Further efforts on competitiveness and service quality

ERAMET Alloys is comprised of Aubert & Duval and Erasteel. Its activity is mainly focused on the aviation (64% of the Division’s turnover), energy, nuclear, high speed steel, tooling and powder metallurgy markets.

ERAMET Alloys pursues a growth momentum driven by:

  • growing demand from the aviation and specialty markets;
  • customer-focused R&D;
  • investments in high-growth materials (titanium, powders, etc.).

 

Turnover by market in 2016

Turnover by market in 2016

In 2016 the aviation market represented 64% of ERAMET Alloys’ turnover.

 

Turnover (€ millions)

Turnover (€ millions)

In 2016, ERAMET Alloys’ sales were down 4% to €949 million. Regarding the aviation market, demand remains firm. This sector shows steady growth and accounts for about 2/3 of ERAMET Alloys’ turnover. The Division plays a part in every aircraft manufacturing programme that requires high value-added parts for structures and engines.

 

Current Operating income (€ millions)

Current Operating income (€ millions)

In 2016, current operating income was stable at €27 million, with €48 million for Aubert & Duval and -€ million for Erasteel.

 

Capital expenditure (€ millions)

Capital expenditure (€ millions)

 

Cost reduction and operating performance improvement plans

Taken as a whole, the productivity improvement and cost reduction plans implemented by ERAMET Alloys have had a €75 million cumulative annual impact on current operating income since 2014.

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