Outokumpu’s fourth-quarter adjusted EBITDA higher than expected

Outokumpu Oyj
Inside information
January 20, 2020 at 9.00 am EET

Outokumpu’s fourth-quarter adjusted EBITDA higher than expected

Outokumpu’s fourth-quarter adjusted EBITDA is expected to be approximately EUR 70 million mainly as a result of positive raw material impacts, including improved raw material efficiency and hedging. The company has earlier expected its fourth-quarter adjusted EBITDA to be at a similar level to the third quarter of 2019 (Q3/19: EUR 45 million).

Outokumpu will publish the Financial Statements release on February 5, 2020 at approx. 9.00 am EET.

For more information:

Reeta Kaukiainen, EVP – Communications and IR, tel. +358 50 522 0924

Outokumpu Oyj

Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel through customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com