Metal Bulletin 226 alloy spread in EUR/t
700
600
500
400
341
300
200
100
0
month average | ten-year average | |
- In 2Q 2021 average margin amounted to 392 EUR/t and was 15% higher than the ten-year average margin
- In 1H 2020 the average margin amounted to 475 EUR/t and was 23% higher than the average margin in 2020 and 39% higher than the ten-year average
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Alumetal SA published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 11:23:11 UTC.
