OverviewSuggest Edit

Outotec is a provider of optimized solutions for minerals and metals processing, water treatment, and waste-to-energy in the mining, metal, energy, and chemical industries. It operates through two segments: Minerals Processing and Metals, Energy & Water. The Minerals Processing segment designs and delivers mineral processing equipment, optimized processes, including intelligent automation and control systems, as well as complete plants. The Metals, Energy & Water segment offers sustainable solutions for metals processing, renewable energy production, and industrial water treatment. The company also provides advisory, maintenance, operations, remote, training services, as well as upgrades and spare parts.

TypePublic
Founded2006
HQEsbo, FI
Websiteoutotec.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Sept 2019)4,102(+2%)
Revenue (FY, 2018)€1.3 B(+13%)
Share Price (Oct 2020)€6.7
Cybersecurity ratingCMore

Key People/Management at Outotec

Markku Teräsvasara

Markku Teräsvasara

President and CEO
Gustav Kildén

Gustav Kildén

Senior Vice President – Strategic Customers and Business Development
Kalle Härkki

Kalle Härkki

Executive Vice President, President of Metals, Energy& Water Business Unit
Tomas Hakala

Tomas Hakala

Executive Vice President, President of Services business unit
Jari Ålgars

Jari Ålgars

Chief Financial Officer
Kaisa Aalto-Luoto

Kaisa Aalto-Luoto

Senior Vice President, Human Resources & Communications
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Outotec Office Locations

Outotec has offices in Esbo, Englewood, Frenchs Forest, Itabirito and in 28 other locations
Esbo, FI (HQ)
Rauhalanpuisto 9
Frenchs Forest, AU
Building B, level 3/20 Rodborough Rd
Itabirito, BR
Rua Zumbi dos Palmares 207 - Nossa Senhora de Fátima
Vancouver, CA
789 W Pender St #955
Las Condes, CL
Av Vitacura 2939, Piso 9
Beijing, CN
Room 1007, China Life Tower, 16 Chaoyangmenwai Avenue
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Outotec Financials and Metrics

Outotec Revenue

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Outotec's revenue was reported to be €1.28 b in FY, 2018 which is a 12.1% increase from the previous period.
EUR

Revenue (Q3, 2019)

322.3m

Gross profit (Q3, 2019)

87.4m

Gross profit margin (Q3, 2019), %

27.1%

Net income (Q3, 2019)

14.7m

EBIT (Q3, 2019)

23.7m

Market capitalization (20-Oct-2020)

894.6m

Closing stock price (20-Oct-2020)

6.7

Cash (30-Sept-2019)

239.4m

EV

2.8b
Outotec's current market capitalization is €894.6 m.
Annual
EURFY, 2016FY, 2017FY, 2018

Revenue

1.1b1.1b1.3b

Revenue growth, %

8%12%

Cost of goods sold

824.6m870.5m1.1b

Gross profit

233.3m268.7m196.5m
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

267.7m272.2m270.4m287.1m331.2m320.2m254.7m326.6m322.3m

Cost of goods sold

204.9m211.3m205.5m221.6m259.0m246.5m185.7m242.4m234.9m

Gross profit

62.8m60.9m64.9m65.5m72.2m73.7m69.0m84.2m87.4m

Gross profit Margin, %

23%22%24%23%22%23%27%26%27%
Annual
EURFY, 2016FY, 2017FY, 2018

Cash

233.0m230.2m233.4m

Accounts Receivable

423.8m409.4m417.4m

Inventories

210.0m185.8m208.9m

Current Assets

870.6m830.0m876.3m
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

195.5m193.0m208.0m252.7m228.7m259.4m210.0m241.2m239.4m

Accounts Receivable

407.3m431.8m443.4m

Inventories

227.6m219.1m212.6m193.9m202.4m221.9m234.4m224.5m221.9m

Current Assets

863.5m815.6m829.8m811.2m828.4m868.2m867.2m909.6m918.6m
Annual
EURFY, 2016FY, 2017FY, 2018

Net Income

(69.3m)1.9m(67.3m)

Depreciation and Amortization

42.6m40.9m38.6m

Inventories

(3.6m)15.5m(17.4m)

Accounts Payable

(72.8m)(8.8m)50.3m
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(2.6m)(4.1m)2.0m2.2m(2.2m)7.0m5.4m13.9m28.6m

