Afarak Group PLC (LON:AFRK)

Afarak Group PLC (LON:AFRK)


Share Price
77.50 p
Change
5 (6.90 %)
Market Cap
£202.39 m
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Afarak Group PLC

Afarak is a global vertically-integrated producer of speciality alloys with operations in South Africa, Turkey, Germany, London, Helsinki and Malta. Recognised as a critical metal producer, Afarak supplies world leading companies in a broad range of industries across the globe.

Afarak is listed on the NASDAQ OMX Helsinki Stock Exchange and the London Stock Exchange.

EPIC: AFRK
Market: LSE:AFRK
FRA:V5W
52-week High/Low: 80.75p / 60.00p
Sector: General Mining
Market Cap: £202.39 m
Website: afarak.com
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Big Picture – A Deep Dive Examination of Afarak Group PLC


Afarak Group PLC Snapshot

STRATEGY

Afarak remains focused on its goal to create value to all its stakeholders.  Guided by this overarching goal, our strategy is geared towards leveraging long-term growth opportunities.  It is this orientation that guides our short to medium term strategy and action plans. 

Over the past few years, Afarak has invested heavily in its internal capacity to deliver.  We invested in our people, in technology, processes and systems. 

Today, we are delivering on our promise and we will continue to do so. 

Margin protection

Afarak has managed to protect its margin by becoming a leading speciality alloy producer.  Our focus on offering speciality products allows us to maximise our margins.

Operational efficiency

We aim to streamline our processes and systems in order to reap economies of scale thus reducing our operational expenditure.

Strategic investments

Through a strategic investment programme, we continue to develop and implement new technologies to support our long-term strategy and goals.

Zero-Harm

Afarak strives to achieve ‘Zero Harm’ at all of its operations and to provide its employees and contractors with a safe and healthy environment in which to work, develop and grow.

Sustained growth

Our industry insight and knowledge ensures that we have a pipeline of opportunities and projects to pursue and to sustain our growth.

Local community development

Afarak seeks to make positive contributions to the local communities in which it operates and to build long-term relationships to underpin the sustainability of its business.

Helsinki, Finland, Malta & South Africa.

EXECUTIVE MANAGEMENT TEAM

Guy Konsbruck - Chief Executive Officer

Guy Konsbruck was appointed as CEO of Afarak in December 2016.  He previously served as an Executive Vice-President of MFC Industrial since 2014.  Before that, he served as CEO of FESIL's global sales companies and was also the co-founder of Luxalloys.  Mr Konsbruck holds an MBA from SHU Fairfield and is a graduate of the Unversité de Strasbourg II.

Melvin Grima - Chief Financial Officer
Melvin Grima joined Afarak in 2013 as Group Finance Manager and was appointed Chief Financial Officer in January 2019 after having served as Group Finance Director since 2015. Melvin was responsible of the relocation of the Group’s corporate finance function to Malta and has acquired in-depth knowledge of the Company’s operations and markets. Prior to joining Afarak, he held a number of management positions including Group Accountant of a hotel Group and Finance Manager of a Group trading in the petroleum industry.

Dr. Danko Koncar - Chief Operating Officer
Danko Koncar held the position as the Chief Executive Officer of the Company 12.2.2013- 21.5.2015, after which he has continued as the Business Development Director of the Company. He has extensive experience in minerals processing and trading, including 20 years in ferrochrome processing with six years experience in the application of direct current technology to ferrochrome processing. He has served as Chairman of Samancor Chrome, General Director of RCS Ltd and is General Director of Kermas. He was Acting Managing Director of the Company between October 2010 and May 2011. Dr Koncar is dependent on a major shareholder of the Company through his controlled entity Kermas Ltd.

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CONTACT INFORMATION

Investor Relations


[email protected]

Afarak Group Oyj

Kaisaniemenkatu 4,
00100 Helsinki
Tel: +358 50 372 1130
Fax: +358 10 440 7001

[email protected]

Invoices

Afarak Group Plc
PL 215
00063 
Laskunet
Finland

Sales

[email protected]

Afarak Malta & Afarak Trading Limited

3rd Floor, Europa Centre
John Lopez Street
Floriana FRN 1400
Malta
Tel: +356 2122 1566 / +356 2703 0462
Fax +356 2122 1438

Afarak South Africa (Pty) Ltd

4th Floor
267 West Street
Centurion
South Africa
Tel: +27 11 668 3800 / Fax: +27 11 668 3899

ADVISERS

Auditors


Ernst & Young
Elielinaukio 5
Helsinki 00100
Finland
Phone +358 207 280 190
Fax +358 207 280 199

CONTACT INFORMATION

Investor Relations

[email protected]

Afarak Group Oyj

Kaisaniemenkatu 4,
00100 Helsinki
Tel: +358 50 372 1130
Fax: +358 10 440 7001

[email protected]

Invoices

Afarak Group Plc
PL 215
00063 
Laskunet
Finland

Sales

[email protected]

Afarak Malta & Afarak Trading Limited

3rd Floor, Europa Centre
John Lopez Street
Floriana FRN 1400
Malta
Tel: +356 2122 1566 / +356 2703 0462
Fax +356 2122 1438

Afarak South Africa (Pty) Ltd

4th Floor
267 West Street
Centurion
South Africa
Tel: +27 11 668 3800 / Fax: +27 11 668 3899

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