Outokumpu Q1 adjusted EBITDA rises to EUR 65 million; stainless steel deliveries climb 27% QoQ to 465,000 tons

  • Outokumpu posted Q1 2026 net loss of EUR 6 million, narrowing from EUR 65 million in Q4 2025, while operating profit swung to EUR 3 million from an operating loss of EUR 83 million.
  • Sales rose to EUR 1.45 billion from EUR 1.16 billion in Q4 2025, while adjusted EBITDA climbed to EUR 65 million from EUR 10 million.
  • Stainless steel deliveries increased 27% quarter-on-quarter to 465,000 tonnes, driven by seasonal factors and CBAM-related effects, while ferrochrome deliveries rose 17% to 110,000 tonnes as the market remained balanced and supported price increases.
  • Operating cash flow strengthened to EUR 85 million, net debt fell to EUR 241 million, and a restructuring program targeting EUR 100 million in annual cost savings by end-2027 remained on track with about half expected in 2026.
  • For Q2 2026, adjusted EBITDA is expected to be higher than Q1, with stainless steel delivery volumes forecast to rise 0-10% from Q1.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Outokumpu Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260512:BIT:1453:0) on May 12, 2026, and is solely responsible for the information contained therein.