Sif Holding NV 2018 AR2
The report highlights Sif Holding N.V.'s performance in 2018, a year marked by market volatility and underutilization, resulting in a production of 138 Kton and a normalized EBITDA of EUR 13.3 million. Despite these challenges, the company achieved a significant reduction in its Lost Time Injury Frequency (LTIF) to 0.97 and successfully implemented 100% sustainable electricity, reducing its net CO2 emissions per ton of steel produced to 17.6 kg. Sif also prepared for future growth by planning investments of up to EUR 32 million to adapt its production facilities to the new PISA design recommendations and EUR 8 million for additional coating capacity.
Company: Sif Holding NV
Sector: Industrials
Country: Netherlands
Year: 2018
Type: AR2
Pages: 116
Sif Holding NV
Annual Report
The report highlights Sif Holding N.V.'s performance in 2018, a year marked by market volatility and underutilization, resulting in a production of 138 Kton and a normalized EBITDA of EUR 13.3 million. Despite these challenges, the company achieved a significant reduction in its Lost Time Injury Frequency (LTIF) to 0.97 and successfully implemented 100% sustainable electricity, reducing its net CO2 emissions per ton of steel produced to 17.6 kg. Sif also prepared for future growth by planning investments of up to EUR 32 million to adapt its production facilities to the new PISA design recommendations and EUR 8 million for additional coating capacity.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Net Zero Target
Employees