Outokumpu Oyj (OUTFF) Q1 2025 Earnings Call Transcript

2025-05-11 03:45:21 ET

Outokumpu Oyj (OUTFF)

Q1 2025 Earnings Conference Call

May 8, 2025 8:00 AM ET

Company Participants

Kati ter Horst - President and Chief Executive Officer

Marc-Simon Schaar - Chief Financial Officer

Conference Call Participants

Tristan Gresser - Exane BNP Paribas

Adahna Ekoku - Morgan Stanley

Dominic O’Kane - J.P. Morgan Securities LLC

Presentation

Operator

Hello, all, and welcome to Outokumpu’s Q1 2025 Results Webcast. My name is Linda Häkkilä, and I’m the Head of Investor Relations here at Outokumpu. With me today as our main speakers, we have our CEO, Kati ter Horst; and our CFO, Marc-Simon Schaar.

As per usual, we will first start with our presentations and after that we are happy to answer your questions. Before we start with the presentation, I would like to remind you about the disclaimer as we might be making forward-looking statements.

But now, without any further comments, I would like to hand over to our CEO.

Kati ter Horst

Thank you, Linda, very much. And dear ladies and gentlemen, welcome to our first quarter 2025 results call. Let’s get then going. So, our Q1 adjusted EBITDA improved clearly to €49 million in a very volatile market conditions. Our deliveries increased by 11% on Group level, 13% in Americas and 11% in the business area Europe. The 1-week strike that we had in Finland had a €50 million negative impact on our Group result and this impact was then mainly in business area Europe....

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