Outokumpu – Significant improvement in 2017, full-year adjusted EBITDA more than doubled to EUR 631 million
Outokumpu OyjFinancial statements releaseJanuary 31, 2018 at 12.00 pm EET Highlights in the fourth quarter of 2017 Outokumpu’s fourth-quarter adjusted EBITDA amounted to EUR 82 million, compared to EUR 98 million in the fourth quarter of 2016. Profitability declined due to maintenance work and lower deliveries in Europe and higher costs in the Americas, whereas the result was supported by higher ferrochrome volume and prices, as well as improved overall efficiency. Raw material-related inventory and metal derivative gains were EUR 6 million (EUR 0 million)1. · Stainless