kusadasi schreef op 25 juli 2017 11:36:
Deze concurent van Aparam (rvs)waarschuwde al een paar weken terug,nu met tegen
vallende cijfers -4,5%
News » Business » International Business News » Outokumpu Q2 underlying EBITDA EUR 199 million, below expectations
Outokumpu Q2 underlying EBITDA EUR 199 million, below expectations
Reuters | Jul 25, 2017, 02:45 PM IST
July 25 (Reuters) - OUTOKUMPU OYJ
* OUTOKUMPU - SOLID PROFITABILITY DESPITE FERROCHROME PRODUCTION CHALLENGES, GROUP ADJUSTED EBITDA AT EUR 199 MILLION
* OUTOKUMPU OYJ - ?EXPECTS BUSINESS AREA EUROPE'S AND LONG PRODUCTS' STAINLESS STEEL DELIVERIES TO DECREASE IN Q3?
* Q2 NET SALES EUR ?1?.66 BILLION (REUTERS POLL EUR 1.73 BILLION)
* OUTOKUMPU OYJ - ?THERE IS MARKET PRESSURE TOWARDS DECREASING BASE PRICES IN BOTH EUROPE AND US?
* UNDERLYING STAINLESS STEEL DEMAND IS EXPECTED TO REMAIN HEALTHY IN BOTH EUROPE AND US.
* IN Q3, TYPICAL SEASONAL SLOWDOWN IS FORECASTED TO HAVE A NEGATIVE IMPACT ON APPARENT STAINLESS STEEL CONSUMPTION.
* Q2 UNDERLYING EBITDA EUR 199 MILLION (REUTERS POLL EUR 204 MILLION)
* OUTOKUMPU - ?LOWER FERROCHROME CONTRACT PRICE AND LOW DELIVERY VOLUMES ARE EXPECTED TO HAVE A SIGNIFICANT NEGATIVE IMPACT ON Q3 EARNINGS?
* "?THERE IS MARKET PRESSURE TOWARDS DECREASING BASE PRICES IN BOTH EUROPE AND US."?
* EXPECTS BUSINESS AREA EUROPE'S AND LONG PRODUCTS' STAINLESS STEEL DELIVERIES TO DECREASE IN Q3
* ?IN Q3, TYPICAL SEASONAL SLOWDOWN IS FORECASTED TO HAVE A NEGATIVE IMPACT ON APPARENT STAINLESS STEEL CONSUMPTION?
* ?LOWER FERROCHROME CONTRACT PRICE AND LOW DELIVERY VOLUMES ARE EXPECTED TO HAVE A SIGNIFICANT NEGATIVE IMPACT ON THIRD-QUARTER EARNINGS.?
* Q2 UNDERLYING EBIT EUR 145 MILLION (REUTERS POLL: EUR 147 MILLION)
* IN AMERICAS, DELIVERIES IN Q3 ARE EXPECTED TO REMAIN RELATIVELY FLAT COMPARED TO Q2
* ?EXPECTS SIGNIFICANTLY LOWER THIRD-QUARTER ADJUSTED EBITDA COMPARED TO PREVIOUS QUARTER?
* ?"IT IS OBVIOUS THAT OUR RESULTS COULD HAVE BEEN EVEN BETTER."?
* ?"STEEP DROP IN RAW MATERIAL PRICES WILL LEAD TO LOWER MARGINS"?
* "CONTINUING PROBLEMS WITH ONE OF OUR FERROCHROME FURNACES HAVE NEGATIVELY AFFECTED OUR RESULTS" CEO SAYS
* SHARES FALL 4 PERCENT AFTER Q2 REPORT
* "REDUCING NET DEBT CONTINUES TO BE ONE OF OUR MAIN PRIORITIES" CEO SAYS Source text for Eikon: Further company coverage: (Gdynia Newsroom)