contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          slug
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


outokumpu-manager-transaction-paivi-luostarinen

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Outokumpu is a manufacturer of stainless steel and the group offers specialized solutions for various industrial purposes. The steel is used in tools, industrial infrastructure, and medical equipment. Customers are found on a global level, primarily in Europe and North America. Sales take place via global sales and service centers. The head office is located in Helsinki.

Today, new protective measures have been approved in the EU. https://www.consilium.europa.eu/en/press/press-releases/2026/06/08/steel-overcapacity-council-greenlights-new-rules-to-protect-the-eu-steel-market-from-global-overcapacity/

I was left holding almost a million of those weird shares.

Outokumpu Executive Sold Shares for Over 400,000 Euros | Arvopaperi  Outokumpu announces that Johann Steiner, the head of its Americas business area, sold company shares worth over 400,000 euros.

A few of my own highlights from the press conference:  In the Americas, the rise in price levels was already fully reflected in Q1 due to the market dynamics. The Mexican market is improving, and new regulation has been introduced that steers towards the use of local production > this supports Mexican production and prices, now that exports from there to the USA have been restricted due to tariffs. Order books in the Americas are strong and lead times are quite long. In Europe, the rise in price levels is reflected with more of a delay. During Q2, lower-margin orders represent a clearly smaller share than in Q4/25 and Q1/26 and will phase out during Q2. I’m thinking that from Q3 onwards, we should start to see a clear increase in price as well, considering that CBAM came into effect at the start of the year and new safeguards from July; thus, the incoming order backlog is certainly already at a better price and improving all the time. Contracts will, however, partly cause a delay before this fully feeds through to sales prices. FeCr should already receive some support during the year from higher-margin sales. Total production of over 500kt possible? Demand is robust. Q2 results will improve significantly. Half of the improvement comes from volume and half from timing and hedging. Marc Simon further clarified that these improvements will come from “most of Europe”.  Summa summarum: Q1 could have been better (Europe!!), but the market direction as a whole is good now. Based on the above, I’ll throw out my own Q2 EBITDA forecast: Americas €55m, FeCr €35m, and Europe will also bounce clearly into the black at €20m, so my own Q2 EBITDA forecast/guess is €110m. The positive development should continue in Q3 and Q4, taking seasonality into account of course, but it looks good. Furthermore, if peace could be achieved in Ukraine and Iran in the near future, one could expect a quite significant jump in both European demand and earnings levels, as well as the share price.

In my opinion, it is quite good that Outokumpu does not invest directly in power generation. We are talking about a steel company and a ferrochrome mine, not an energy company. Instead, Outokumpu has sought to reduce its electricity (and other energy) consumption and has made investments in these areas. There are certainly still investment targets to be found on this front as well, but it is good that there is strict discipline regarding investments, so that they don’t have to resort to various share issues and thereby hit the owner’s wallet. It might be worth listening to that interview again, as Kati was merely hoping for a clear long-term industrial (and thus energy) policy for this country, where it is clearly stated what kind of activities they want to encourage in this country to improve opportunities for everyone.

Now to the matter at hand.  The verdict is to Reduce as the share price has reached neutrality. Inderes: 5.5 (Accumulate) → 5.8 EUR & Reduce.  Risk/reward ratio is balanced Relative to the historical through-the-cycle earnings level, the stock’s current valuation stands at a P/E ratio of approximately 11x and an EV/EBIT ratio of 8-9x. We consider these valuation multiples to be relatively neutral, as the through-the-cycle earnings level is clearly higher than the current earnings performance. The expectations baked into the current share price are also reflected in the fact that the stock’s pricing offers only a low free cash flow yield of approximately 5% relative to the realized average free cash flow of the past ten years. Thus, in our view, the current valuation already reflects expectations of structurally improved earnings power, which we consider justified given the changed market fundamentals. Overall, we find the stock’s valuation justified, the forecast risks balanced, and thus the risk/reward ratio neutral.                    Inderes              Outokumpu Q1'26: Kotiuttelemme voittoja pikkuhiljaa - Inderes    Outokummun Q1-tulos jäi odotuksistamme, mikä heijastelee hyvin pitkälti arviomme mukaan väliaikaiseksi jääviä operatiivisia tekijöitä Europessa.

Well, it is quite relevant to be concerned about the price of electricity, whether you are a consumer or especially if you are the CEO of Outokumpu. Indeed, in the US, new large-scale consumers—at Trump’s insistence—participate in creating energy production/reserves, thereby helping ensure that the matter isn’t left solely to the assumed market mechanisms to handle at some point in the future. Outokumpu has certainly participated in the controlled expansion of energy capacity throughout its long history in the community known as Finland. They even tried to invest a few hundred million euros into increasing nuclear power capacity. However, Fennovoima collapsed, along with the money invested by Outokumpu and other shareholders. Additionally, Outokumpu might be irritated by the fact that the electricity tax rate for industry, including Outokumpu, was raised.  And to attract data centers, after some political debate, it was decided that their electricity tax would remain unchanged instead of being raised similarly.  Furthermore, to finance the lower electricity tax for the aforementioned data centers, it was decided that a mining tax would be created in Finland.  Likewise, the electrification support for industry was scrapped. Outokumpu has acted quite professionally and responsibly, and Ter Horst spoke well in the interview. I also think that Data Centers, with their massive construction projects and various maintenance jobs, are a good addition to our declining country. The challenge is simply trusting that the markets are capable of managing electricity prices within a reasonable average price and standard deviation.  The FUTURE is the risk, because it just doesn’t seem economical to build steady production. But let’s keep our fingers crossed that the markets handle things quickly, even with those Wärtsilä engines to level out the peak prices. After all, we all remember when experts enlightened us that Jaska went and hosted a sauna evening for his friends, and demand was just high enough that Pera’s Trailer Generator Ltd’s bid of 73.5 c/kWh went through. Then Pera pulled the starter cord, and the markets gasped at the high daily price, while secretly enjoying it and smirking at their income statements.

Outokumpu

Outokumpu Corporation Stock exchange release Manager transaction May 15, 2026 at 12.00 pm EESTOutokumpu - Manager transaction: Päivi LuostarinenOutokumpu has received a notification from Päivi...

<div class="abstract">Outokumpu Corporation Stock exchange release Manager transaction May 15, 2026 at 12.00 pm EEST</div>Outokumpu - Manager transaction: Päivi LuostarinenOutokumpu has received a notification from Päivi Luostarinen, member of the Board of Directors, of a transaction made with its financial instrument, according to the&nbsp;EU Market Abuse Regulation. Detailed information about the transaction is given in the table below.&nbsp;&nbsp;__________________________________________&nbsp;Person subject to the notification requirementName: Päivi LuostarinenPosition: Member of the Board/Deputy memberIssuer: Outokumpu CorporationLEI: 5493009YRUJJDCFF0R80Notification type: INITIAL NOTIFICATIONReference number: 156964/4/4____________________________________________&nbsp;Transaction date: 2026-05-13Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009002422Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE &nbsp;Transaction details(1): Volume: 5539 Unit price: 0 EUR &nbsp;Aggregated transactions (1): Volume: 5539 Volume weighted average price: 0 EUR&nbsp;For more information:&nbsp;Outokumpu media desk,&nbsp;tel.&nbsp;+358&nbsp;40 351 9840&nbsp;&nbsp;Outokumpu&nbsp;Corporation&nbsp;&nbsp;<div></div>