Annual report 2015

Železiarne Podbrezová a.s. Annual report 2015 In 2015, we sold products, goods and services totalling EUR 221 736 thousand to our customers, of which more than 86% were exported. This is a decrease of EUR 18 475 thou - sand (7.7%) compared to the previous year. Lower revenues from sales were generated due to a lower volume of sold steel blooms and seamless rolled tubes, accompanied by a decrease in sales prices by 4.8% to 7.8%. The sale of preci - sion tubes compared to last year slightly increased, but the sales prices decreased by 3.3%. The geographical structure of sales in 2015 did not change significantly compared to previous periods. The main mar - ket segment continued to be EU countries in the following order of importance: Germany, Czech Republic, Poland, Italy and Slovakia. The application of our products in the following manufactur - ing industries recorded no significant deviations compared with 2014. They are primarily used in the production of ma - chinery and equipment (44-45%), the energy industry (30- 38%), hydraulic equipment, the automotive industry and oil or gas transportation. Development in Total Sales by Geographical Structure (Revenues in EUR ‘000) 2011 2012 2013 2014 2015 Slovakia 33 970 32 090 24 602 30 008 30 293 Czech Republic 45 970 46 640 43 526 41 187 34 741 Other EU countries 174 127 155 395 142 936 144 671 137 014 Other European countries 15 687 16 906 11 120 11 366 9 024 Other exports 5 770 13 396 12 153 12 979 10 664 Total sales 275 524 264 427 234 337 240 211 221 736 44% Application of Tubes in 2015 30% 13% 11% 2% Precision cold-drawn tubes Mechanical engineering Power generation Automotive industry Hydraulics & pneumatics Other sectors Seamless hot-rolled tubes 45% 38% 14% 3% Mechanical engineering Power generation Trasport of flam - mable media Construction industry Report by the Board of Directors on Business Activities, Assets, and Financial Performance in 2015 and Information on the Business Plan 15