Outokumpu Oyj

Ticker/ISIN

OUT1V

FI0009002422

Marknad/Land

Main Market, Helsinki

Sweden

Om Outokumpu Oyj

Outokumpu is a global leader in stainless steel. Outokumpu's vision is to be the undisputed number one in stainless, with success based on operational excellence. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future.Outokumpu operates in some 30 countries and employs more than 8 000 people. The Group's head office is located in Espoo, Finland. Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988.

Senaste sammanfattade pressmeddelande från Outokumpu Oyj

Outokumpu Corporation announced a change in the publication date for its January-September 2025 interim financial report, moving it from October 30 to October 29, 2025. Outokumpu is a global leader in sustainable stainless steel production, emphasizing the use of recycled materials and a low carbon footprint. The company is committed to mitigating climate change and supports its clients in reducing emissions. Outokumpu employs around 8,500 people across nearly 30 countries, with headquarters in Helsinki, Finland, and is listed on Nasdaq Helsinki. For further information, investors can contact Linda Häkkilä, Head of Investor Relations, and media inquiries can be directed to the Outokumpu media desk.

Finansiell kalender: Outokumpu's updated financial reporting schedule in 2025

för 2 månader sedan

Outokumpu Corporation, a leader in sustainable stainless steel, announced a significant 95% increase in mineral reserves at its Kemi chrome mine in Finland, following new underground drillings. The reserves are now estimated at 62.5 million tonnes, potentially generating a turnover of EUR 15 billion if sold as ferrochrome. The company has invested over EUR 280 million in expanding the mine and upgrading its systems to secure chromium availability until the 2050s, without needing further major investments. Outokumpu aims to make the Kemi mine the world's first carbon-neutral mine by the end of 2025, highlighting its commitment to sustainability. The company's products, made from 95% recycled materials, have a carbon footprint up to 75% lower than the industry average, supporting efforts to mitigate climate change. Outokumpu employs around 8,500 people in nearly 30 countries, with headquarters in Helsinki, Finland.

Nyheter för investerare: Outokumpu's mineral reserves in Kemi chrome mine increased by 95%

för 2 månader sedan

Outokumpu Corporation announced a change to the proposals of the Shareholders’ Nomination Board for the Annual General Meeting 2025. Pierre Vareille, a current Board member, will not seek re-election for personal reasons, leading the Nomination Board to propose an eight-member Board instead of nine. The current members Heinz Jörg Fuhrmann, Kari Jordan, Päivi Luostarinen, Jyrki Mäki-Kala, Petter Söderström, and Julia Woodhouse are proposed for re-election, while Hilde Merete Aasheim and Olavi Huhtala are proposed as new members. Kari Jordan is proposed as Chairman and Jyrki Mäki-Kala as Vice Chairman. The Board members have confirmed their independence from the company and major shareholders, except for Petter Söderström, who is independent of the company but not of major shareholder Solidium Oy. The Nomination Board proposes an increase in annual remuneration for the Board, with 40% paid in company shares, and unchanged meeting fees. The Shareholders’ Nomination Board includes representatives from Solidium Oy, Varma Mutual Pension Insurance Company, Ilmarinen Mutual Pension Insurance Company, The Social Insurance Institution of Finland, and Outokumpu. Outokumpu is focused on sustainable stainless steel production, using 95% recycled materials and maintaining a low carbon footprint. The company employs around 8,500 people globally and is headquartered in Helsinki, Finland.

Övrig information som ska lämnas enligt börsens regler: Outokumpu - Change to the Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2025

för 2 månader sedan

Outokumpu Corporation's Shareholders’ Nomination Board has made proposals for the 2025 Annual General Meeting regarding the Board of Directors' composition and remuneration. The Board is proposed to consist of nine members, with seven current members being re-elected and two new members, Hilde Merete Aasheim and Olavi Huhtala, being elected. Kari Jordan is proposed to continue as Chairman, and Jyrki Mäki-Kala as Vice Chairman. The proposed Board members have agreed to their appointments and confirmed their independence from the company, except for Petter Söderström, who is not independent from one major shareholder, Solidium Oy. The Nomination Board suggests that the Board be elected as a whole rather than individually. For remuneration, it is proposed that 40% be paid in the company's shares, with an option for cash payment if a member's existing shares exceed the annual remuneration value. Meeting fees remain unchanged at EUR 800 per meeting, or EUR 1,600 for meetings outside a member's country of residence. The Nomination Board includes representatives from Solidium Oy, Varma Mutual Pension Insurance Company, Ilmarinen Mutual Pension Insurance Company, The Social Insurance Institution of Finland, and Outokumpu. Outokumpu, a leader in sustainable stainless steel, focuses on the circular economy and aims to support climate change mitigation with a lower carbon footprint. The company employs about 8,500 people in nearly 30 countries, with headquarters in Helsinki, Finland.

