Acerinox, S.A. (ACX) - Financial and Strategic SWOT Analysis Review
Reference Code: GDMM27001FSA Publication Date: AUG 2012
C/ Santiago de Compostela nº 100 Phone +34 91 3985100 Revenue 4,702.19 (million EUR)
Madrid, MAD Fax +34 91 3985197 Net Profit 73.73 (million EUR)
28035 Website www.acerinox.com Employees 7,340
ACX [Mercado Continuo
Spain Exchange Industry Metals and Mining
Espana]
Company Overview
Acerinox, S.A. (Acerinox) is a stainless steel manufacturing company. The company, through its subsidiaries, manufactures and
distributes slabs, billets, black coils, plates, hot-rolled coils, hot-rolled sheets, flat bars, hot-rolled re-bars, hot-rolled black bars,
engraved sheets, cold-rolled coils, cold-rolled sheets and circles. The company has six stainless steel facilities, out of which two
manufacture flat products in Spain and South Africa; one produces flat and long steel in the US; two produce long steel products
in Spain; and another in Malaysia, where the initial cold rolling activity takes place, while a second is currently under construction.
Key Executives SWOT Analysis
Name Title Acerinox, S.A., SWOT Analysis
Bernardo Velazquez Chief Executive Officer Strengths Weaknesses
Herreros
Geographic Diversity Deteriorating Profitability Ratios
Rafael Naranjo Olmedo Chairman
Clemente Cebrian Ara Director Broad Product Portfolio
Oscar Fanjul Martín Director
Jose Ramon Guerediaga Director Opportunities Threats
Mendiola
Strategic Initiatives Threat from Substitutes
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Expansion of Operations Stringent Government
Share Data Regulations
Acerinox, S.A.
Share Price (EUR) as on 02-Aug- 8.01 Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
2012
EPS (EUR) 0.30
Market Cap (million EUR) 2,105
Enterprise Value (million EUR) 3,163
Shares Outstanding (million) 249
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Acerinox, S.A. (ACX) - Financial and Strategic SWOT Analysis Reference Code: GDMM27001FSA
Review
Source : www.globalcompanyintelligence.com Page 1
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 3
List of Figures ................................................................................................................................................................................. 3
Section 1 - About the Company.......................................................................................................................................................... 4
Acerinox, S.A. - Key Facts.................................................................................................................................................................. 4
Acerinox, S.A. - Key Employees......................................................................................................................................................... 5
Acerinox, S.A. - Key Employee Biographies....................................................................................................................................... 6
Acerinox, S.A. - Major Products and Services .................................................................................................................................... 7
Acerinox, S.A. - History ...................................................................................................................................................................... 8
Acerinox, S.A. - Company Statement ............................................................................................................................................... 10
Acerinox, S.A. - Locations And Subsidiaries .................................................................................................................................... 11
Head Office ................................................................................................................................................................................... 11
Other Locations & Subsidiaries ..................................................................................................................................................... 11
Section 2 – Company Analysis ......................................................................................................................................................... 13
Acerinox, S.A. - Business Description .............................................................................................................................................. 13
Acerinox, S.A. - SWOT Analysis ...................................................................................................................................................... 14
SWOT Analysis - Overview........................................................................................................................................................... 14
Acerinox, S.A. - Strengths............................................................................................................................................................. 14
Strength - Geographic Diversity ................................................................................................................................................ 14
Strength - Broad Product Portfolio ............................................................................................................................................ 14
Strength - Focused Research and Development ...................................................................................................................... 14
Acerinox, S.A. - Weaknesses ....................................................................................................................................................... 14
Weakness - Deteriorating Profitability Ratios ............................................................................................................................ 14
Acerinox, S.A. - Opportunities....................................................................................................................................................... 15
Opportunity - Strategic Initiatives .............................................................................................................................................. 15
Opportunity - Expansion of Operations ..................................................................................................................................... 15
Opportunity - Growing Demand for Steel in Asian Markets ....................................................................................................... 15
Acerinox, S.A. - Threats ................................................................................................................................................................ 15
Threat - Threat from Substitutes ............................................................................................................................................... 15
Threat - Stringent Government Regulations .............................................................................................................................. 15
Threat - Tough Competitive Environment.................................................................................................................................. 16
Acerinox, S.A. - Key Competitors ..................................................................................................................................................... 17
Section 3 – Company Financial Ratios ............................................................................................................................................. 18
Financial Ratios - Capital Market Ratios........................................................................................................................................... 18
Financial Ratios - Annual Ratios .....................