Outokumpu OYJ (OUTFF) Q4 2023 Earnings Call Transcript

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Outokumpu OYJ (OTCPK:OUTFF) Q4 2023 Results Conference Call February 8, 2024 8:00 AM ET

Company Participants

Linda Hakkila – Head of Investor Relations

Heikki Malinen – President & CEO

Pia Alexandra Aaltonen-Forsell – Chief Financial Officer

Conference Call Participants

Ioannis Masvoulas – Morgan Stanley

Anssi Raussi – SEB

Tristan Gresser – BNP Paribas Exane

Patrick Mann – Bank of America

Maxime Kogge – ODDO BHF

Bastian Synagowitz – Deutsche Bank.

Moses Ola – JP Morgan

Linda Hakkila

Hello, all, and welcome to Outokumpu’s Full-Year 2023 Results Webcast. My name is Linda Hakkila, and I’m the Head of Investor Relations here at Outokumpu. With me today as our main speakers, we have our CEO, Heikki Malinen; and our CFO, Pia Aaltonen-Forsell.

Year 2023 was good for us. We delivered a strong cash flow and kept our balance sheet strong. Today, as per usual, we will first present to you some slides. And after that, we are happy to answer your questions. Before we continue with the presentation, I would like to remind you about the disclaimer as we might be making forward-looking statements.

But now without any further comments, I would like to hand over to our CEO.

Heikki Malinen

Thank you, Linda. Good afternoon, good morning to everybody. Welcome also on my behalf to Outokumpu’s 2023 and Q4 webcast. Great to have so many of you join us today.

Well, as Linda said, 2023 was a good year for Outokumpu. We made a lot of progress on many fronts in terms of executing our ambitious strategy. And today, I’m really pleased to share with you the main sort of conclusions and outcomes of all the work we did in the Outokumpu team.

Obviously, we know all that we are living through fairly turbulent times in history, but in spite of this volatility

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