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LSE:AFRK FRA:V5W

Afarak Group PLC

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Market:
LSE
Market Cap:
£47.7 m
Price
20.00 GBX
Change
-33.33%
52 weeks high
55.00
52 weeks low
30.00

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.

THE BOARD

Thorstein Abrahamsen - Chairman

Thorstein Abrahamsen is an internationally respected stainless steel and ferro-alloy industry professional. He has served as Chief Executive Officer of various manufacturing companies within stainless steel, ferro-alloy, construction equipment and mining industries. He also served as Vice- President Sales & Distribution of  a global stainless steel production company. Throughout his career he has served on over 30 boards including  chairmanships of ferro- alloy and steel trading & marketing companies around the world. 

Jelena Manojlovic - Independent Non-Executive Director

Jelena Manojlovic has been a member of the Board since 11 July 2008. She is an established university lecturer and organisational consultant having 35 years' experience in the human resources field and 20 years' in management positions in a diverse range of organisations, including the UK's National Health Service, universities and other companies. 

Guy Konsbruck- Executive Non- dependent Director

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.

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

Click here for information on major shareholders.

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