Outokumpu third quarter interim statement 2020 – Rigorous measures improved cash flow and net debt decreased to EUR 1.1 billion
Outokumpu OyjInterim statementNovember 5, 2020 at 12.10 pm EETOutokumpu third quarter interim statement 2020 – Rigorous measures improved cash flow and net debt decreased to EUR 1.1 billion Highlights in Q3 2020 · Stainless steel deliveries were 488,000 tonnes (533,000 tonnes)[1]. · Adjusted EBITDA was EUR 22 million (EUR 45 million). · EBITDA was EUR 10 million (EUR 45 million). · Operating cash flow was EUR 170 million (EUR 12 million). · Net debt decreased to EUR 1,105 million (June 30, 2020: EUR 1,243 million). · Gearing was 45.1% (June 30, 2020: