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Outotec Oyj (OTE1V.HE)

OTE1V.HE on Helsinki Stock Exchange

8.40EUR
18 May 2018
Change (% chg)

€0.16 (+1.97%)
Prev Close
€8.24
Open
€8.20
Day's High
€8.53
Day's Low
€8.17
Volume
912,775
Avg. Vol
1,004,084
52-wk High
€8.53
52-wk Low
€5.31

Latest Key Developments (Source: Significant Developments)

Outotec Says Potential Reduction Of Up To 40 Employees In Finland
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::OUTOTEC STARTS EMPLOYEE COOPERATION NEGOTIATIONS IN FINLAND.EFFECTS OF CONSIDERED RESTRUCTURING ON DIFFERENT LOCATIONS WILL BE DETERMINED BY MID-JUNE 2018.RESTRUCTURING MAY LEAD TO REDUCTION OF MAXIMUM 40 PERMANENT EMPLOYEES IN FINLAND.WILL START EMPLOYEE COOPERATION NEGOTIATIONS ABOUT RESTRUCTURING WITH ENTIRE PERSONNEL IN FINLAND.  Full Article

Finland's Outotec Plans Cost Cuts, May Reduce Around 200 Jobs
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::SAYS SIMPLIFIES ITS ORGANIZATION AND PROCESSES TO ACCELERATE BUSINESS GROWTH.SAYS PLANNED STRUCTURAL CHANGES MAY LEAD TO REDUCTION OF APPROXIMATELY 200 POSITIONS GLOBALLY.SAYS IMPACT OF SIMPLIFICATION ON OUTOTEC'S COST STRUCTURE IS ESTIMATED TO BE APPROXIMATELY EUR 25 MILLION.SAYS RELATED RESTRUCTURING COSTS ARE ESTIMATED TO BE EUR 12 MILLION.  Full Article

Outotec Q1 Order Intake, EBIT Below Expectations
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::Q1 ORDER INTAKE EUR 333.8 MILLION (REUTERS POLL: EUR 342 MILLION).Q1 SALES EUR 287.1 MILLION (REUTERS POLL: EUR 283 MILLION).Q1 EBIT EUR 5.4 MLN.METALS, ENERGY & WATER SEGMENT IMPROVED SLIGHTLY, BUT REMAINED UNPROFITABLE..FINANCIAL GUIDANCE FOR 2018 REITERATED.MINERALS PROCESSING SEGMENT CONTINUED TO IMPROVE ITS PROFITABILITY.  Full Article

Outotec Outsourced Some Project Engineering Activities To Citec
Wednesday, 4 Apr 2018 

April 4 (Reuters) - OUTOTEC OYJ ::OUTOTEC OUTSOURCED SOME PROJECT ENGINEERING ACTIVITIES TO CITEC.OUTOTEC HAS FINALIZED NEGOTIATIONS WITH EMPLOYEE REPRESENTATIVES.AS A RESULT OF NEGOTIATIONS, 59 OUTOTEC EMPLOYEES HAVE TRANSFERRED TO CITEC AS OF APRIL 1, 2018.OUTSOURCING WILL NOT HAVE AN IMPACT ON OUTOTEC'S FINANCIAL GUIDANCE FOR 2018.  Full Article

Sotkamo Silver: Value Of Agreement With Outotec At EUR 2 Million
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Sotkamo Silver Ab ::SOTKAMO SILVER: AGREEMENT ON MILL DELIVERY - THE VALUE OF THE AGREEMENTS IS ABOUT 2 MILLION EURO (SUPPLEMENT RELEASE).‍VALUE OF AGREEMENTS IS ABOUT 2 MILLION EURO.​.‍ENTERED INTO AGREEMENT WITH OUTOTEC ON DELIVERY OF A GRINDING MILL CIRCUIT TO SILVER MINE PROJECT​.  Full Article

Sotkamo Silver Enters Into Agreement With Outotec
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Sotkamo Silver Ab ::SOTKAMO SILVER CONTINUES TO INVEST IN THE SILVER MINE - AGREEMENT ON MILL DELIVERY.SOTKAMO SILVER HAS ENTERED INTO AN AGREEMENT WITH OUTOTEC OY ON DELIVERY OF A GRINDING MILL CIRCUIT.‍ACCORDING TO AGREEMENT, BOTH MILLS IN GRINDING CIRCUIT WILL BE DELIVERED DURING AUTUMN 2018​.  Full Article

Outotec Awarded Contract In Turkey​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER MINERALS PROCESSING TECHNOLOGY TO TURKEY.‍CONTRACT VALUE BOOKED IN OUTOTEC'S 2017 Q4 ORDER INTAKE IS APPROXIMATELY EUR 13 MILLION.​.‍OUTOTEC'S DELIVERIES WILL START IN FIRST HALF OF 2018.​.  Full Article

Outotec Gets Order From The Democratic Republic Of Congo
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - OUTOTEC OYJ ::OUTOTEC TO DELIVER COPPER AND COBALT TECHNOLOGY FOR SHALINA RESOURCES IN THE DEMOCRATIC REPUBLIC OF CONGO.‍ORDER VALUE IS APPROXIMATELY EUR 65 MILLION​.OUTOTEC'S DELIVERIES WILL TAKE PLACE DURING 2018.  Full Article

Outotec Gets Order From Australia
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - OUTOTEC OYJ ::OUTOTEC TO DELIVER MINERALS PROCESSING EQUIPMENT TO AUSTRALIA.‍CONTRACT VALUE BOOKED IN OUTOTEC'S 2017 Q4 ORDER INTAKE IS APPROXIMATELY EUR 17 MILLION​.‍DELIVERIES WILL TAKE PLACE DURING 2018​.DELIVERIES WILL TAKE PLACE DURING 2018.  Full Article

Outotec Awarded Contract In Poland
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER ZINC ELECTROWINNING TECHNOLOGY TO ZGH BOLESLAW IN POLAND.‍CONTRACT VALUE BOOKED IN OUTOTEC'S 2017 Q4 ORDER INTAKE IS APPROXIMATELY EUR 10 MILLION​.‍DELIVERIES WILL TAKE PLACE IN SECOND HALF OF 2018​.  Full Article

FACTBOX-Company deals at risk from U.S. sanctions on Iran

May 18 French gas and power group Engie , Polish gas firm PGNiG and German lender DZ Bank were the latest companies on Friday to say that their business dealings with Iran would be affected by the re-imposition of U.S. sanctions.