Outokumpu’s Q3 highlights: revenues were down 12.3% sequentially to €1,487m (and -17.4% yoy), EBITDA reached €3m (vs €55m in Q2 and €67m in Q3 14), EBIT was €-77m (vs €-26m in Q2 and €-9m a year ago) and the net result reached €-115m (€-62m in Q2 and €-77m in Q3 14). Net debt at the end of Q3 was €2,012m (vs €2,116m in H1). Note this is before the positive impact of the SKS disposal. Lastly, the group reminded that the CEO Mika
05 Nov 2015
Tough Q3 15
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Tough Q3 15
Outokumpu Oyj (OUT1V:HEL) | 0 0 2.1% | Mkt Cap: 2,681m
- Published:
05 Nov 2015 -
Author:
Fabrice Farigoule -
Pages:
2
Outokumpu’s Q3 highlights: revenues were down 12.3% sequentially to €1,487m (and -17.4% yoy), EBITDA reached €3m (vs €55m in Q2 and €67m in Q3 14), EBIT was €-77m (vs €-26m in Q2 and €-9m a year ago) and the net result reached €-115m (€-62m in Q2 and €-77m in Q3 14). Net debt at the end of Q3 was €2,012m (vs €2,116m in H1). Note this is before the positive impact of the SKS disposal. Lastly, the group reminded that the CEO Mika