Outokumpu Oyj New (OUTFF) Q2 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Outokumpu Oyj.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.853 Good afternoon and welcome to Otokumpu's second quarter results presentation. 00:00:03.853 -- 00:00:06.835 I'm Johann, responsible for investor relations. 00:00:06.835 -- 00:00:12.279 We will start with the presentation from our CEO, Kati ter Horst, and our CFO, Marc-Simon 00:00:12.279 -- 00:00:16.581 Schaar. And after the presentation, you have the opportunity to ask questions over the 00:00:16.581 -- 00:00:19.845 lines. And with that, Kati, I hand over to you. 00:00:19.845 -- 00:00:24.948 Thank you so much, Johann. So welcome also from my side. 00:00:24.948 -- 00:00:28.530 And we will first, with Marc-Simon, cover the Q2 result. 00:00:28.530 -- 00:00:33.532 And then I will comment a little bit more in detail our very recent 00:00:33.532 -- 00:00:39.055 investment decision today. So if we start now with a result on Q2, 00:00:39.055 -- 00:00:44.498 profitability improved to 100 million euros from 65 million euros in Q1. 00:00:44.498 -- 00:00:50.801 And this improvement was mainly driven by the improvement in business area Europe. 00:00:51.089 -- 00:00:56.572 Business Area Americas continued its strong performance and we also saw Ferrochrome 00:00:56.572 -- 00:00:59.914 result further improve in the second quarter. 00:00:59.914 -- 00:01:04.538 Of course in Europe it's clearly that it's the regional measures in Europe, mainly CBAM 00:01:04.538 -- 00:01:09.821 and then also the steel safeguard measures that have supported the market. 00:01:09.821 -- 00:01:14.044 While we can say that in the US the market has been, and the demand on the market has 00:01:14.044 -- 00:01:19.147 been more robust, especially in the industrial segments, and for ferrochrome, 00:01:19.147 -- 00:01:23.969 especially our low-emission ferrochrome from Europe, in...