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Outokumpu Oyj: Update to credit analysis

Our credit view of this issuer reflects its good underlying growth prospects for stainless steel, against its exposure to cyclical end markets.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Outokumpu Oyj and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 12 August 2024 in which we reassessed the appropriateness of the ratings in the context of th...

Outokumpu Oyj: Strikes amid weak demand reduce earnings and cash flow

We will temporarily tolerate weak credit metrics amid a cyclical downturn, provided OTK can prevent substantial cash burn and maintain adequate liquidity.

Outokumpu Oyj: Update to credit analysis

Our credit view of this issuer reflects its integrated, cost-efficient sites with a relatively low carbon footprint, constrained by its exposure to cyclical end markets.

Moody's announces completion of a periodic review of ratings of Outoku...

Moody's Ratings has completed a periodic review of the ratings of Outokumpu Oyj and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 8 March 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the relev...

Outokumpu Oyj: Update following the upgrade to Ba2

Our credit view of this issuer reflects its diversified geographical reach and product offering, against its highly competitive industry.

Moody's upgrades Outokumpu to Ba2 from Ba3; stable outlook

Moody's Investors Service (Moody's) has today upgraded the corporate family rating (CFR) of Outokumpu Oyj ("Outokumpu" or "the company") to Ba2 from Ba3, as well as its probability of default rating (PDR) to Ba2-PD from Ba3-PD. The outlook was changed to stable from positive. "The upgrade reflect...

Outokumpu Oyj: Update following the change of the outlook to positive ...

Our credit view of this issuer reflects its market leadership position and strong credit metrics.

Moody's changes outlook on Outokumpu to positive; affirms its Ba3 CFR

Moody's Investors Service ("Moody's") has today changed the outlook on Finnish stainless steel producer Outokumpu Oyj ("Outokumpu" or "the group") to positive from stable. Concurrently, Moody's affirmed the group's Ba3 corporate family rating (CFR) and its Ba3-PD probability of default rating (PDR)....

Outokumpu Oyj: Update following rating upgrade to Ba3

Our credit view of Outokumpu Oyj reflects its market leadership and conservative financial policy, balanced against its exposure to fluctuating input costs and volatile profitability.

Moody's upgrades Outokumpu's CFR to Ba3; stable outlook

Rating Action: Moody's upgrades Outokumpu's CFR to Ba3; stable outlook. Global Credit Research- 15 Nov 2021. Frankfurt am Main, November 15, 2021-- Moody's Investors Service has today upgraded to Ba3 from B2 the corporate family rating and to Ba3-PD from B2-PD the probability of default rating of Finnish stainless steel producer Outokumpu Oyj.

Moody's announces completion of a periodic review of ratings of Outoku...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Outokumpu Oyj. Global Credit Research- 23 Jun 2021. Frankfurt am Main, June 23, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Outokumpu Oyj and other ratings that are associated with the same analytical unit.

Outokumpu Oyj: LGD Assessment

Loss given default assessment following upgrade to B2, positive outlook

Outokumpu Oyj: Update following upgrade to B2; outlook changed to posi...

Our credit view of Outokumpu Oyj, reflecting its high financial leverage and volatile profitability, balanced by its market leadership, conservative financial policy and good liquidity.

Moody's upgrades Outokumpu's CFR to B2; changes outlook to positive

Rating Action: Moody's upgrades Outokumpu's CFR to B2; changes outlook to positive. Global Credit Research- 12 May 2021. Frankfurt am Main, May 12, 2021-- Moody's Investors Service has today upgraded to B2 from B3 the corporate family rating and to B2-PD from B3-PD the probability of default rating of Finland-based stainless steel producer Outokumpu Oyj.

Outokumpu Oyj: LGD Assessment

Loss given default assessment following rating affirmation with stable outlook

Outokumpu Oyj: Update following change in outlook to stable

Our credit view of Outokumpu, reflecting its market leadership and adequate liquidity, balanced against its high financial leverage.

Moody's changes outlook on Outokumpu's ratings to stable; affirms B3 C...

Rating Action: Moody's changes outlook on Outokumpu's ratings to stable; affirms B3 CFR. Global Credit Research- 16 Feb 2021. Frankfurt am Main, February 16, 2021-- Moody's Investors Service has today affirmed the B3 corporate family rating and the B3-PD probability of default rating of Finland-based stainless steel producer Outokumpu Oyj.

Moody's announces completion of a periodic review of ratings of Outoku...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Outokumpu Oyj. Global Credit Research- 11 Aug 2020. Frankfurt am Main, August 11, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Outokumpu Oyj and other ratings that are associated with the same analytical unit.

Outokumpu Oyj: Update following downgrade to B3

Our credit view of Outokumpu Oyj, reflecting the deterioration in its operating performance in 2019 and our expectation that its credit metrics will remain weak through 2020.

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