- Transparent, clear, proactive and up-to-date information
- Consistent level of information on both positive and negative issues
- Equal treatment of all shareholders
- Commitment of top management and dedicated IR team
- To provide accurate and relevant information to the capital market for the fair valuation of Outokumpu
- To secure investors' confidence and shareholder value
Outokumpu applies a 30-day silent period before full-year and interim result announcements. During those periods we do not meet with capital market representatives nor comment on result forecasts.
Dialogue with the markets
Outokumpu’s share is a so-called people’s share in Finland, with households and private persons owning more than a quarter of the shares outstanding. The largest shareholder Solidium Oy, an investment company owned by the Finnish state, reduced its ownership in Outokumpu during the year and owned at the year-end 15.5% of the shares outstanding. The share of international institutions increased to 31.7% in 2021.
Outokumpu continued the regular and active communication with the investors and analysts throughout 2021. One of the key topics we discussed with the investor community has been the strong COVID-19 rebound and exceptionally favourable market environment, including the strong demand for stainless steel and increased prices. Other key topics in the discussions have been the progress of our strategy execution, directed share issue completed in May 2021, topics related to the balance sheet, capital allocation, Asian imports and trade defense measures.
Due to the ongoing and prolonged COVID-19 pandemic, almost all meetings and road shows were virtual, as was the Capital Markets update held in May 2021. Outokumpu also held its Annual General Meeting in its headquarters in Helsinki, Finland in March under special arrangements. During the year, Outokumpu arranged eight virtual roadshows in Europe and in the US and met investors at three virtual industry seminars and conferences. In total, 72 one-on-one meetings and conference calls were held with our investors during the year.
Updated March 4, 2022.