Outokumpu financial statements release 2024 - Full-year adjusted EBITDA EUR 177 million with historically low stainless steel deliveries

OUTOKUMPU OYJ U/ADR NEW (OUTKY)
NASDAQ:AMEX Investor Relations:
outokumpu.com/en/investors
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Source: PR Newswire
HELSINKI, Feb. 13, 2025 /PRNewswire/ -- Highlights in Q4 2024Stainless steel deliveries were 422,000 tonnes (450,000 tonnes)*.Adjusted EBITDA amounted to EUR -3 million (EUR 72 million).EBITDA was EUR -12 million (EUR 15 million).ROCE amounted to -1.2% (-2.1%).Free cash flow was EUR 33 million (EUR 156 million incl. discontinued operations).Earnings per share was EUR -0.07 (EUR -0.56).On October 1, 2024, Kati ter Horst started as the new President and CEO of Outokumpu.On December 12, 2024, Outokumpu issued a negative profit warning as its fourth-quarter adjusted EBITDA was expected to be close to break-even or turn negative.Highlights in 2024Stainless steel deliveries were 1,793,000 tonnes (1,906,000 tonnes)*.Adjusted EBITDA
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News
- Outokumpu Oyj 2024 Q4 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Outokumpu financial statements release 2024 - Full-year adjusted EBITDA EUR 177 million with historically low stainless steel deliveries [Yahoo! Finance]Yahoo! Finance
- Outokumpu has decided not to invest in cold rolling capacity expansion in the U.S. at this point of time [Yahoo! Finance]Yahoo! Finance
- Outokumpu has decided not to invest in cold rolling capacity expansion in the U.S. at this point of timePR Newswire