Greetings and welcome to the Materion s First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to your host, Andrew Vento, Manager, Investor Relations and Corporate Development. You may begin.
Andrew Vento
Manager Investor Relations and Corporate Development
Good morning and thank you everyone for joining us on our first quarter 2021 earnings conference call. This is Andrew Vento, Manager, Investor Relations and Corporate Development for Materion Corporation. Before we begin our remarks this morning, I would like to point out that starting this quarter, we will be utilizing presentation materials alongside our quarterly earnings conference calls. We have posted those materials on the company s website that we will reference as a part of today s review of the quarterly results. You can also access the materials through the download feature on the earnings call webcast link. With me today is Jugal Vijayvargiya, President
Eramet SA: Eramet: Q1 2021 turnover up 8%, driven by the strong growth of the Mining and Metals division
PRESS RELEASE
Eramet: Q1 2021 turnover up 8%, driven by the strong growth of the Mining and Metals division
Consolidated turnover of €838m in Q1 2021, up 8% versus Q1 2020, driven by the strong growth in the Mining and Metals division (+18%) of which +9% in volume and +9% in price (in €)
1, and despite a decline in sales for the High-Performance Alloys division
Very good operating performance of historic mining activities, in a quarter with traditionally unfavourable seasonality:
1.5 Mt in manganese ore produced (+17% vs. Q1 2020) in Gabon
1.1 Mwmt of ore produced in New Caledonia (+14%) and 433 kwmt in exports (+31%), despite societal and weather disruptions
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The Report presents the analytical depiction of the High Performance Alloys Market along with the current trends and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the High Performance Alloys market share.The report provides a market analysis based on competitive intensity and how the competition will take shape in coming years.A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.
Global High Performance Alloys Market is expected to rise from its initial estimated value of USD 8.45 billion in 2018 to an estimated value of USD 12.58 billion by 2026, registering a CAGR of 5.1% in the forecast period of 2019-2026. This rising trend of market value can be attributed to the increasing demand of these alloys in a numbe
Operator
Greetings, and welcome to the Materion Yearend 2020 Earnings Conference Call. At this time, all participants are in listen-only mode. [Operator Instructions]
I would now like to turn the conference over to Steve Shamrock, VP, Corporate Controller and Investor Relations. Please go ahead, sir.
Steve Shamrock
Vice President , Corporate Controller and Investor Relations
Good morning. This is Steve Shamrock, Vice President, Corporate Controller and Investor Relations. With me today is Jugal Vijayvargiya, President and Chief Executive Officer, and Shelly Chadwick, Vice President and Chief Financial Officer. Our format for today s conference call is as follows. Jugal Vijayvargiya will provide opening comments on COVID-19, the company s financial performance and key strategic initiatives. Following Jugal, Shelly Chadwick will review detailed financial results for the quarter and full year, and then we will open up the call for questions.
seasonality in H2
This outlook is in line with the momentum of the beginning of this year, without any economic setback related to the pandemic
Christel Bories,
Eramet group Chair and CEO: In 2020, the pandemic brutally disrupted our ecosystem. In particular it resulted in a major economic crisis in the aerospace sector, the main end-market for our Aubert & Duval subsidiary.
Thanks to our demanding roadmap, the mobilisation and agility of our teams, as well as a responsible crisis management, we have recorded remarkable successes in our mining activities and succeeded in seizing opportunities, despite the disruptions. We were also able to control cash consumption, particularly in our High-Performance Alloys division whose responsiveness was exceptional in the second half of the year, and our debt was substantially reduced at end-2020 compared to end-June.