Outokumpu Oyj reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was EUR 1,513 million compared to EUR 1,895 million a year ago. Net loss was EUR 242 million compared to net income of EUR 315 million a year ago. Basic loss per share from continuing operations was EUR 0.56 compared to basic earnings per share from continuing operations of EUR 0.69 a year ago. Basic loss per share was EUR 0.56 compared to basic earnings per share of EUR 0.7 a year ago.
For the full year, sales was EUR 6,961 million compared to EUR 9,494 million a year ago. Net loss was EUR 106 million compared to net income of EUR 1,140 million a year ago. Basic loss per share from continuing operations was EUR 0.26 compared to basic earnings per share from continuing operations of EUR 2.4 a year ago. Basic loss per share was EUR 0.24 compared to basic earnings per share of EUR 2.52 a year ago.