JP Morgan’s views on the European trio.
More details via the Investing link.
I am also including the short version from KL.
Outokumpu: €6.5 & Overweight.
2027 Ebitda €571m (vs €545m Bloomberg consensus)
The bank forecast stainless steel EBITDA growth exceeding 50% across all three companies in 2026 versus 2025, accelerating to more than 100% in 2027, which it said was superior to European carbon steel peers facing decarbonisation capital expenditure tied to electric arc furnace transitions.
Outokumpu on the move – JPMorgan positive Outokumpu vauhdissa – JPMorgan positiivisena | Kauppalehti