Övrig information som ska lämnas enligt börsens regler: Outokumpu - Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2025

för 3 månader sedan

Outokumpu Corporation expects its adjusted EBITDA for the fourth quarter of 2024 to be lower than the third quarter's EUR 86 million, possibly nearing break-even or turning negative. This is attributed to a weaker stainless steel market, extended maintenance at its Tornio site, and negative inventory impacts. Stainless steel deliveries are projected to decrease by 0-10%, leaning towards the lower end of this range. The company will release its full-year 2024 results on February 13, 2025. Outokumpu is focused on sustainable practices, producing stainless steel from 95% recycled materials, and aims to support climate goals with a significantly lower carbon footprint. The company employs around 8,500 people in nearly 30 countries, with headquarters in Helsinki, Finland.

Insiderinformation: Inside information, profit warning: Outokumpu's fourth-quarter 2024 adjusted EBITDA expected to be close to break-even or turn negative

för 3 månader sedan

Outokumpu Corporation has announced a €40 million investment in a biocarbon production plant in Sassnitz, Germany, aimed at reducing its direct emissions by replacing fossil raw materials. Scheduled for commissioning in the first half of 2026, the plant will produce 15,000 tonnes of biocarbon annually from waste wood, serving as feedstock for biocoke used in Outokumpu’s ferrochrome production in Finland. The investment is part of Outokumpu’s strategy to cut its emission intensity by 42% by 2030 from 2016 levels, and to prepare for potential changes in the European Emissions Trading System. The company is also exploring other technologies and carbon capture to further reduce emissions. The new plant will also utilize side stream gases to generate heat and electricity, enhancing the financial viability of the project. Outokumpu is committed to sustainable practices, with its stainless steel having up to 75% lower carbon footprint than the global average.

Nyheter för investerare: Outokumpu invests in a biocarbon plant in Germany to further reduce its direct emissions

för 3 månader sedan

Outokumpu Corporation announced the approval of its share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for 2025–2027. The PSP's criteria are based on Outokumpu's return on capital employed and CO2 emissions per ton of crude steel, with a maximum of 200 key employees and 3,700,000 gross shares. The RSP is for specific employee situations, with a maximum of 250,000 gross shares. Share rewards will be distributed between 2026 and 2028, subject to conditions. Outokumpu, a leader in sustainable stainless steel, focuses on recycling and reducing carbon emissions, with operations in nearly 30 countries and headquarters in Helsinki, Finland.

Övrig information som ska lämnas enligt börsens regler: Outokumpu's next plan period for share-based programs

för 3 månader sedan

Outokumpu Corporation announced its schedule for financial reports in 2025, with the annual report for 2024 set to be published during week 10. The Annual General Meeting is tentatively planned for April 3, 2025, pending a decision by the Board of Directors. Outokumpu focuses on sustainable stainless steel production, utilizing 95% recycled materials and achieving a carbon footprint up to 75% lower than the industry average. The company is committed to the 1.5°C climate target and employs around 8,500 people in nearly 30 countries, with headquarters in Helsinki, Finland. Its shares are listed on Nasdaq Helsinki.

Finansiell kalender: Outokumpu's financial reporting schedule in 2025

för 4 månader sedan

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Nyhetsuppdatering från Outokumpu Oyj för 6 månader sedan

Ändring av styrelse/ledning/revisor: Kati ter Horst eroaa Outokummun hallituksesta aloittaessaan toimitusjohtajana 1.10.

Main Market, Helsinki News

Nyhetsuppdatering från Outokumpu Oyj för 6 månader sedan

Ändring av styrelse/ledning/revisor: Kati ter Horst resigns from Outokumpu board of directors, takes the helm as President and CEO as of October 1

Kati ter Horst will assume the role of President and CEO of Outokumpu Corporation on October 1, 2024, leading to her resignation as a member and vice chairman of the board of directors. Following her resignation, the board will have seven members, and a new vice chairman will be elected at the 2025 annual general meeting. Heikki Malinen will step down as President and CEO on September 30, 2024. Outokumpu is a global leader in sustainable stainless steel, emphasizing a circular economy with products made from 95% recycled materials and a commitment to mitigating climate change. The company employs around 8,500 professionals in nearly 30 countries, with headquarters in Helsinki, Finland, and is listed on Nasdaq Helsinki.

Main Market, Helsinki News