Outokumpu’s second quarter 2012 slightly weaker than expected
OUTOKUMPU OYJSTOCK EXCHANGE RELEASE10 July 2012 at 9.30 am EETIn the guidance given in the first quarter 2012 interim report, the Group’s underlying operational result for the second quarter 2012 was expected to be around break-even or slightly negative. Outokumpu’s second quarter underlying operational result is currently expected to be approximately EUR -40 million. Continued economic uncertainty in Europe, the decline in the nickel price and destocking among distributors in the second quarter resulted in weaker than anticipated product and geographic mix and slightly lower