Outokumpu Oyj

Outokumpu Corporation has announced a manager transaction involving Julia Woodhouse, a member of its Board of Directors. The transaction was conducted with the company's financial instrument, in accordance with the EU Market Abuse Regulation. Details of the transaction have not been disclosed. Outokumpu, a global leader in sustainable stainless steel, operates based on the circular economy, with 95% of its products made from recycled materials. The company is committed to mitigating climate change and supports its customers in reducing their emissions. It has a workforce of approximately 8,500 professionals in nearly 30 countries.

Outokumpu Corporation has announced a manager transaction involving Petter Söderström, a member of its Board of Directors. The transaction was made with the company's financial instrument in accordance with the EU Market Abuse Regulation. Further details about the transaction were not disclosed in the summary. Outokumpu is a global leader in sustainable stainless steel, with its products being made from 95% recycled materials. The company is committed to reducing its carbon footprint and supports its customers in doing the same.

Outokumpu Corporation, a global leader in sustainable stainless steel, has announced a manager transaction involving Jyrki Mäki-Kala, a member of the Board of Directors. The transaction was made with the company's financial instrument as per the EU Market Abuse Regulation. Details of the transaction were not disclosed in the summary. Outokumpu is committed to the green transition and operates based on the circular economy, producing products from 95% recycled materials. The company employs around 8,500 professionals globally, and its shares are listed on Nasdaq Helsinki.

Outokumpu Corporation, a global leader in sustainable stainless steel, announced a manager transaction involving Päivi Luostarinen, a member of the Board of Directors. The company has received a notification about a transaction made with its financial instrument, in accordance with the EU Market Abuse Regulation. Further details about the transaction were not disclosed in the announcement. Outokumpu is committed to accelerating the green transition and mitigating climate change, with a business model based on the circular economy and a carbon footprint significantly lower than the industry average.

Outokumpu Corporation has announced a transaction made by Pierre Vareille, a member of its Board of Directors, with its financial instrument. The transaction was carried out in accordance with the EU Market Abuse Regulation. Outokumpu is a global leader in sustainable stainless steel, with a business model based on the circular economy. The company, which has approximately 8,500 employees, is headquartered in Helsinki, Finland and is listed on the Nasdaq Helsinki.

Outokumpu Corporation reported Q1 2024 results, with stainless steel deliveries of 444,000 tonnes, down from 505,000 tonnes in Q1 2023. Adjusted EBITDA was €38 million, down from €204 million in the same period last year. The company's ROCE was -5.7%, compared to 18.4% in Q1 2023, and free cash flow was €-26 million, compared to €160 million in Q1 2023. The company issued two profit warnings in March due to a political strike in Finland. After the reporting period, the company paid a dividend of €0.26 per share for 2023. The company's CEO, Heikki Malinen, announced he would be leaving the company, and CFO Pia Aaltonen-Forsell also announced her intention to leave. The company expects Q2 2024 stainless steel deliveries to increase by 5-15% and the political strike to have a further €30 million negative impact.

Outokumpu Corporation, a global leader in stainless steel, announced that JPMorgan Chase & Co’s total holding in the company's shares and voting rights has risen above the 5% threshold to 5.06% as of April 17, 2024. This marks an increase from their previous holding which was below the minimum threshold. Outokumpu has a total of 456,874,448 shares, with each share carrying one vote. The company currently holds 33,188,820 treasury shares.