Outokumpu Q2 Adj EBITDA EUR 75 Mln, Above Estimate

July 31 (Reuters) - Outokumpu Oyj OUT1V.HE:

• Q2 SALES EUR 1,486 MILLION VERSUS. ESTIMATE EUR 1,570.2 MILLION

• Q2 ADJUSTED EBITDA EUR 75 MILLION VERSUS. ESTIMATE EUR 69 MILLION

• Q2 NET INCOME EUR -19 MILLION

• Q2 ADJUSTED EBIT EUR 21 MILLION VERSUS. ESTIMATE EUR 11.3 MILLION

• Q2 EPS EUR -0.04

• Q2 EBITDA EUR 39 MILLION

• Q2 EBIT EUR -21 MILLION

• EBITDA RUN-RATE IMPROVEMENTS IN Q2 WERE MAINLY DRIVEN BY BUSINESS AREA AMERICAS

• ADJUSTED EBITDA IN Q3 OF 2025 IS EXPECTED TO BE LOWER COMPARED TO Q2

• GROUP STAINLESS STEEL DELIVERIES IN Q3 ARE EXPECTED TO DECREASE BY 5-15% COMPARED TO Q2

• Q2 STAINLESS STEEL DELIVERIES 483,000 TONNES VERSUS 486,300 SEEN IN VARA CONSENSUS

• PRESSURE ON REALIZED STAINLESS STEEL PRICES IS EXPECTED TO CONTINUE IN EUROPE DURING Q3

• WHILE IN U.S. WE DO NOT SEE SIGNS OF DEMAND RECOVERY , CURRENT TARIFFS ARE SUPPORTING MORE FAVORABLE MARKET CONDITIONS FOR LOCAL PRODUCERS

• MAINTENANCE BREAKS IN BUSINESS AREA EUROPE TO HAVE IMPACT OF UP TO EUR -10 MILLION ON ADJUSTED EBITDA IN Q3 COMPARED TO Q2

• EUROPEAN COMMISSION MUST ACT WITH URGENCY TO IMPLEMENT MORE EFFECTIVE SAFEGUARD MEASURES AGAINST ASIAN IMPORTS

• WE NEED TO ACCELERATE PACE OF CHANGE AT OUTOKUMPU TO ADAPT MORE QUICKLY TO MARKET ENVIRONMENT