Outokumpu - Solid profitability despite ferrochrome production challenges, Group adjusted EBITDA at EUR 199 million
Outokumpu OyjInterim reportJuly 25, 2017 at 12.00 pm Highlights in the second quarter of 2017 Outokumpu’s second-quarter adjusted EBITDA amounted to EUR 199 million, compared to EUR 66 million in the second quarter of 2016. The financial performance was positively impacted by robust market environment with significantly higher ferrochrome prices and by higher base prices in both Europe and the Americas. Furthermore, Outokumpu’s efficiency improvement measures continued to yield solid results. The performance was negatively impacted by low ferrochrome production. Adjusted EBITDA