Outokumpu released its FY16 results. Sales reached €5,690m (-10.8%), EBITDA €355m (-33%), underlying EBITDA €298m (vs €196m), EBIT €103m (-55%), underlying EBIT €45m (vs €-101m) and the net result €144m (vs €86m). Net debt at the end of FY16 stood at €1,242m (vs €1,610m). Note the reported operating figures for FY15 included, amongst others, the capital gain on SKS (€409m) and are not directly comparable. A dividend of €0.10 wil
02 Feb 2017
FY16 results confirm the improvement in the group’s profitability
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FY16 results confirm the improvement in the group’s profitability
Outokumpu Oyj (OUT1V:HEL) | 0 0 2.1% | Mkt Cap: 2,681m
- Published:
02 Feb 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Outokumpu released its FY16 results. Sales reached €5,690m (-10.8%), EBITDA €355m (-33%), underlying EBITDA €298m (vs €196m), EBIT €103m (-55%), underlying EBIT €45m (vs €-101m) and the net result €144m (vs €86m). Net debt at the end of FY16 stood at €1,242m (vs €1,610m). Note the reported operating figures for FY15 included, amongst others, the capital gain on SKS (€409m) and are not directly comparable. A dividend of €0.10 wil