Overview
Outokumpu Base Metals
Outokumpu Oyj is the global leader in stainless steel. It operates through three business areas – Europe, the Americas, and Ferrochrome. The Europe and Americas produce stainless steel coil, plate, wire, austenitic and ferritic grades, and tailored products, while Ferrochrome focuses on the chrome mine and ferrochrome operations. Its products are used for constructing buildings, plants, bridges, manufacturing cars, trucks, and trains, and producing
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Read More kitchen sinks and appliances. The company's stainless steel business accounts for practically all of its revenue; more than 60% of those revenue are to European customers. The company was founded in 1910.
Read Less
Read More kitchen sinks and appliances. The company's stainless steel business accounts for practically all of its revenue; more than 60% of those revenue are to European customers. The company was founded in 1910.
Read Less
Horst ter
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Management of Companies and Enterprises
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Iron and Steel Mills and Ferroalloy Manufacturing
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Holding companies, nec
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Blast furnaces and steel mills
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Actual
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Actual
$6.28 billion
Actual
-14.64%
$5,965
DEC
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OMXHel:OUT1V
Contacts
Get in Touch with 4 Principals*
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Horst terManaging Director
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$6.28 billion
USD
Actual
1 USD = 0.9456 EUR
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $155 | $344 | $823 |
Net Investing Cash | -$231 | -$37 | -$168 |
Net Financing Cash | -$125 | -$455 | -$288 |
Net Change in Cash | -$200 | -$148 | $367 |
Cash at Beginning of Period | $531 | $681 | $317 |
Cash at End of Period | $331 | $531 | $681 |
Capital Expenditure | -$223 | -$154 | -$164 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $331 | $531 | $556 |
Accounts Receivable | $411 | $537 | $627 |
Inventories | $1,840 | $1,654 | $1,873 |
Other Current Assets | $223 | $217 | $706 |
Asset Summary | |||
Total Current Assets | $2,806 | $2,939 | $3,763 |
Tangible Fixed Assets | $2,238 | $2,170 | $2,543 |
Intangible Assets | $130 | $104 | $95 |
Total Assets | $5,965 | $5,927 | $6,983 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $1,194 | $1,128 | $1,280 |
Short-Term Debt | $229 | $57 | $50 |
Other Current Liabilities | $378 | $365 | $871 |
Liability Summary | |||
Total Current Liabilities | $1,801 | $1,550 | $2,201 |
Long-Term Debt | $84 | $225 | $368 |
Other Long-Term Liabilities | $1 | $ | -$4 |
Total Liabilities | $2,344 | $2,290 | $3,029 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $329 | $329 | $329 |
Retained Earnings | $585 | $627 | $1,115 |
Equity Summary | |||
Total Equity | $3,964 | $3,978 | $4,356 |
Shares Outstanding | 423,685,628 | 431,190,703 | 444,134,611 |