News and Events

Today Ovako announced its result for the third quarter 2017. EBITDA before restructuring costs improved to EUR 9 (5) million. Sales volume during the quarter amounted to 162 kton, 11 percent higher than previous year. Order intake increased by 14 percent, while the order book was more than 50 percent higher compared to corresponding time last year. Cash flow from operating activities improved from EUR 3 to 14 million. Ovako’s restructuring program has delivered savings of EUR 4 million during the quarter.

On Wednesday 25 October 2017, at 08:00 CET, Ovako Group AB will publish its third quarter 2017 report. Financial analysts and investors in Ovako's senior…

Ovako today announced that Oskari Eskola is at his own request resigning his seat as a director on Ovako’s board due to leaving his employment with…

This week at the Euromat 2017 congress, Ovako has introduced a new innovative steel family that challenges traditional steel categorizations – Hybrid Steel. It offers properties of tool steel, maraging steel and stainless steel, combined with the production economy of engineering steel. It is set to enable customers to achieve exceptional performance and help reduce production costs.

In order to refinance Ovako AB (publ)’s (“Ovako”) existing EUR 300 million 6.5 per cent senior secured notes, due 2019, Ovako has given…

Erik Bohman has been appointed as the new Business Unit President of Ovako Hällefors. Erik has worked at Ovako since 2011, most recently in charge of…

Today Ovako announced its result for the second quarter 2017. EBITDA before restructuring costs improved to EUR 30 (28) million and order intake increased by 15 percent compared to previous year. Ovako’s restructuring program has delivered savings of EUR 5 million during the quarter.

On Friday 14 July 2017, at 08:00 CET, Ovako AB (publ) will publish its second quarter 2017 report. Financial analysts and investors in Ovako's senior…