Outokumpu is the global leader in stainless steel.
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 some 9,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
| Key Figures (MEUR) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Stainless steel deliveries (1,000 tonnes) | 1,906 | 2,106 | 2,254 |
| Sales | 6,961 | 9,494 | 7,243 |
| Adjusted EBITDA | 517 | 1,256 | 980 |
| Net result for the period | -111 | 1,086 | 526 |
| Earnings per share (EUR) | -0.26 | 2.40 | 1.21 |
| Earnings per share (EUR)* | -0.24 | 2.52 | 1.26 |
| Net cash from operating activities* | 325 | 778 | 597 |
| Net debt* | -60 | -10 | 408 |
| Gearing (%)* | -1.6 | -0.3 | 13.1 |
| Return on capital employed (%) | -2.1 | 22.6 | 17.6 |
| Return on capital employed (%)* | -2.0 | 24.5 | 18.4 |
| Return on equity (%)* | -2.6 | 30.6 | 20.1 |
*Including discontinued operations
| Long-term targets by the end of 2025 |
|---|
Net debt to EBITDA <1.0 in normal market conditions |
EBITDA run-rate improvement of EUR 200 million |
EUR 600 million of capital expenditure for the coming three years |
Stable and growing dividend |
Outokumpu Oyj Salmisaarenranta 11,
FI-00180, Helsinki, Finland
