Annual report 2018

Železiarne Podbrezová a.s. ANNUAL REPORT 2018 2 INTRODUCTION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS Dear Shareholders and Business Partners, The Board of Directors of Železiarne Podbrezová considers 2018 to have been one of the Company’s best years since the global financial crisis of 2008-2009. The development of demand on global and European markets was very positive, resulting in excellent financial results in many areas. This development also led to a very good performance at our subsidiaries in 2018. We believe this situation will continue on the global markets in 2019.