Last €6.62 EUR
Change Today -0.243 / -3.54%
Volume 10.6K
As of 1:01 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

outokumpu oyj (OUTA) Snapshot

Open
€6.82
Previous Close
€6.87
Day High
€6.88
Day Low
€6.62
52 Week High
03/3/14 - €10.73
52 Week Low
12/18/13 - €2.94
Market Cap
2.8B
Average Volume 10 Days
8.8K
EPS TTM
--
Shares Outstanding
416.4M
EX-Date
04/15/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for OUTOKUMPU OYJ (OUTA)

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outokumpu oyj (OUTA) Details

Outokumpu Oyj provides various stainless steel products worldwide. The company operates in four segments: Stainless EMEA, Stainless Americas, Stainless APAC, and Specialty Stainless. It offers various grades of stainless steel products, such as austenitic, ferritic, martensitic and duplex stainless steels, as well as grades with controlled compositions for special purposes. The company provides stainless steel bars; coils and sheets; pipes; precision strips; quarto plates; rebars; slabs, ingots, blooms, and billets; thin strips; and wire rods. It also offers cold rolled surface finishes and hot rolled plate and sheet surface finishes. The company produces ferrochrome, nickel, molybdenum, and recycled steel. Its products are used in architecture; construction; chemicals and storage tanks; electrical engineering; food and beverages; heating, cooling, and ventilation; home and office; mining; oil and gas; pharmaceutical and medical; power generation; pulp and paper; textiles; transport and tankers; tube manufacturing; and water treatment. Outokumpu Oyj is headquartered in Espoo, Finland.

12,365 Employees
Last Reported Date: 07/24/14

outokumpu oyj (OUTA) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: €912.5K
Executive Vice President and Deputy to the Ch...
Total Annual Compensation: €371.0K
Compensation as of Fiscal Year 2013.

outokumpu oyj (OUTA) Key Developments

Outokumpu Oyj Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

Outokumpu Oyj reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company has posted sales of €1,753 million against €1,738 million a year ago. LBIT was 10 million against €171 million a year ago. Loss before tax was €48 million against €236 million a year ago. Net loss for the period from continuing operations was €49 million or €0.12 basic and diluted per share against €231 million or €1.73 basic and diluted per share a year ago. Loss attributable to equity holders of the company were €58 million or €0.14 basic and diluted per share against €248 million or €1.87 basic and diluted per share a year ago. Net cash used in operating activities was €257 million against €175 million a year ago. Purchases of assets were €37 million against €47 million a year ago. For the six months, the company has posted sales of €3,371 million against €3,604 million a year ago. LBIT was 198 million against €258 million a year ago. Loss before tax was €310 million against €383 million a year ago. Net loss for the period from continuing operations was €316 million or €0.11 basic and diluted per share against €375 million or €2.81 basic and diluted per share a year ago. Loss attributable to equity holders of the company were €304 million or €1.07 basic and diluted per share against €399 million or €7.52 basic and diluted per share a year ago. Net cash used in operating activities was €271 million against €233 million a year ago. Purchases of assets were €70 million against €206 million a year ago. The company expects overall stainless steel demand and pricing environment to remain relatively healthy in the third quarter, with a seasonal slowdown in the European market. The company estimates somewhat lower delivery volumes and some improvement in stainless steel base prices in the third quarter. The company expects continued progress, although with a slower rate, in the cost efficiency initiatives and synergies. For the third quarter of 2014, the company expects sequentially slightly worse underlying EBIT primarily due to seasonal impacts. Net impact of raw material-related inventory and metal hedging gains/losses on profitability is expected to be €10 million to €20 million. The company's operating result may be impacted by non-recurring items associated with the ongoing restructuring programs. This outlook reflects the current scope of continuing operations. The company has anticipated that it have taken down its overall communicated target for the CapEx from EUR 200 million to EUR 160 million for the full year 2014.

Outokumpu Oyj, Q2 2014 Earnings Call, Jul 24, 2014

Outokumpu Oyj, Q2 2014 Earnings Call, Jul 24, 2014

Outokumpu Oyj Announces Changes in its Operational Model; Announces Management Changes

Outokumpu Oyj announced changes in its operational model and Leadership Team. The purpose of the changes is to increase customer and market orientation, drive business performance and increase speed and accountability. From September 1, 2014 Outokumpu will consist of five business areas with sales, production, and profit responsibility: Coil EMEA - Coil Americas - APAC - Quarto Plate and Long Products. The company announced that Jarmo Tonteri, current head of Stainless EMEA and Specialty Stainless units, will continue as an executive advisor to the group, and he will retire during the next twelve months in line with earlier plans. The company appointed Olli-Matti Saksi, Coil EMEA, effective as of July 1, 2014. Michael Wallis, Coil Americas. Michael Wallis previous experience includes from 2013 - ­2014 Outokumpu SVP ­ Stainless Coil Americas and from 2012 - ­2013 ThyssenKrupp Stainless USA Chief Executive Officer. Olli-Matti Saksi previous experience includes from 2013 - ­2014 Outokumpu SVP, Head of Sales EMEA and from 2011 - ­2013 Aleris SVP & GM Division Rolled Products.

 

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OUTA

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Valuation OUTA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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