Outokumpu’s fourth-quarter adjusted EBITDA higher than expected

Outokumpu’s fourth-quarter adjusted EBITDA higher than expected

Outokumpu’s fourth-quarter adjusted EBITDA is expected to be approximately EUR 70 million mainly as a result of positive raw material impacts, including improved raw material efficiency and hedging. The company has earlier expected its fourth-quarter adjusted EBITDA to be at a similar level to the third quarter of 2019 (Q3/19: EUR 45 million).

Outokumpu will publish the Financial Statements release on February 5, 2020 at approx. 9.00 am EET.

For more information:

Reeta Kaukiainen, EVP – Communications and IR, tel. +358 50 522 0924

Outokumpu Oyj