Outokumpu first quarter interim statement – Solid cash generation in spite of challenging quarter, Group adjusted EBITDA at EUR 54 million
Outokumpu OyjStock exchange releaseMay 7, 2019 at 9.00 am EEST Outokumpu first quarter interim statement – Solid cash generation in spite of challenging quarter, Group adjusted EBITDA at EUR 54 million Highlights in the first quarter of 2019 · Stainless steel deliveries were 621,000 tonnes (644,000 tonnes). · Adjusted EBITDA was EUR 54 million (EUR 133 million). · EBITDA was EUR 40 million (EUR 140 million). · Operating cash flow was EUR 39 million (EUR 39 million). · Net debt increased to EUR 1,370 million (Dec 31, 2018: EUR 1,241 million). · Gearing was 51.6%