Outokumpu interim report January-March 2022: Another strong quarter, adjusted EBITDA amounting to EUR 377 million
Our mills have been running at full capacity and our adjusted EBITDA reached EUR 377 million.
- Our mills have been running at full capacity and our adjusted EBITDA reached EUR 377 million.
- We diligently continued to de-risk, and we were able to reduce our net debt to EUR 294 million.
- We made disciplined progress in our strategy execution and have now reached a cumulative EBITDA run-rate improvement of EUR 237 million, very close to reaching our EUR 250 million target.
- Adjusted EBITDA in the second quarter of 2022 is expected to be higher compared to the first quarter.