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Severfield plc Annual General Meeting 2 September 2014 Welcome and - PowerPoint PPT Presentation

Sep 01, 2023 •158 likes •409 views

Severfield plc Annual General Meeting 2 September 2014 Welcome and introduction to the Board John Dodds Chairman Ian Lawson Chief Executive Officer Ian Cochrane Chief Operating Officer Alan Dunsmore Finance Director Derek Randall Executive

  1. Severfield plc Annual General Meeting 2 September 2014

  2. Welcome and introduction to the Board John Dodds Chairman Ian Lawson Chief Executive Officer Ian Cochrane Chief Operating Officer Alan Dunsmore Finance Director Derek Randall Executive Director & Managing Director at JSW Severfield Structures Ltd Kevin Whiteman Non-executive Director & Senior Independent Director Tony Osbaldiston Non-executive Director & Chairman of Audit Committee Alun Griffiths Non-executive Director & Chairman of Remuneration Committee Chris Holt Non-executive Director Mark Sanderson Company Secretary 2

  3. AGM Statement 3

  4. CEO’s Business Review Annual General Meeting 2 September 2014 4

  5. What we are • Severfield is the UK's premier structural steel company • We are the largest structural steel business in the UK and one of the biggest in Europe • We are a business built on the pride, passion, and quality of our people 5

  6. Where we are Dalton, Thirsk Lostock, Bolton Sherburn, Scarborough Enniskillen, N. Ireland Bellary, India 6

  7. What sets us apart? • Our markets and our position within them • Our capability and people • Our stability and capacity • A strong platform for growth 7

  8. What we do Design Fabrication Construction 8

  9. The UK market (2013) • Current estimated UK capacity – 1,000,000 tonnes • Total UK production of constructional steelwork – 848,000 tonnes • Our current addressable market – 500,000 tonnes • Our current share of UK market – 90,000 tonnes • Our potential capacity – 150,000 tonnes Source: BCSA 9

  10. Current tonnage outputs (2013) Top 12 companies 90,000 80,000 70,000 60,000 Output (tonnes) 50,000 40,000 30,000 20,000 10,000 0 10 # William Hare includes output from UAE factory

  11. Consistent and quality order book 11

  12. Current major projects 5 Broadgate, London London Bridge Station Canopies 12

  13. Current major projects Manchester Victoria Station

  14. Current major projects Aldgate Tower, London Essex Waste to Energy Facility 14

  15. Current major projects Glasgow Smartbridge

  16. Current major projects Data Centre, Amsterdam 16

  17. Prospects New Liverpool Stand, Anfield 17

  18. Prospects Ordsall Chord Bridges

  19. Prospects Warehouses & Distribution Centres 19

  20. Prospects Casement Park, Belfast Angel Court, London

  21. India – Work in progress • Factory capacity 60,000 tonnes • Current order book - £34m / 34,000t • Challenging market OPG Power Station • Election outcomes • Views in the market • Our partner JSW • Current strategy JSSL Facility, Bellary 21

  22. A new brand 22

  23. Proud of our past: Positioning for our future Our Vision: To be leaders in structural steel, creating a legacy for future generations through world class engineering and design excellence. Our Values: • S AFETY • I NTEGRITY • C USTOMER F OCUS • C OMMITMENT 23

  24. A strong platform for growth • The business is in a much improved state from 12 months ago • We have unrivalled capabilities which puts us in prime position as the economy starts to improve • Our facilities are the best in the UK and possibly Europe • In the UK there are areas and sectors of the market where our market share can possibly be improved • There are potential opportunities for growth in Europe • We have a very skilled and dedicated workforce • We have appointed new non-executive directors to make us both compliant and to inject fresh ideas and support into the business • Strong differentiating brand and clear purpose and direction for the company • UK markets showing signs of growth A Clear Strategy 24

  25. Thank you

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