EVRAZ plc holds Investor Day
The Investor Day will feature presentations by EVRAZ executives, including Chairman, Alexander Abramov, Senior Independent Non-Executive Director Sir Michael Peat and Chief Executive Officer Alexander Frolov.
The Investor Presentation will include an overview of the company’s business strategy, updates on key programs and projects, as well as an overview of near-term strategic goals, including:
· total debt amounted to \$6.8bn as of 31 May 2015
· projected increase of production of large diameter pipes for gas pipelines in North America: 364 kt in 2014 to 465 kt in 2015 (growth by 28%)
· development CAPEX 2015 at c.\$215m
· maintenance CAPEX 2015 expected at c.\$335m
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