Market: Helsinki
ISIN: FI0009002422
Industry: BASIC RESOURCES

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.

 

Key Figures (MEUR) 2021 2020 2019
Stainless steel deliveries (1,000 tonnes) 2,395 2,121 2,196
Sales 7,709 5,639 6,403
Adjusted EBITDA 1,021 250 263
Net result for the period 553 -116 -75
Earnings per share (EUR) 1.26 -0.28 -0.18
Net cash from operating activities 597 322 371
Net debt 408 1,028 1,155
Gearing (%) 13.1 43.6 45.1
Return on capital employed (%) 18.8 -1.4 0.8
Return on equity (%) 20.1 -4.7 -2.8
Long-term targets by the end of 2022
EUR 250 million EBITDA run-rate improvement

Net debt to EBITDA of below 3.0x