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4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Outokumpu Oyj    OUT1V   FI0009002422

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Outokumpu : publishes a new edition of the Corrosion Handbook

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11/10/2009 | 08:35am CEST



PRESS RELEASE
November 10, 2009 at 9.30 EET


Today, a new edition of the Outokumpu Corrosion Handbook for the
stainless steel market is published. The handbook, published for the
first time in 1934, is an important tool for corrosion engineers,
metallurgists, designers and other specialists when looking for
solutions for corrosion problems and selecting the correct stainless
steel grade for a certain application.

The handbook addresses corrosion with extensive articles and
technical descriptions covering different industrial sectors. The
content is based on the thorough and long-term research and
development carried out in Outokumpu's research centres.

The need for the updated handbook derives from the rapid growth of
low-nickel stainless steel and the rich variety of new products and
applications. In this 10th edition, a special focus is on industries
with demanding applications such as desalination, pulp and paper and
oil and gas industry. New topics discussed are stainless steels in
food processing, catering and household appliances, stainless steels
in soil, in road environments and in swimming pool buildings, as well
as stainless steels as concrete reinforcement.

Each year, corrosion damages cause significant financial losses for
companies and societies throughout the world. Stainless steel is
corrosion resistant, strong, hygienic and fully recyclable. These
properties make it an ideal choice for a variety of industrial and
consumer applications. Several life-cycle studies indicate that in
many applications, the total cost of stainless steel is lower than
that of competing materials, since stainless steel hardly needs any
maintenance.

For more information, please contact:
Arne Bergquist, Research Engineer Avesta Research Centre, tel +46 226
812 42, mobile +46 70 348 17 05, e-mail: arne.bergquist@outokumpu.com



Outokumpu is a global leader in stainless steel. Our vision is to be
the undisputed number one in stainless, with success based on
operational excellence. Customers in a wide range of industries use
our stainless steel and services worldwide. Being fully recyclable,
maintenance-free, as well as very strong and durable material,
stainless steel is one of the key building blocks for sustainable
future. Outokumpu operates in some 30 countries and employs some 8
000 people. The Group's head office is located in Espoo, Finland.
Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988.
www.outokumpu.com


This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/3010/R/1353803/327987.pdf


Copyright © Hugin AS 2009. All rights reserved.
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Financials (€)
Sales 2016 5 712 M
EBIT 2016 47,0 M
Net income 2016 -55,8 M
Debt 2016 1 502 M
Yield 2016 0,06%
P/E ratio 2016 -
P/E ratio 2017 16,70
EV / Sales 2016 0,70x
EV / Sales 2017 0,61x
Capitalization 2 486 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 5,47 €
Spread / Average Target -8,4%
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NameTitle
Roeland Ijsbrand Baan President & Chief Executive Officer
Jorma Jaakko Ollila Chairman
Christoph de la Camp Chief Financial Officer
Pekka Erkkilä Chief Technology Officer & EVP
Olli Vaartimo Vice Chairman
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