Outokumpu interim report January–March 2024: Gradual market recovery in Europe continued, while the political strike in Finland burdened results
Outokumpu CorporationInterim reportMay 7, 2024 at 9.00 am EESTHighlights in Q1 2024 • Stainless steel deliveries were 444,000 tonnes (505,000 tonnes)*. • Adjusted EBITDA amounted to EUR 38 million (EUR 204 million). • EBITDA was EUR 37 million (EUR 198 million). • ROCE amounted to -5.7% (18.4%). • Free cash flow was EUR -26 million (EUR 160 million incl. discontinued operations). • Earnings per share was EUR -0.05 (EUR 0.22). • The most recent share buyback program was completed on February 29, 2024, and during the