Outokumpu (OUT1V) - OVERVIEW



Last update 04/05/2018
Q2 2018 E
 Number of EstimatesHighestConsensusMedianLowest
Group stainless steel deliveries 648.2 644.2 644.0 638.0 
Sales 12 1,866.00 1,695.68 1,664.00 1,609.00 
Adjusted EBITDA 12 142.00 134.53 135.00 123.00 
Depreciation & Amortisation 12 -50.00 -54.42 -54.00 -68.86 
EBIT reported 12 89.00 80.32 82.24 65.53 
Adjustments to EBIT 12 2.50 0.21 0.00 0.00 
Adjusted EBIT 12 89.00 80.11 80.99 65.53 
Net financials 12 -16.55 -21.09 -20.50 -26.72 
Result before taxes reported 12 69.16 59.23 60.50 38.81 
Adjusted result before taxes 12 69.16 59.03 60.00 38.81 
Net income attributable to shareholders (cont operations) 12 61.00 49.23 52.65 31.04 
Adjusted net income attributable to shareholders 12 61.00 49.02 51.40 31.04 
Average number of shares (in Mio) 12 412.81 412.79 412.81 412.67 
EPS reported based on cont operations (in Euro) 12 0.15 0.12 0.13 0.08 
Adjusted EPS (in Euro) 12 0.15 0.12 0.12 0.08 
Dividend per share (in Euro) 
 
FY 2018 E
 Number of EstimatesHighestConsensusMedianLowest
Group stainless steel deliveries 2,574.2 2,536.8 2,534.0 2,491.8 
Sales 14 7,336.78 6,627.85 6,626.00 6,364.00 
Adjusted EBITDA 14 592.00 528.18 529.80 477.00 
Depreciation & Amortisation 14 -193.00 -214.85 -213.00 -247.94 
EBIT reported 14 391.00 322.76 321.66 275.00 
Adjustments to EBIT 14 19.00 9.39 8.00 8.00 
Adjusted EBIT 14 383.00 313.37 313.50 267.00 
Net financials 14 -67.95 -83.46 -81.00 -102.74 
Result before taxes reported 14 310.00 239.30 234.89 189.00 
Adjusted result before taxes 14 302.00 229.91 226.89 181.00 
Net income attributable to shareholders (cont operations) 14 689.00 226.30 187.25 144.00 
Adjusted net income attributable to shareholders 14 681.00 216.90 179.25 136.00 
Average number of shares (in Mio) 14 412.81 412.79 412.81 412.67 
EPS reported based on cont operations (in Euro) 14 1.67 0.55 0.45 0.35 
Adjusted EPS (in Euro) 14 1.65 0.53 0.43 0.33 
Dividend per share (in Euro) 14 0.30 0.23 0.25 0.13 
Return on Capital Employed 8.2 6.8 7.2 5.3 
Operating Cash Flow 14 561.80 364.29 350.43 285.00 
Capex 14 -168.70 -203.04 -200.50 -231.00 
Free Cash Flow 14 361.80 161.25 154.76 78.00 
Net financial debt 13 1,113.0 1,014.2 1,021.0 873.3 
 
FY 2019 E
 Number of EstimatesHighestConsensusMedianLowest
Group stainless steel deliveries 2,683.5 2,592.1 2,582.2 2,526.3 
Sales 14 7,262.28 6,806.73 6,856.00 6,393.00 
Adjusted EBITDA 14 728.00 611.32 596.54 525.00 
Depreciation & Amortisation 14 -186.00 -217.64 -216.50 -273.00 
EBIT reported 14 504.00 394.42 387.17 305.00 
Adjustments to EBIT 14 10.28 0.73 0.00 0.00 
Adjusted EBIT 14 504.00 393.68 385.37 305.00 
Net financials 14 -42.00 -72.59 -70.00 -107.69 
Result before taxes reported 14 439.00 321.83 316.34 235.00 
Adjusted result before taxes 14 439.00 321.10 312.00 235.00 
Net income attributable to shareholders (cont operations) 14 356.00 262.14 261.92 173.38 
Adjusted net income attributable to shareholders 14 356.00 261.41 261.92 173.38 
Average number of shares (in Mio) 14 412.81 412.79 412.81 412.67 
EPS reported based on cont operations (in Euro) 14 0.86 0.63 0.63 0.42 
Adjusted EPS (in Euro) 14 0.86 0.63 0.63 0.42 
Dividend per share (in Euro) 14 0.32 0.24 0.25 0.12 
Return on Capital Employed 11.2 8.2 7.9 4.9 
Operating Cash Flow 14 650.00 480.08 485.94 371.00 
Capex 14 -152.74 -208.02 -215.50 -226.00 
Free Cash Flow 14 460.00 272.06 272.94 151.00 
Net financial debt 13 1,242.0 872.6 898.0 644.8 
 
FY 2020 E
 Number of EstimatesHighestConsensusMedianLowest
Group stainless steel deliveries 2,692.9 2,617.4 2,628.0 2,526.3 
Sales 13 7,525.51 6,890.43 6,852.00 6,238.00 
Adjusted EBITDA 13 804.00 660.35 648.74 555.00 
Depreciation & Amortisation 13 -186.00 -217.27 -215.99 -280.80 
EBIT reported 13 584.00 443.90 456.00 335.00 
Adjustments to EBIT 13 10.61 0.82 0.00 0.00 
Adjusted EBIT 13 584.00 443.08 456.00 335.00 
Net financials 13 -37.00 -62.46 -61.00 -96.58 
Result before taxes reported 13 546.00 381.44 397.63 290.00 
Adjusted result before taxes 13 546.00 380.63 397.63 290.00 
Net income attributable to shareholders (cont operations) 13 442.00 308.04 318.11 206.41 
Adjusted net income attributable to shareholders 13 442.00 307.23 318.11 206.41 
Average number of shares (in Mio) 13 412.81 412.79 412.81 412.67 
EPS reported based on cont operations (in Euro) 13 1.07 0.75 0.77 0.50 
Adjusted EPS (in Euro) 13 1.07 0.74 0.77 0.50 
Dividend per share (in Euro) 13 0.34 0.26 0.25 0.15 
Return on Capital Employed 12.7 9.7 9.6 5.5 
Operating Cash Flow 13 702.00 529.50 534.10 400.39 
Capex 13 -157.42 -208.15 -210.00 -263.00 
Free Cash Flow 13 522.00 321.35 324.10 174.00 
Net financial debt 12 1,243.0 651.1 646.1 260.0 
 
 
Last update on 09/05/2018
The earnings estimates of the following institutions were included in the above figures:
BoA Merrill Lynch, Citigroup, Credit Suisse, Danske Markets, Deutsche Bank, Handelsbanken, Inderes, J.P. Morgan Cazenove, Jefferies, Kepler Cheuvreux, Nordea Markets, OP Corporate Bank, Pareto Securities, SEB Enskilda
 
Disclaimer
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.

file data build at 2018-05-27 03:06:53