Outokumpu : A Q3 in line with our expectations. Pending the conclusions of the strategic review
>A recovery confirmed in Q3 in Europe. The Americas showing good resilience - Outokumpu’s CFO Pia Aaltonen-Forsell held a conference call on Friday, 2 October, ahead of the Q3 2020 results publication. Management confirmed the upturn in demand in Europe during the summer. The CFO indicated that the household appliances activity had picked up sharply (reduction in VAT in Germany, need to renew equipment, etc.) whilst the automotive business rebounded but to the deterio...Outokumpu is organized into the following five business areas: Coil Europe, Middle East and Africa, which consists of stainless operations as well as ferrochrome production in Europe; Coil Americas, which produces standard austenitic and ferritic grades as well as tailored products; APAC, which includes cold rolling facility and coil and plate service center in China, as well as a coil service center in Australia; Quarto Plate, which is comprised of the quarto plate production facilities in Sweden and in the U.S.; as well as Long Products, in which its products are used in a range of applications such as springs, wires, surgical equipment, automotive parts and construction.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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