Outokumpu : Guidance increased for specific reasons
>Q4 guidance raised - Outokumpu’s management increased its EBITDA guidance for Q4 2019 to around € 70m (vs the previous forecast for EBITDA close to that in Q3 2019, i.e. € 45m). The management attributed this increase to the following factors: 1/ positive raw materials impacts including greater efficiency in their management and favourable hedging. This guidance took the market/us by surprise insofar as the management had clearly identified the factors likely to depr...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.