Outokumpu released its Q3 16 results. Sales reached €1,419m (-4.6% yoy, +2.9% qoq), EBITDA €119m (vs €3m in Q3 15 and €62m in Q2 16), EBIT €40m (vs €-77m in Q3 15 and €6m in Q2 16) and the net result €13m (vs €-113m in Q3 15 and €-20m in Q2 16). Over 9 months, sales reached €4,183m (-15.5%), EBITDA €227m (vs €123m), EBIT €34m (vs €-113m) and the net result €-48m (vs €-222m). Net debt at the end of Q3 was &eur
03 Nov 2016
Q3 16 : signs of hope
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Q3 16 : signs of hope
Outokumpu Oyj (OUT1V:HEL) | 0 0 2.1% | Mkt Cap: 2,681m
- Published:
03 Nov 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Outokumpu released its Q3 16 results. Sales reached €1,419m (-4.6% yoy, +2.9% qoq), EBITDA €119m (vs €3m in Q3 15 and €62m in Q2 16), EBIT €40m (vs €-77m in Q3 15 and €6m in Q2 16) and the net result €13m (vs €-113m in Q3 15 and €-20m in Q2 16). Over 9 months, sales reached €4,183m (-15.5%), EBITDA €227m (vs €123m), EBIT €34m (vs €-113m) and the net result €-48m (vs €-222m). Net debt at the end of Q3 was &eur