Outokumpu first quarter 2007 interim report - another record operating profit
First quarter highlights - Operating profit rose to an all-time high of EUR 424 million.- Stainless steel end-user demand was strong, order intake fromdistribution sector slowed.- According to CRU, average stainless steel base prices rose by 5%and transaction prices by 8% from the previous quarter.- Record high nickel prices increased working capital by EUR 349million, net cash generated from operating activities totaled EUR 85million.- Gearing improved further to 37.3%. Group key figures I/07 IV/06 I/06 2006Sales