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Outokumpu


Yangiliklar

Jefferies sees 2025 earnings rebound for steelmakers Aperam, Outokumpu

BUZZ-Jefferies sees 2025 earnings rebound for steelmakers Aperam, Outokumpu ** Jefferies initiates Aperam APAM.AS and Outokumpu OUT1V.HE at "buy", expecting a substantial earnings rebound in 2025 for the two European stainless steel producers ** It cites stronger balance sheets, structurally lower carbon footprints translating to low capital needs for decarbonisation, cost leadership and lean working capital management ** It also likes their vertical integration, as well as Aperam's high dividen
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Adidas, Harbour Energy, LSE

EUROPE RESEARCH ROUNDUP-Adidas, Harbour Energy, LSE Sept 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Harbour Energy and LSE, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baird raises target price to EUR 260 from EUR 255 * Diploma Plc DPLM.L : Peel Hunt raises PT to 5,100p from 3,600p * Harbour Energy Plc HBR.L : Jefferies cuts target price to 360p from 400p * LSE LSEG.L : JP Morgan raises target price to 11,600p from
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Kati Ter Horst Resigns From Outokumpu Board Of Directors

BRIEF-Kati Ter Horst Resigns From Outokumpu Board Of Directors Sept 2 (Reuters) - Outokumpu Oyj OUT1V.HE : KATI TER HORST RESIGNS FROM OUTOKUMPU BOARD OF DIRECTORS, TAKES THE HELM AS PRESIDENT AND CEO AS OF OCTOBER 1 Source text for Eikon: ID:nWkr2RnJPj Further company coverage: OUT1V.HE (Gdansk Newsroom)
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US industry seeks easing of steep Biden-Harris China tariff hikes

US industry seeks easing of steep Biden-Harris China tariff hikes By David Lawder WASHINGTON, Aug 26 (Reuters) - The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the planned duties would be softened. Manufacturers from electric vehicles to electric utility equipment have asked for the higher tariff rates to be reduced, delayed or abandoned, and for potenti
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Citi says weak Q3 for European steel already priced in by consensus

BUZZ-Citi says weak Q3 for European steel already priced in by consensus ** Citi sees earnings weakness in the seasonally soft Q3 for European steel, but expects that to already be taken into consideration by consensus estimates ** It points out that European steel prices have remained resilient amid falling raw material prices, leading to small recovery in spot steel margins ** The brokerage sees recovery in spreads as a "precursor to steel market recovery", which could potentially firm up late
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Admiral, Capgemini, Zurich Insurance Group

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c
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Danske Bank, Lotus Bakeries NV, Vesuvius

EUROPE RESEARCH ROUNDUP-Danske Bank, Lotus Bakeries NV, Vesuvius Aug 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Lotus Bakeries NV and Vesuvius, on Tuesday. HIGHLIGHTS * Abrdn Plc ABDN.L : Morgan Stanley raises target price to 160p from 149p * Danske Bank DANSKE.CO : Morgan Stanley initiates coverage with overweight rating * Lotus Bakeries NV LOTB.BR : Berenberg raises target price to EUR 10,300 from EUR 9,000 *
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Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment

UPDATE 2-Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment Rewrites with Europe outlook, add details on unit performance and outlook, context on rivals By Jagoda Darlak Aug 8 (Reuters) - Finland's Outokumpu OUT1V.HE on Thursday reported second-quarter core profit above expectations, citing normalized operations after a strike earlier this year, but warned that the operating environment in Europe remains difficult.
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Finland's Outokumpu beats Q2 core profit view on normalizing operations

Finland's Outokumpu beats Q2 core profit view on normalizing operations Aug 8 (Reuters) - Finland's Outokumpu OUT1V.HE reported second-quarter core profit above expectations on Thursday, as its operations normalized after an industrial action in Finland, but said slow market recovery in Europe is expected to continue. The stainless steel maker reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 56 million euros ($61.2 million) for the April-June period.
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Outokumpu Expects Stainless Steel Deliveries In Q3 To Remain Stable

BRIEF-Outokumpu Expects Stainless Steel Deliveries In Q3 To Remain Stable Aug 8 (Reuters) - Outokumpu Oyj OUT1V.HE : OUTLOOK FOR Q3 2024: GROUP STAINLESS STEEL DELIVERIES IN Q3 ARE EXPECTED TO REMAIN STABLE COMPARED TO Q2 OUTLOOK FOR Q3 2024: SLOW MARKET RECOVERY IN EUROPE IS EXPECTED TO CONTINUE WHILE MARKET ENVIRONMENT FOR BUSINESS AREA AMERICAS
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Aug 2 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 08-Aug-2024 NTS NOD.OL Nordic Semiconductor ASA Q2 2024 Nordic Semiconductor ASA Earnings Release Start Date Start Time (GMT) RIC Company Name Event Name 06-Aug-2024 NTS REKA.HE Reka Industrial Oyj Q2 2024 Reka Industrial Oyj Earnings Release 06-Aug-2024 05:00 EQV1V.HE eQ O
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Finland's Neste cuts margin target again as biofuel prices fall

UPDATE 2-Finland's Neste cuts margin target again as biofuel prices fall Adds detail on prices in paragraph 3, comment and background on renewables market from paragraph 6 July 25 (Reuters) - Finnish oil refiner and biofuel maker Neste NESTE.HE narrowed down its annual renewables margin guidance on Thursday, its second cut to the target this year, after low biofuel prices hit its quarterly results.
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Western miners push for higher metals prices to ward off Chinese rivals

RPT-INSIGHT-Western miners push for higher metals prices to ward off Chinese rivals Repeats to fix format issues By Ernest Scheyder, Pratima Desai SALMON-CHALLIS NATIONAL FOREST, Idaho, July 22 (Reuters) - The only U.S. cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global markets with cheap supplies of the bluish metal used in electric vehicle batteries and electronics.
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Western miners push for higher metals prices to ward off Chinese rivals

INSIGHT-Western miners push for higher metals prices to ward off Chinese rivals By Ernest Scheyder and Pratima Desai SALMON-CHALLIS NATIONAL FOREST, Idaho, July 22 (Reuters) - The only U.S. cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global markets with cheap supplies of the bluish metal used in electric vehicle batteries and electronics.
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Britvic, Burberry, Prudential

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target
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Outokumpu appoints Kati ter Horst new CEO

UPDATE 1-Outokumpu appoints Kati ter Horst new CEO Adds detail on new CEO in paragraph 2, background in paragraph 3 COPENHAGEN, July 9 (Reuters) - Finnish steelmaker Outokumpu OUT1V.HE said on Tuesday it had appointed Kati ter Horst as new CEO and that she will take on the position Oct. 9 at the latest. It said in a statement ter Horst will join Outokumpu from Belgian water management company Aliaxis BE0941243520.BR where she has been head of the EMEA division since 2022. O utokumpu's previous C
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Outokumpu Appoints Kati Ter Horst As President And CEO

BRIEF-Outokumpu Appoints Kati Ter Horst As President And CEO July 9 (Reuters) - Outokumpu Oyj OUT1V.HE : INSIDE INFORMATION: OUTOKUMPU APPOINTS KATI TER HORST AS PRESIDENT AND CEO OF OUTOKUMPU BEFORE ALIAXIS, MS. TER HORST HAD A LONG CAREER AT STORA ENSO, MOST RECENTLY LEADING PAPER DIVISION HAS TODAY APPOINTED KATI TER HORST AS PRESIDENT AND CEO A
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