Alleima

Alleima

Alleima is a world-leading developer, producer and supplier of high value added products in advanced stainless steels and special alloys, as well as industrial heating products. 

With its products and expertise in materials technology, metallurgy and industrial processes, Alleima enables its customers to become more efficient, profitable, safer and more sustainable. The fully integrated value chain, from R&D and primary melting to end-product, enables them to offer high-quality products and a flexible range. The company has a strong market position in a large number of niche end-markets. The company’s offering includes around 900 active alloy recipes and a wide range of products for various customer segments, such as pipe products for demanding applications and environments, heating elements for industrial heating, wire for med-tech equipment and precision strip steel. Products are sold in around 80 countries.  

Alleima is organized into three divisions. Tube develops and manufactures tubular products and other long products from advanced stainless steels and special alloys that are used primarily in power generation, chemicals, oil and gas and renewable energy, as well as automotive and aerospace. Kanthal delivers products and services within industrial heating, resistance materials and other applications where materials are required to tolerate high temperatures and aggressive conditions. Strip develops and manufactures a wide range of precision strip steel products, primarily for the consumer, industrial, transport and renewable energy sectors.  

Sustainability

The company has a number of longterm sustainability goals, divided into four focus areas that cover climate and circularity, market leadership, being a responsible employer and ethical business conduct. Alleima has committed to set targets in line with the Science Based Targets initiative (SBTi), consistent with the Paris Agreement.  

Financial objectives  

Alleima’s financial objectives are to deliver profitable organic revenue growth that is on a par with, or exceeds, the growth of prioritized end-markets, as well as an adjusted EBIT margin (excluding metal price effects and items affecting comparability) in excess of 9% on average over a business cycle. The net debt/equity ratio should be lower than 0.3. The dividend should amount on average to 50% of the profit for the period (adjusted for metal price effects) over a business cycle. The dividend should take into account the financial position, cash flow and outlook.