OUTOKUMPU – IMPROVING FINANCIAL RESULTS AND CONTINUED PROGRESS IN EFFICIENCY PROGRAMS
Highlights in the first quarter 2014 In line with management expectations Outokumpu’s operational performance continued to improve in the first quarter and underlying EBIT1) loss was EUR 45 million. Operating cash flow was EUR -14 million. Stainless steel deliveries grew by 9.1% and were 676,000 tonnes2) (IV 2013: 620,000 tonnes). Underlying EBITDA1) was EUR 37 …