OverviewSuggest Edit

Outokumpu is a stainless steel company. It operates within four business areas, namely Stainless Coil EMEA, Stainless Coil Americas, Stainless APAC and High Performance Stainless and Alloys. The Company produces a range of stainless steel products, including hot and cold rolled, precision strip, tubular and stainless long products together with a range of stainless fittings, flanges and welding consumables. Its products are used in automotive, heavy transport, white goods, building and construction, as well as in process industries.

TypePublic
Founded1932
HQHelsinki, FI
Websiteoutokumpu.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Feb 2019)10,459
Job Openings8
Revenue (FY, 2021)€7.7 B(+37%)
Share Price (May 2022)€4.9
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Outokumpu

Heikki Malinen

Heikki Malinen

President and CEO, Vice Chairman
Kari Jordan

Kari Jordan

Chairman of the Board of Directors
Eeva Sipilä

Eeva Sipilä

Vice Chairman, Vice chairman and board of directors
Liam Bates

Liam Bates

President, Long Products
Thomas Anstots

Thomas Anstots

Executive Vice President, Commercial, BA Europe, Member of the Leadership Team
Stefan Erdmann

Stefan Erdmann

Chief Technology Officer
Show more

Outokumpu Office Locations

Outokumpu has offices in Helsinki, Jyväskylä, Kemi, Tornio and in 48 other locations
Helsinki, FI (HQ)
Salmisaarenranta 11
Jyväskylä, FI
Savelankatu 5
Kemi, FI
Elijärventie 645
Tornio, FI
Terästie
Garin, AR
Rivadavia s/n, Centro Industrial de Garin
Laverton North, AU
134-136 Fitzgerald Road
Show all (59)

Outokumpu Financials and Metrics

Outokumpu Revenue

Outokumpu's revenue was reported to be €7.71 b in FY, 2021
EUR

Revenue (FY, 2021)

7.7b

Gross profit (FY, 2021)

3.5b

Net income (FY, 2021)

553.0m

EBITDA (FY, 2021)

995.0m

EBIT (FY, 2021)

695.0m

Market capitalization (13-May-2022)

2.2b

Closing stock price (13-May-2022)

4.9

Cash (31-Dec-2021)

300.0m

EV

2.6b
Outokumpu's current market capitalization is €2.2 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

6.9b6.4b5.6b7.7b

Cost of goods sold

(6.2b)(5.9b)(5.2b)(4.2b)

Gross profit

727.0m536.0m485.0m3.5b

R&D expense

(14.0m)(16.0m)(20.0m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.7b1.7b1.6b1.6b1.4b1.3b1.7b1.9b1.9b

Cost of goods sold

(1.6b)(1.5b)(1.5b)(1.4b)(1.3b)(1.2b)(1.4b)(1.6b)(1.6b)

Gross profit

147.0m187.0m145.0m184.0m117.0m87.0m241.0m294.0m365.0m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

68.0m325.0m376.0m300.0m

Accounts Receivable

482.0m359.0m384.0m597.0m

Prepaid Expenses

61.0m93.0m79.0m107.0m

Inventories

1.6b1.4b1.2b1.9b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

132.0m190.0m123.0m411.0m399.0m411.0m330.0m257.0m345.0m

Accounts Receivable

748.0m739.0m687.0m660.0m625.0m550.0m724.0m822.0m800.0m

Inventories

1.4b1.4b1.4b1.4b1.1b1.1b1.3b1.4b1.6b
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

130.0m(75.0m)(116.0m)553.0m

Depreciation and Amortization

204.0m230.0m246.0m259.0m

Inventories

(145.0m)129.0m237.0m(684.0m)

Accounts Payable

(27.0m)(10.0m)47.0m659.0m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(39.0m)(33.0m)(60.0m)22.0m(15.0m)(78.0m)82.0m212.0m394.0m

Depreciation and Amortization

57.0m115.0m173.0m61.0m122.0m183.0m61.0m120.0m182.0m
EURFY, 2018

Revenue/Employee

665.5k
Show all financial metrics

Outokumpu Revenue Breakdown

Embed Graph

Outokumpu revenue breakdown by business segment: 7.1% from OTHER OPERATIONS, 9.3% from LONG PRODUCTS, 67.9% from EUROPE, 28.4% from AMERICAS and -12.8% from Other

Outokumpu Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Outokumpu Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Outokumpu Online and Social Media Presence

Embed Graph

Outokumpu Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    C

    65/100

  • Compensation

    A

    80/100

Learn more on Comparably

Outokumpu News and Updates

Outokumpu - Notice to the Annual General Meeting 2022

HELSINKI, March 4, 2022 /PRNewswire/ -- Notice is given to the shareholders of Outokumpu Oyj ("Outokumpu" or "Company") to the Annual General Meeting to be held on Thursday, March 31, 2022 at 1.00 pm EEST at the Company's head office at Salmisaarenranta 11, Helsinki, Finland. In order to...

Outokumpu - Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2022

HELSINKI, Dec. 2, 2021 /PRNewswire/ -- The Shareholders' Nomination Board of Outokumpu Oyj proposes to the Annual General Meeting 2022 that the meeting would decide on the number, composition and remuneration of the Board of Directors as follows: Number and composition of the Board of...

Outokumpu interim report January-September 2021: Realized prices for stainless steel increased and Q3 adjusted EBITDA rose to EUR 295 million

HELSINKI, Nov. 4, 2021 /PRNewswire/ -- Highlights in Q3 2021 Stainless steel deliveries were 575,000 tonnes (488,000 tonnes)1. Adjusted EBITDA increased to EUR 295 million (EUR 22 million). EBITDA was EUR 295 million (EUR 10 million). Operating cash flow amounted to EUR 180 million (EUR...

Global Steel Market Size, Trends & Forecasts Report 2021-2025 with Focus on Stainless Steel & Profiles of ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Outokumpu and POSCO

Dublin, April 28, 2021 (GLOBE NEWSWIRE) -- The "Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering. "Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2021-20…

Outokumpu – Publishing of the third-quarter 2019 results

Outokumpu Oyj Press release October 17, 2019 at 9.00 am EEST
Show more

Outokumpu Frequently Asked Questions

  • When was Outokumpu founded?

    Outokumpu was founded in 1932.

  • Who are Outokumpu key executives?

    Outokumpu's key executives are Heikki Malinen, Kari Jordan and Eeva Sipilä.

  • How many employees does Outokumpu have?

    Outokumpu has 10,459 employees.

  • What is Outokumpu revenue?

    Latest Outokumpu annual revenue is €7.7 b.

  • What is Outokumpu revenue per employee?

    Latest Outokumpu revenue per employee is €737.1 k.

  • Who are Outokumpu competitors?

    Competitors of Outokumpu include SSAB, AK Steel and Allegheny Technologies.

  • Where is Outokumpu headquarters?

    Outokumpu headquarters is located at Salmisaarenranta 11, Helsinki.

  • Where are Outokumpu offices?

    Outokumpu has offices in Helsinki, Jyväskylä, Kemi, Tornio and in 48 other locations.

  • How many offices does Outokumpu have?

    Outokumpu has 59 offices.