# Outokumpu - Jatkuvaa vuoristorataa vai vakavasti otettava sijoituskohde?

**URL:** https://forum.inderes.com/t/outokumpu-jatkuvaa-vuoristorataa-vai-vakavasti-otettava-sijoituskohde/621
**Category:** Osakkeet
**Tags:** outokumpu
**Created:** [Lokakuu 24, 2018, 3.33pm UTC](https://forum.inderes.com/t/outokumpu-jatkuvaa-vuoristorataa-vai-vakavasti-otettava-sijoituskohde/621 "2018-10-24T15:33:44Z")
**Posts on this page:** 1
**Showing post:** 4015

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### Author: ![Opa](https://forum.inderes.com/user_avatar/forum.inderes.com/opa/32/29105_2.png) [@Opa](https://forum.inderes.com/u/Opa)
#### Post date: [Lokakuu 9, 2026, 11.56am UTC](https://forum.inderes.com/t/outokumpu-jatkuvaa-vuoristorataa-vai-vakavasti-otettava-sijoituskohde/621/4015 "2026-10-09T11:56:19Z")

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Aperam kertoo, että 3Q käyttökate jää alle 2Q:n, ja vähän päälle vs 1Q.  
Energiakulut painavat, ja volyymi tasoittunut, Euroopan kysynnän jatkuessa aneemisena

> published a pre-quiet-period operational update for Q3 2026, confirming that adjusted EBITDA for the quarter is expected to land below the €130 million reported in Q2, though slightly above the €90 million recorded in Q1, with the company-compiled analyst consensus sitting at €113 million.

> Compounding the earnings pressure, Aperam flagged that higher energy costs are expected to reduce EBITDA by approximately €20 million per quarter, and that no additional support from valuation effects is anticipated in Q3.

> The company also noted that a significant portion of the demand pull-forward that benefited H1 2026 — driven by customers front-loading orders ahead of EU trade protection measures that took effect on July 1 — has already been absorbed, leaving Q3 with limited incremental benefit from that tailwind.

[https://www.investing.com/news/stock-market-news/why-is-aperam-stock-falling-today-93CH-4933754](https://www.investing.com/news/stock-market-news/why-is-aperam-stock-falling-today-93CH-4933754)

[https://www.investing.com/news/stock-market-news/aperam-sees-q3-ebitda-below-q2-as-weak-europe-energy-costs-weigh-4933412](https://www.investing.com/news/stock-market-news/aperam-sees-q3-ebitda-below-q2-as-weak-europe-energy-costs-weigh-4933412)

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