Depreciation and Amortization

10.4m21.0m31.2m9.7m19.3m28.9m13.1m26.1m38.9m

Cash From Operating Activities

(34.1m)(34.5m)(7.3m)68.5m44.2m88.0m(18.3m)30.2m58.3m

Purchases of PP&E

(4.6m)(9.3m)(14.0m)(4.8m)(10.8m)(16.8m)(3.1m)(9.2m)(12.9m)
EURFY, 2016

Revenue/Employee

253.9k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.9 x
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Outotec Acquisitions / Subsidiaries

Company NameDateDeal Size
BiominDecember 31, 2015
Kempe EngineeringDecember 31, 2015
Kovit EngineeringDecember 31, 2015
Sinter Plant ServicesNovember 02, 2015
Republic Alternative TechnologiesDecember 31, 2014
ScanalyseDecember 31, 2013
Backfill SpecialistsDecember 31, 2012
Demil Manutenção Industrial LtdaDecember 31, 2012
NumcoreDecember 31, 2012
TME GroupDecember 31, 2012
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Outotec Revenue Breakdown

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Outotec revenue breakdown by business segment: 59.4% from Minerals Processing and 40.6% from Metals, Energy & Water

Outotec revenue breakdown by geographic segment: 19.4% from APAC, 53.8% from EMEA and 26.7% from Americas

Outotec Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Outotec Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Outotec Online and Social Media Presence

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Outotec News and Updates

Outotec initiates employee cooperation negotiations for temporary lay-offs in Finland

OUTOTEC OYJ   PRESS RELEASE   MARCH 31, 2020 AT 10:45 AM

Update on the status of competition clearances required for the combination of Metso Minerals with Outotec

OUTOTEC OYJ   PRESS RELEASE   MARCH 10, 2020 AT 3:30 PM

Outotec to deliver process equipment to a gold project in Cambodia

OUTOTEC OYJ   PRESS RELEASE   FEBRUARY 12, 2020 AT 9:30 AM

Outotec and Neste introduce 100% bio-based diluent as a new solution for metals extraction

OUTOTEC OYJ   PRESS RELEASE   JANUARY 30, 2020 AT 10:30 AM

Outotec retained 12th place on the Global 100 list of the world's most sustainable companies

OUTOTEC OYJ   PRESS RELEASE   JANUARY 21, 2020  AT 9:00 AM
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Outotec Blogs

Outotec delivers coated titanium anodes to Glencore Nikkelverk AS new copper tankhouse in Norway

OUTOTEC OYJ PRESS RELEASE OCTOBER 10.10.2019 AT 10:00 AM Outotec delivers coated titanium anodes to Glencore Nikkelverk AS new copper tankhouse in Norway Outotec has agreed with Glencore Nikkelverk AS on the delivery of coated Titanium Anodes to the new tankhouse for copper electrowinning plant in N…

Introducing the Outotec Larox PF-DS double-side pressure filter for challenging and slow-filtering materials

The filtration applications are getting more demanding due to challenging materials, increased cake washing needs, strong acid processes, and finer particles being filtrated. There is an increasing need for technologies that can handle these challenges in a reliable and more automated manner. The ne…

Webinar Series: Practical solutions for mine tailings and water

Introducing a new webinar series on mine tailings and water. In this webinar we’ll discuss how to improve the thickener operation and what can be done if minor improvements are not enough? Presenter of the webinar Jason Palmer, Sales Director, Surface Tailings Solutions. Jason has extensive experien…

Outotec expands grinding portfolio with new range of mills and new polymer bearing system

In grinding applications time is money, so fast start-up and high availability are top priorities. The new Outotec® MH Series Grinding Mill range offers flexible and easily deployable solutions that are cost-effective and easy to operate and maintain. Along with the new mill offering, Outotec is als…

Outotec Frequently Asked Questions

  • When was Outotec founded?

    Outotec was founded in 2006.

  • Who are Outotec key executives?

    Outotec's key executives are Markku Teräsvasara, Gustav Kildén and Kalle Härkki.

  • How many employees does Outotec have?

    Outotec has 4,102 employees.

  • What is Outotec revenue?

    Latest Outotec annual revenue is €1.3 b.

  • What is Outotec revenue per employee?

    Latest Outotec revenue per employee is €311.2 k.

  • Who are Outotec competitors?

    Competitors of Outotec include Caverion, DuPont and Casella Waste Systems.

  • Where is Outotec headquarters?

    Outotec headquarters is located at Rauhalanpuisto 9, Esbo.

  • Where are Outotec offices?

    Outotec has offices in Esbo, Englewood, Frenchs Forest, Itabirito and in 28 other locations.

  • How many offices does Outotec have?

    Outotec has 32 offices.