1Q 2015 vs 4Q 2014 Summary Financial Highlights Sales decreased QoQ mainly due to the lower volumes across Revenue fell QoQ as a result of lower pipe sales and a all pipe segments negative effect of currency translation -19% QoQ -24%…
1Q 2015 vs 1Q 2014 Summary Financial Highlights Sales declined YoY mostly as a result of lower Revenue fell YoY mainly as a result of a negative volumes of OCTG and industrial pipe effect of currency translation -2% YoY -23% YoY 1,200…
Recent Developments Contracts awarded In March 2015, TMK and Gazprom Burenie, one of Russias largest drilling companies, signed a strategic three-year contract, under which TMK acts as a leading supplier of drill pipe to the…
Russian Market Overview Growing oil drilling market in Russia Key considerations 12 In 1Q2015, the Russian pipe market decreased by 15% 11 compared to the prior quarter, mainly as a result of stock 10 Non-Energy adjustments…
U.S. Market Overview Drop in rig count followed drop in oil prices Key Considerations Oil Gas Crude Oil WTI Spot 2,400 120 In 1Q2015, drilling activity both for oil and natural gas was significantly affected by the drop in energy…
1Q 2015 vs 4Q 2014 Sales by Division and Group of Product Sales by Division 1,000 -16% Russian division sales decreased QoQ mainly due to lower 800 industrial and line pipe volumes. Thousand tonnes 600 American division sales…
1Q 2015 vs 1Q 2014 Sales by Division and Group of Product Sales by Division 840 6% 720 Russian division sales increased YoY mostly due to higher LDP volumes, as well as stronger sales of seamless line pipe. Thousand tonnes 600…
1Q 2015 vs 1Q 2014 Revenue by Division Revenue Revenue per Tonne* -24% 1,000 2,000 7% 800 1,600 -28% -9% U.S. / tonne U.S. mln 600 1,200 981 -22% 1,778 400 800 1,665 748 1,297 1,350 1,180 971 200 418 -12% 400…
Seamless Core to Profitability U.S. mln QoQ, YoY, 1Q 2015 Gross Profit Breakdown 1Q 2015 (unless stated otherwise) % % Other Volumes- Pipe, kt 630 -10% -2% operations 2% Revenue 697 -21% -29% Welded SEAMLESS 23% Gross Profit…
Working Capital Position as of March 31, 2015 Inventories (Days) Accounts Payable (Days) 120 100 105 97 96 77 100 91 90 89 80 75 73 73 64 66 80 60 60 40 40 20 20 0 0 2010 2011 2012 2013 2014 1Q 2015 2010 2011 2012 2013…
Debt Maturity Profile as of March 31, 2015 As of March 31, 2015, total financial 700 debt amounted to U.S.3,087 mln 600 84% of total financial debt is long- term 500 Weighted average nominal interest 400 rate totalled 9.04% U.S.…
Debt Profile as of March 31, 2015 More than U.S.600 mln of undrawn committed credit lines to Debt Breakdown by Source of Borrowings cover short-term debt 600 Utilized Credit Facilities 500 Unutilized Credit Facilities Bonds 33%…
Outlook For the full year of 2015, TMK expects demand for LD pipe to be the main driver in the Russian pipe market offsetting lower consumption in other market segments. The Company expects the Russian OCTG pipe market to remain…
Thank You TMK Investor Relations 40/2a, Pokrovka Street, Moscow, 105062, Russia +7 (495) 775-7600 IRtmk-group.com 19
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