Financial performance remained solid in the third quarter, share buyback program announced
Outokumpu Q3 2022 results
Heikki Malinen, President & CEO
Pia Aaltonen-Forsell, CFO
November 3, 2022
November 3, 2022
Disclaimer
This presentation contains, or may be deemed to contain, statements that are not historical facts but forward- looking statements. Such forward-looking statements are based on the current plans, estimates and expectations of Outokumpu's management based on information available to it on the date of this presentation. By their nature, forward-looking statements involve risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. Future results of Outokumpu may vary from the results expressed in, or implied by, the forward-looking statements, possibly to a material degree. Factors that could cause such differences include, but are not limited to, the risks described in the "Risk factors" section of Outokumpu's latest Annual Report, and the risks detailed in Outokumpu's most recent financial results announcement. Outokumpu undertakes no obligation to update this presentation after the date hereof.
November 3, 2022
Best third-quarter result in history delivered in the midst of an unprecedented energy crisis in Europe
Heikki Malinen, President & CEO
November 3, 2022
Outokumpu's adjusted EBITDA amounted to EUR 304 million in the third quarter
Solid performance continued in a softening market environment
Profitability impacted by significant cost inflation, especially in electricity price
Successful cost mitigation
Hourly optimization of ferrochrome production
Recycled material content* 93%
First commercial proof points of low-carbonCircle Green
*last 12-month rolling average
November 3, 2022
Nordic electricity position competitive over Central Europe
4.6 TWh in 2021
November 3, 2022
1. Central Europe average of DE, NL, BE, FR prices
Note: Electricity represents 57% of Outokumpu's total 2021 energy usage. Excluding taxes, transmission costs and other related costs
Source: Refinitiv Eikon
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Outokumpu Oyj published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 10:31:59 UTC.
Outokumpu Oyj is one of the world's leading manufacturers of stainless steels. Net sales break down by activity as follows:
- sales of generic steel products (95.3%): rolled products, plates, flat steels, etc. The group also develops ferrochrome production activity. Net sales break down by geographical area between Europe (71.6%) and America (28.4%);
- ferrochrome production (3%);
- other (1.7%): primarily holdings in industrial groups.
Net sales are distributed geographically as follows: Finland (3.5%), Europe (61.2%), North America (28.7%), Asia/Pacific (5.3%) and other (1.3%).
OUTOKUMPU OYJ 
