Brief: Outokumpu Q2 Adj EBITDA At EUR 100 Million
BRIEF-Outokumpu Q2 Adj EBITDA At EUR 100 Million July 30 (Reuters) - Outokumpu Oyj OUT1V.HE:
Q2 SALES EUR 1,582 MILLION
Q2 EBITDA EUR 94 MILLION
Q2 ADJUSTED EBITDA EUR 100 MILLION VERSUS. ESTIMATE EUR 114 MILLION
Q2 NET INCOME EUR 25 MILLION
Q3 2026 OUTLOOK: GROUP STAINLESS STEEL DELIVERIES ARE EXPECTED TO DECREASE BY 0–10% COMPARED TO Q2 DUE TO SEASONALITY IN BUSINESS AREA EUROPE.
Q3 2026 OUTLOOK: ADJUSTED EBITDA IS EXPECTED TO BE ON A SIMILAR LEVEL COMPARED TO Q2 OF 2026
SOME RAW MATERIAL-RELATED INVENTORY AND METAL DERIVATIVE GAINS ARE FORECASTED FOR Q3
CONFLICT IN MIDDLE EAST IS ADDING TO MARKET UNCERTAINTY, DIRECT IMPACT ON Q2 RESULT HAS BEEN LIMITED, MAINLY RELATED TO HIGHER FREIGHT COSTS
Q2 STAINLESS STEEL DELIVERIES 488 TONNES VERSUS 498 TONNES SEEN IN COMPANY CONSENSUS
IN Q2 EUROPEAN STAINLESS STEEL DEMAND REMAINED BROADLY UNCHANGED
SAYS MARKET DYNAMICS WERE SUPPORTED BY CARBON BOARDER ADJUSTMENT MECHANISM (CBAM) AND STEEL SAFEGUARD MEASURES THAT CAME INTO FORCE ON JULY 1, 2026
Source text: ID:nWkrbCjvfd
Further company coverage: OUT1V.HE
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Outokumpu Oyj
See all newsEuropean steel's recent weakness offers good entry point, JPM says
Europe Research Roundup: ACS, Catena, NKT
BofA reinstates Outokumpu at 'buy,' cites pricing power recovery, cost advantage
Outokumpu announces brand for low-carbon metals technology
Media: Finland's stainless steelmaker Outokumpu finds new way to extract critical metal - FT