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Afarak Group

Earnings Release Apr 28, 2011

3302_rns_2011-04-28_0ac80171-8eb0-4232-9136-bd4c922ad6ca.pdf

Earnings Release

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Ruukki Group Oyj / 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. ---------------------------------------------------------------------------

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.-
31.3.201
0
3 months
EUR '000
Special
ity
Alloys
Ferro
Alloys
Other
operati
ons
Continuing
operations
total
--------------------------------------------------------------------------------
Discontin
ued
operation
s
Adjustment
s and
eliminatio
ns
Group
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
assets
187,270 227,219 43,391 451,872 121,708 -3,064 570,516
Segment's
liabilit
ies
70,089 111,148 41,982 217,229 69,890 -3,246 283,873
--------------------------------------------------------------------------------
1.1.-30.
6.2010
6 months
Special
ity
Alloys
Ferro
Alloys
Other
operati
ons
Continuing
operations
total
Discontin
ued
operation
Adjustment
s and
eliminatio
Group
EUR '000 -------------------------------------------------------------------------------- s ns
Revenue 34,066 35,155 401 69,623 55,310 -348 124,584
EBITDA
EBIT
3,691
-4,780
6,102
1,821
-10,341
-10,375
-548
-13,333
8,286
5,820
-69
-69
7,669
-7,582
Segment'
s assets
178,447 244,282 31,841 445,188 123,027 -14,387 553,827
Segment'
s
liabili
ties
69,999 102,812 54,709 205,526 68,727 -1,936
--------------------------------------------------------------------------------
272,316
1.1.-30.
9.2010
9 months
EUR '000
Special
ity
Alloys
Ferro
Alloys
Other
operati
ons
Continuing
operations
total
Discontin
ued
operation
s
Adjustment
s and
eliminatio
ns
--------------------------------------------------------------------------------
Group
Revenue
EBITDA
EBIT
Segment'
s assets
52,289
6,446
-6,804
179,175
45,954
4,720
-1,882
237,165
455
-13,534
-13,584
16,639
98,698
-2,368
-22,270
423,132
83,954
13,033
9,705
122,342
-398
-2
-2
-1,589
182,254
10,663
-12,567
543,884
Segment'
s
liabili
ties
73,849 96,269 44,946 196,531 70,681 -1,688
--------------------------------------------------------------------------------
265,523
1.1.-31.
12.2010
12
months
EUR '000
Special
ity
Alloys
Ferro
Alloys
Other
operati
ons
Continuing
operations
total
Discontin
ued
operation
s
Adjustment
s and
eliminatio
ns
Group
Revenue
EBITDA
EBIT
Segment'
s assets
Segment'
s
69,017
7,803
-10,009
171,109
80,265
54,006
-972
-50,216
248,011
136,703
967
-16,306
-16,370
29,329
50,172
123,990
-9,475
-76,595
439,545
255,475
125,374
20,111
15,853
121,682
80,734
--------------------------------------------------------------------------------
-910
-3
-3
-4,196
-15,534
248,454
10,633
-60,744
557,030
320,675
liabili
ties
--------------------------------------------------------------------------------
1.4.-30
.6.2010
Q2
EUR
'000
Speciali
ty
Alloys
Ferro
Alloys
Other
operatio
ns
Continuing
operations
total
Discontinu
ed
operations
Adjustments
and
elimination
s
--------------------------------------------------------------------------------
Group
Revenue
EBITDA
EBIT
21,945
3,916
-371
17,308
3,375
1,239
273
-6,949
-6,966
39,526
343
-6,098
30,873
5,208
4,151
-243
-69
-69
--------------------------------------------------------------------------------
70,155
5,482
-2,016
1.7.-30
.9.2010
Q3
EUR
'000
Speciali
ty
Alloys
Ferro
Alloys
Other
operatio
ns
Continuing
operations
total
Discontinu
ed
operations
Adjustments
and
elimination
s
Group
Revenue 18,223 10,799 53 29,075 28,644 --------------------------------------------------------------------------------
-50
57,669
EBITDA
EBIT
2,755
-2,024
-1,382
-3,704
-3,193
-3,209
-1,820
-8,937
4,747
3,885
67
67
2,994
-4,985
--------------------------------------------------------------------------------
1.10.-3
1.12.20
10
Q4
EUR
'000
Special
ity
Alloys
Ferro
Alloys
Other
operati
ons
Continuing
operations
total
Discontin
ued
operation
s
Adjustments
and
elimination
s
--------------------------------------------------------------------------------
Group
Revenue
EBITDA
EBIT
16,727
1,357
-3,205
8,052
-5,692
-48,333
512
-2,772
-2,786
25,292
-7,107
-54,325
41,421
7,079
6,149
-512
-1
-1
--------------------------------------------------------------------------------
66,200
-30
-48,177
Danko Koncar RUUKKI GROUP PLC
Acting Managing Director
For additional information, please contact:
Ruukki Group Plc
[email protected]
Markus Kivimaeki, Head of Corporate Affairs, +358 (0)50 3495 687,
Thomas Hoyer, CFO, +358 (0)45 6700 491, [email protected]
Investec Bank Plc Stephen Cooper, +44 (0)20 7597 5104, [email protected]
RBC Capital Markets Martin Eales, +44 (0)20 7653 4000, [email protected] Peter Barrett-Lennard, +44 (0)20 7653 4000, [email protected]
www.ruukkigroup.fi 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).
Distribution:
main media
NASDAQ OMX Helsinki
London Stock Exchange
www.ruukkigroup.fi
News Source: NASDAQ OMX
Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de 28.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Language:
Company:
English Ruukki Group Oyj ---------------------------------------------------------------------------
Phone:
Fax:
E-mail:
Internet:
Finland

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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