- ISIN FI0009800098
Ruukki Group Oyj
RUUKKI GROUP PLC’S NEW SEGMENT REPORTING
Ruukki Group Plc / Miscellaneous
28.04.2011 08:00
Dissemination of a UK Regulatory Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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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
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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
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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
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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
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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
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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
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RUUKKI GROUP PLC
Danko Koncar
Acting Managing Director
For additional information, please contact:
Ruukki Group Plc
Markus Kivimaeki, 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
News Source: NASDAQ OMX
28.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Ruukki Group Plc
FI
Phone:
Fax:
E-mail:
Internet:
ISIN: FI0009800098
Category Code: MSC
LSE Ticker: RKKI
Sequence Number: 785
Time of Receipt: Apr 28, 2011 08:00:05
End of Announcement DGAP News-Service
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