Outokumpu : Road show feedback: slowly improving momentum, strategic focus on US, advanced grades & low-carbon raw mats, decarb agenda well on track
>Current trading in line with expectations at a soft but improving level - We hosted CFO Pia Aaltonen-Forsell and Head of IR Linda Hakkila on a road show in Paris in the wake of solid, above expectations Q4 results published earlier this month. Management confirmed that Q1 was trading in line with expectations, still anticipating a 5-15% q-o-q increase in stainless steel shipments and EBITDA in line with Q4 as higher volumes and stable pricing would likely be offset ...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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