Antti Kansanen's questions to Outotec (OUKPY) leadership • Q3 2023
Question
Asked a range of questions covering Minerals consumables pricing and volume, U.S. Aggregates dealer inventory levels, the cyclicality of Aggregates profitability and its margin potential in a weaker market, and potential seasonality in Minerals orders.
Answer
Executives stated that the Minerals consumables decline was volume-based, U.S. dealer inventories are high, and the Aggregates business is now structurally more resilient to downturns. They downplayed strong seasonality for large Minerals orders but acknowledged some potential for it in Q1 services.