Outokumpu half-year financial report – Second-quarter adjusted EBITDA declined to EUR 45 million due to weak global demand caused by COVID-19 pandemic
Outokumpu OyjHalf-year financial reportAugust 7, 2020 at 9.00 am EESTOutokumpu half-year financial report – Second-quarter adjusted EBITDA declined to EUR 45 million due to weak global demand caused by COVID-19 pandemic Highlights in the second quarter of 2020 · Stainless steel deliveries were 523,000 tonnes (584,000 tonnes)[1]. · Adjusted EBITDA was EUR 45 million (EUR 91 million). · EBITDA was EUR 45 million (EUR 91 million). · Operating cash flow was EUR 72 million (EUR 177 million). · Net debt remained relatively flat at EUR 1,243 million (March 31, 2020: EUR 1,