OUTOKUMPU – FINANCIAL RESULTS STILL UNSATISFACTORY – BUT POSITIVE OPERATING CASH FLOW OF EUR 124 MILLION
Developments in the third quarter 2013 In line with management expectations, Outokumpu posted higher underlying EBIT losses of EUR -126 million versus EUR -80 million in the second quarter 2013. On a positive note, operating cash flow was positive at EUR 124 million driven by working capital release. Good progress in synergies, cost saving programs …