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    OUT1V   FI0009002422

OUTOKUMPU OYJ

(OUT1V)
  Report
Real-time Estimate Cboe Europe  -  11:30 2022-09-28 am EDT
3.614 EUR   -1.20%
09/26Outokumpu restates consolidated statement of income and relevant Group and segment key figures for 2021 and first half of 2022 to reflect the divestment of majority of its Long Products business
AQ
09/16Outokumpu Oyj : appoints Henrik Rodenström as SVP – Treasury
PU
09/15Moody's Lifts Finland-based Outokumpu's Outlook to Positive on Improved Credit Metrics
MT
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Outokumpu Oyj : site visit to Kemi on June 15, 2022

06/16/2022 | 03:33am EDT

Business area Ferrochrome

Strongly progressing towards carbon neutrality

Site visit for institutional investors, analysts and bankers June 15, 2022

Martti Sassi - President, business area Ferrochrome

Content

Global ferrochrome and chrome ore production

BA Ferrochrome - Fundamental part of Outokumpu's operations

BA Ferrochrome - Global ESG leader in ferrochrome industry

Kemi mine - Towards carbon neutrality and sustainable mining

Summary

2 | June 15, 2022

Outokumpu has the only chrome mine in the EU area

Geographical distribution: mines and furnaces

Finland

Sweden

Russia

Kazakhstan

Albania

China

Turkey

India

Chrome ore production by country, 2021

FeCr production by country,

4%5%

3% 3%

12%

35 Mt

60%

12%

1%

4% 4%

7% 4%

South Africa Kazakhstan

India

Turkey

Finland Zimbabwe

ROW

China South Africa

Brazil

Indonesia

2021

11% 14 Mt

42%

Kazakhstan India

Zimbabwe

Chrome Ore Mine

Finland

Zimbabwe

FeCr production

South-Africa

27%

Russia

ROW

3 | June 15, 2022

Own ferrochrome production is a fundamental part of Outokumpu's fully integrated value chain

Largest ferrochrome producer in Europe

Part of one of the most integrated stainless steel plants in the world

Safe and modern operations

Kemi chrome mine

  • The only chrome mine in the EU, largest underground mine in Finland
  • Minimal impact to nature, concentration process based on gravity separation without chemicals

Tornio ferrochrome plant

  • Three submerged arc furnaces (SAF) with nominal annual capacity of 530,000 tonnes, SAF3 largest and most efficient furnace globally¹
  • Substantial cost benefits due to proximity of mine, high energy efficiency and by-product utilization
  • Ferrochrome delivered to Outokumpu's melt shops and to external customers

4 | June 15, 2022

1) In terms of capacity and electricity consumption

Outokumpu is a global ESG and sustainability leader in ferrochrome industry

Environment

Recognized in sustainability

CO2 footprint -70% lower than industry peer average 1) Environmental impacts monitored

Social

Strong focus on safety in operations

Open dialogue with local community

Governance

Systematic Code of Conduct training

Sustainable supply chain management

Total recordable incident frequency,

22.4

business area Ferrochrome

10.2

5.2

4.5

3.1

3.3

0

2016

2017

2018

2019

2020

2021

2022

YTD

  1. ICDA LCI, Industry average 5.2 vs. Outokumpu 1.6 ton CO2-eq/ton FeCr

5 | June 15, 2022

Disclaimer

Outokumpu Oyj published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 07:32:03 UTC.


© Publicnow 2022
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09/26Outokumpu restates consolidated statement of income and relevant Group and segment key ..
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09/16Outokumpu Oyj : appoints Henrik Rodenström as SVP – Treasury
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Analyst Recommendations on OUTOKUMPU OYJ
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Financials
Sales 2022 10 108 M 9 748 M 9 748 M
Net income 2022 815 M 786 M 786 M
Net cash 2022 323 M 312 M 312 M
P/E ratio 2022 2,07x
Yield 2022 8,32%
Capitalization 1 636 M 1 578 M 1 578 M
EV / Sales 2022 0,13x
EV / Sales 2023 0,13x
Nbr of Employees 9 173
Free-Float 79,8%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 3,61 €
Average target price 5,67 €
Spread / Average Target 56,9%
EPS Revisions
Managers and Directors
Heikki Pekka Mikael Malinen President & Chief Executive Officer
Pia Aaltonen-Forsell Chief Financial Officer
Kari Alpo Erik Jordan Chairman
Stefan Erdmann Chief Technology Officer
Pierre Vareille Independent Director
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