This is Outotec

In line with our mission targeting the sustainable use of Earth’s natural resources, we develop and deliver resource-efficient technology and service solutions for processing minerals and metals, for water treatment, and for producing energy from biomass and wastes.

Outotec’s unique position at the forefront of the mineral processing and metallurgical industry is founded on a century of scientific knowledge and operational experience, which have resulted in a wide range of applications, particularly for processing virtually all types of ores and minerals. The innovative research done at our in-house R&D centers and our continuous development work realized together with our customers have made us the leading developer of technology in our field.

Outotec’s product portfolio includes hundreds of various plant concepts, processes, and pieces of equipment that are marketed under the Outotec brand. In addition, Outotec has a variety of service products related to the maintenance and upgrade of the equipment and plants delivered by Outotec. None of Outotec products or services are banned in any markets.

Our customers are large global mining companies, small and medium-sized mining, metallurgical and energy companies in developed countries as well as local mining and metallurgical companies in emerging regions. Customers are investing either in new processing plants or modernizing their existing plants to increase the profitability of their operations, improve their resource efficiency, or reduce their emissions, energy consumption or fresh water use. We can deliver an entire process or plant, or a single piece of equipment, with related engineering, sourcing, commissioning, training and life-cycle services.

We sell products and services to over 80 countries through our market area network.  Europe, Middle East and North Africa (EMEA) is our largest market area in terms of sales and personnel.

 

Outotec, headquartered in Espoo, Finland, operates globally with offices in 36 countries. Major operations based on the number of employees are located in Finland, Germany, Australia, South Africa, Chile, Sweden and Brazil. Local customer centers provide full support for our customers’ businesses – both in the everyday running of their operations and when they make new investments. In addition, we use sales agents in countries where we do not have established presence. Our two reporting segments – Minerals Processing; and Metals, Energy & Water – are dedicated to the creation of sustainable technology solutions and life-cycle services for our customers. As of April 2017, a new Services organization was established to focus on developing our service offering and competences as well as delivering services for our customers.

Outotec has been listed on the NASDAQ Helsinki since 2006, and the company was rated in the Mid Cap category in 2017. The company's market capitalization at the end of 2017 was EUR 1,300 million. Outotec’s total capitalization was EUR 470 million, of which EUR 320 million was funded by equity and EUR 150 million by a hybrid bond. The parent company Outotec Oyj has 100% ownership of its subsidiaries. There were no major changes in Outotec’s company structure, the ownership, or supply chain during 2017.

Read about Outotec’s financial performance, legal entities and shareholders in our Financial Statements 2017.

Key figures

2017

2016

2015

Sales, EUR million

1,139

1,058

1,201

Adjusted operating profit*, EUR million

32

-23

56

Research and development expenses, EUR million

56

55

61

Priority applications

38

57

93

Number of employees 

4,146

4,192

4,859

Wages and salaries, EUR million

326

329

353

Employee engagement index, %

60

42

56

Lost time injury rate (LTIR) per 1 million work hours

1.7

1.8

2.8

Share of environmental goods and services in order intake, %

88

90

90

Total energy consumption, TJ

160

166

165

Total GHG emissions, tonnes of CO2e per EUR 1 million sales

 24

 27**

 30**

GHG emissions avoided by using Outotec technologies, thousand tonnes of CO2e

6,218

5,870

5,469

*) excluding restructuring and acquisition-related costs and purchase prize allocation amortizations
**) restated figure