Home / Press Releases / "Severstal" will present the implementation of the updated strategy investor Day 2019

"Severstal" will present the implementation of the updated strategy investor Day 2019

Press Releases

PAO Severstal, one of the largest vertically integrated
mining and steel companies in the world today, November 7, holds in
London's annual investor Day.


the event will be: Sakari Tamminen (senior independent Director)
Alexander Shevelev (General Director), Alexey (the Deputy
Director General, Finance and Economics), Maria Shalina (Director of
marketing and improving customer experience), Eugene Chernyakov (Director of
companies in the construction industry) and Maxim semenovykh (head of
corporate strategy). Top management of "Severstal" will represent the key
the results of the updated strategy, announced in 2018 and
the forecast for results of operations for further growth financial
performance and creating value for shareholders.


Alexander Shevelev, CEO of Severstal:


"the investor Day is one of the key platforms for communicating with the
current and potential investors of the company. Today during the presentation
we will talk about the results of the past year, elaborate on our progress.
on the way to achieving the renewed strategy of "Severstal"
ambitious goals and comment on how the company will continue to create value
for shareholders in volatile markets. Security is our
a key priority, and we pay more attention to the theme of ESG. In
our proven and effective strategy, a vision which
is to transform "Severstal" in the leader of the metallurgy of
the future, we have formed a clear plan of action to ensure growth.
performance of the company and reaffirm our intention to make $2.1 billion
additional EBITDA in the years 2018-2023 (excluding market factors). At the same
time "Severstal" will continue to maintain a measured approach to the allocation
capital. And we expect that a temporary increase in the company's capital expenditure
will not affect our dividend history, and thus create the basis for
further growth and increase shareholder value".


a live webcast of the presentation event will start at 11:00 in London and
will be available on the company website under the link:
https://www.severstal.com/eg/ir/cmd/registratio

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