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As of on the Helsinki Stock Exchange ∙ Minimum 15 minute delay
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Outokumpu Successfully Completes Private Placement Of New Shares Raising EUR 209 Million
Outokumpu Oyj Says To Carry Out An Issue Of Up To 40,500,000 New Shares In Private Placement To Institutional Investors
Outokumpu Oyj - Q1 Adjusted EBITDA Was EUR 177 Million
Outokumpu Oyj is a Finland-based stainless steel company. It operates within four business areas, namely Stainless Coil EMEA (Europe, the Middle East and Africa), Stainless Coil Americas, Stainless APAC (Asia-Pacific) and High Performance Stainless & Alloys. The Company produces a range of stainless steel products, including hot and cold rolled, precision strip, tubular and stainless long products together with a range of stainless fittings, flanges and welding consumables. Its products are used in automotive, heavy transport, white goods, building and construction, as well as in process industries. The Company’s main production plants are located in Finland, Sweden and the United Kingdom. The Company operates in over 40 countries.
Iron & Steel
Independent Chairman of the Board
President, Chief Executive Officer, Member of the Leadership Team
Independent Vice Chairman of the Board
Chief Financial Officer, Member of the Leadership Team
President - Long Products
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Outokumpu Oyj issued late on Thursday a convertible bond worth 125 million euros ($140 million), saying it was seeking to optimise its capital structure and extend its debt maturity profile.
* IN 2020, WE CONTINUE TO STRENGTHEN OUR BALANCE SHEET AND REDUCE NET DEBT WITH A STRONG FOCUS ON CASH GENERATION AND EFFICIENT MANAGEMENT OF WORKING CAPITAL
Finland's Outokumpu, one of the world's largest stainless steelmakers, said the United States would grant very few steel tariff exemption requests, adding it expected U.S. stainless prices to resume their upward trend as a result.
Finland's Outokumpu <OUT1V.HE> on Tuesday reported record high second-quarter stainless steel deliveries while meeting profit forecasts, sending its shares sharply higher.
Finland's Outokumpu, one of the world's largest makers of stainless steel, believes the European Commission will come up with safeguard measures next month to protect the industry, its chief executive said.
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