2011-04-28 08:00:00 CEST
2011-04-28 08:00:06 CEST
REGULATED INFORMATION
Ruukki Group Oyj - Company Announcement
RUUKKI GROUP PLC´S NEW SEGMENT REPORTING
07:00 London, 09:00 Helsinki, 28 April 2011 - Ruukki Group Plc, Stock Exchange Release RUUKKI GROUP PLC´S NEW SEGMENT REPORTING Ruukki Group Plc (“Ruukki” or the “Company”) (LSE: RKKI, OMX: RUG1V) announces that the Company will report its financial performance in two new reporting business segments from the beginning of 2011; the FerroAlloys and the Speciality Alloys business segments. The new segment reporting reflects the Company's transformation into a pure mining, smelting and metals processing business. The FerroAlloys business segment consists of the previous South African minerals business and the Speciality Alloys business segment includes the previous Southern European minerals business. The revenue and costs of the Company's sales and marketing arm RCS, which was previously reported under Southern European minerals business, will now be allocated to the two new business segments in proportion to their sales. Group's other operations include the Group's headquarter and other Group companies which do not have significant business operations. Previously Ruukki reported the Southern European and the South African minerals businesses as part of the Minerals business segment. Ruukki has recently announced the sales of its Wood Processing businesses, including the House building, Pallet and Sawmill businesses, that are classified as discontinued operations. The new segments will be reported in Ruukki's interim report for January-March 2011, due to be announced on 11 May 2011. Comparative figures for segments for the financial period 2010: 1.1.- Special Ferro Other Continuing Discontin Adjustment Group 31.3.201 ity Alloys operati operations ued s and 0 Alloys ons total operation eliminatio 3 months s ns EUR '000 -------------------------------------------------------------------------------- Revenue 12,121 17,847 129 30,097 24,437 -105 54,429 EBITDA -225 2,727 -3,392 -891 3,077 0 2,186 EBIT -4,409 583 -3,409 -7,235 1,669 0 -5,567 Segment's 187,270 227,219 43,391 451,872 121,708 -3,064 570,516 assets Segment's 70,089 111,148 41,982 217,229 69,890 -3,246 283,873 liabilit ies -------------------------------------------------------------------------------- 1.1.-30. Special Ferro Other Continuing Discontin Adjustment Group 6.2010 ity Alloys operati operations ued s and 6 months Alloys ons total operation eliminatio EUR '000 s ns -------------------------------------------------------------------------------- Revenue 34,066 35,155 401 69,623 55,310 -348 124,584 EBITDA 3,691 6,102 -10,341 -548 8,286 -69 7,669 EBIT -4,780 1,821 -10,375 -13,333 5,820 -69 -7,582 Segment' 178,447 244,282 31,841 445,188 123,027 -14,387 553,827 s assets Segment' 69,999 102,812 54,709 205,526 68,727 -1,936 272,316 s liabili ties -------------------------------------------------------------------------------- 1.1.-30. Special Ferro Other Continuing Discontin Adjustment Group 9.2010 ity Alloys operati operations ued s and 9 months Alloys ons total operation eliminatio EUR '000 s ns -------------------------------------------------------------------------------- Revenue 52,289 45,954 455 98,698 83,954 -398 182,254 EBITDA 6,446 4,720 -13,534 -2,368 13,033 -2 10,663 EBIT -6,804 -1,882 -13,584 -22,270 9,705 -2 -12,567 Segment' 179,175 237,165 16,639 423,132 122,342 -1,589 543,884 s assets Segment' 73,849 96,269 44,946 196,531 70,681 -1,688 265,523 s liabili ties -------------------------------------------------------------------------------- 1.1.-31. Special Ferro Other Continuing Discontin Adjustment Group 12.2010 ity Alloys operati operations ued s and 12 Alloys ons total operation eliminatio months s ns EUR '000 -------------------------------------------------------------------------------- Revenue 69,017 54,006 967 123,990 125,374 -910 248,454 EBITDA 7,803 -972 -16,306 -9,475 20,111 -3 10,633 EBIT -10,009 -50,216 -16,370 -76,595 15,853 -3 -60,744 Segment' 171,109 248,011 29,329 439,545 121,682 -4,196 557,030 s assets Segment' 80,265 136,703 50,172 255,475 80,734 -15,534 320,675 s liabili ties -------------------------------------------------------------------------------- 1.4.-30 Speciali Ferro Other Continuing Discontinu Adjustments Group .6.2010 ty Alloys operatio operations ed and Q2 Alloys ns total operations elimination EUR s '000 -------------------------------------------------------------------------------- Revenue 21,945 17,308 273 39,526 30,873 -243 70,155 EBITDA 3,916 3,375 -6,949 343 5,208 -69 5,482 EBIT -371 1,239 -6,966 -6,098 4,151 -69 -2,016 -------------------------------------------------------------------------------- 1.7.-30 Speciali Ferro Other Continuing Discontinu Adjustments Group .9.2010 ty Alloys operatio operations ed and Q3 Alloys ns total operations elimination EUR s '000 -------------------------------------------------------------------------------- Revenue 18,223 10,799 53 29,075 28,644 -50 57,669 EBITDA 2,755 -1,382 -3,193 -1,820 4,747 67 2,994 EBIT -2,024 -3,704 -3,209 -8,937 3,885 67 -4,985 -------------------------------------------------------------------------------- 1.10.-3 Special Ferro Other Continuing Discontin Adjustments Group 1.12.20 ity Alloys operati operations ued and 10 Alloys ons total operation elimination Q4 s s EUR '000 -------------------------------------------------------------------------------- Revenue 16,727 8,052 512 25,292 41,421 -512 66,200 EBITDA 1,357 -5,692 -2,772 -7,107 7,079 -1 -30 EBIT -3,205 -48,333 -2,786 -54,325 6,149 -1 -48,177 -------------------------------------------------------------------------------- RUUKKI GROUP PLC Danko Koncar Acting Managing Director For additional information, please contact: Ruukki Group Plc Markus Kivimäki, Head of Corporate Affairs, +358 (0)50 3495 687, markus.kivimaki@ruukkigroup.fi Thomas Hoyer, CFO, +358 (0)45 6700 491, thomas.hoyer@ruukkigroup.fi Investec Bank Plc Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk RBC Capital Markets Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com Ruukki Group is a natural resources company with a mining and minerals business in southern Europe and southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI). www.ruukkigroup.fi Distribution: NASDAQ OMX Helsinki London Stock Exchange main media www.ruukkigroup.fi
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