Group overview. September 2016

Transcription

1 Group overview September 2016

2 Antonio Marcegaglia Chairman Chief Executive Officer Emma Marcegaglia Vice Chairman Chief Executive Officer Founded in 1959 and fully owned by the Marcegaglia family, the group is headquartered in Gazoldo degli Ippoliti, Mantova. Focusing on downstream processing within its extended value chain, Marcegaglia develops the world s widest range of customer tailored steel semi-products and finished goods. Steno Marcegaglia, Founder ( ) The Marcegaglia business model relies on: a combination of high flexibility and economy of scale high diversification of products/markets/industry segments capillary network in sale, international network in purchasing. September

3 Marcegaglia at a glance MARCEGAGLIA TODAY 5,4 million ton processed yearly (2015) 6% OTHERS* 4,1 billion euro sales (2015) 6,500 employees 1 st product range in the world, in terms of width and variety 94% STEEL 43 plants, 60 sales offices 210 representatives 15,000 customers 6,000,000 sqm manufacturing areas * Others include metal solution for building industry, components for the Appliances Industry, Tourism and Real Estate GROUP OVERVIEW September

4 Marcegaglia at a glance WORLDWIDE PRESENCE Bremen Düsseldorf Praszka Kluczbork Dudley Yangzhou Lyon Barcelona Munhall Garuva Vladimir Istanbul Pune Gazoldo degli Ippoliti HEADQUARTERS Gazoldo degli Ippoliti Boltiere Lomagna Lainate Dusino San Michele Corsico Gazoldo degli Ippoliti San Giorgio di Nogaro Contino Gazoldo degli Ippoliti Tezze sul Brenta Casalmaggiore Albignasego Forlì Outsourcing inox Osteria Grande Ravenna GROUP OVERVIEW September

5 Marcegaglia key features Ownership 100% Marcegaglia family Strong market presence (more than 15,000 customers) Strong company values Wide range of products Focus on quality, service, innovation High diversification of markets Obsession with growth, constant and self-financed throughout 50 years Economies of scale + production flexibility Unique strategic positioning GROUP OVERVIEW September

6 Marcegaglia key features OBSESSION FOR GROWTH Turnover Production Compound annual growth rate = ~8.2% (year ) euro/ Recovery from crisis lows = +62% (year 2014 vs 2009) YEAR TONS GROUP OVERVIEW September

7 Marcegaglia key features UNIQUE STRATEGIC POSITIONING While not really involved in the upstream, Marcegaglia covers the entire downstream steel value chain. PRIMARY STEEL PRODUCTION IRON MAKING STEEL MAKING CASTING HOT ROLLING FIRST TRANSFORMATION PICKLING COLD ROLLING GALVANISING COATING INTERMEDIATION TUBE WELDING SECOND TRANSFORMATION PROFILING DISTRIBUTION CUTTING and SLITTING FINISHING and DISTRIBUTION STAMPING END USERS MARKET GROUP OVERVIEW September

8 The Group structure The Group has reorganized his activities by clearly separating the core business (steel) from the diversified activities and creating three different Newcos within the Steel (Marcegaglia Carbon Steel, Marcegaglia Specialties and Marcegaglia Plates) to better pursue dedicated growth opportunities in each segment. FIN. MAR. MARFIN Staff Corporate MARCEGAGLIA HOLDING MARCEGAGLIA STEEL MARCEGAGLIA INVESTMENTS MARCEGAGLIA CARBON STEEL MARCEGAGLIA SPECIALTIES MARCEGAGLIA PLATES Building Marcegaglia Buildtech M. Gulf Italia M. Gulf Qatar FLAT PRODUCTS WELDED TUBES STAINLESS STEEL PRODUCTS COLD-DRAWN BARS HEAVY PLATES M. Romania Dalmine LS HEADQUARTERS GAZOLDO DEGLI IPPOLITI HEADQUARTERS GAZOLDO DEGLI IPPOLITI 1 PLANT ITALY San Michele 3 PLANTS ITALY 4 PLANTS ITALY 2 PLANTS ITALY 1 PLANT ITALY San Giorgio di Nogaro Home Products 3 WAREHOUSES ITALY Oskar PLANTS & SALES OFFICES MARCEGAGLIA CHINA MARCEGAGLIA DO BRASIL MARCEGAGLIA POLAND MARCEGAGLIA UK PLANTS & SALES OFFICES Mariven MARCEGAGLIA RU MARCEGAGLIA TURKEY MARCEGAGLIA USA Imat Energy ETA CO.GE.AM EuroEnergy Group Others particip. Others particip. MARCEGAGLIA BENELUX Engineering Elet.Ca MARCEGAGLIA DEUTSCHLAND Made HSE SALES OFFICES MARCEGAGLIA FRANCE MARCEGAGLIA IBERICA Tourism & Real estate Albarella Others particip. MARCEGAGLIA INDIA Gaia Turismo Others particip. MARCEGAGLIA NORTH EUROPE Palazzo Agricoltura Gabetti Property Solution OTHERS PARTICIPATIONS Metal Interconnector Fontana SIM Consorzio ABSOLUTE Consorzio Absolute Others participations GROUP OVERVIEW September

9 Marcegaglia flat capacities summary CARBON STEEL STAINLESS STEEL k ton/y capacity n. of lines Pickled and Oiled Cold rolled Annealing/Skinpass Hot Dip Galvanized Pre-painted Service center (plants) Heavy plates Tubes and pipes ~100 k ton/y capacity n. of lines A/P lines (HR/CR) Cold rolled Tubes and pipes 500 ~100 GROUP OVERVIEW September

10 Marcegaglia key features GLOBAL FIGURES k ton Actual 2016 Budget Total Steel Carbon Steel Flat Products Carbon Steel Welded Tubes Carbon Steel Heavy Plates Stainless Steel Products Carbon Steel Drawn Bars Others GROUP OVERVIEW September

11 The growth guidelines MORE VOLUME, WITH FOCUS ON SPECIALITIES Carbon Steel Products Semi-processed Silicon Steel Dual Phase Grades High Strength Steels Pre-painted Steels Galvanized Steels ERW Carbon Steel Precision Tubes Cold-Drawn Tubes as replacement for Seamless Tubes Specialty Quarto Plate for end-users GROUP OVERVIEW September

12 The growth guidelines MORE VOLUME, WITH FOCUS ON SPECIALITIES Stainless Steel Products FOCUS ON PROJECTS/END USERS AUTOMOTIVE TUBES growing presence in the automotive market in countries with high growth potential PROCESS PIPES - Heat Exchangers - Feedwater Heaters - Power Plant Evaporators - Boiler Tubes - Press Fitting - Thin Wall Small Tubes in Ferritic - Duplex and Exotic Grades GROUP OVERVIEW September

13 The growth guidelines MORE INVESTMENTS, WITH WIDER INTERNATIONAL PRESENCE INVESTMENTS ABROAD up to 2008: 200 million euro Munhall, Usa 10 million euro Kluczbork, Poland 150 million euro Vladimir, Russia 40 million euro New : 460 million euro Total invest. abroad: 660 million euro Dudley, UK 10 million euro TURNOVER 2010 Total million euro Produced abroad 8% Yangzhou, China 180 million euro TURNOVER 2014 Total 4.1 million euro Garuva, Brazil 60 million euro Produced abroad 12% Corlu, Turkey 10 million euro GROUP OVERVIEW September

14 GAZOLDO DEGLI IPPOLITI (ITALY) HEADQUARTERS AND PLANT

15 RAVENNA (ITALY) PLANT

16 via Bresciani, Gazoldo Ippoliti, Mantova - Italy