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Metso Oyj (MEO1V.HE)

MEO1V.HE on Helsinki Stock Exchange

24.81EUR
29 Jul 2016
Change (% chg)

€0.20 (+0.81%)
Prev Close
€24.61
Open
€24.64
Day's High
€24.89
Day's Low
€24.64
Volume
545,137
Avg. Vol
581,850
52-wk High
€25.75
52-wk Low
€17.31

Latest Key Developments (Source: Significant Developments)

Metso shares rise after Q2 report
Thursday, 21 Jul 2016 02:33am EDT 

Metso Oyj :Shares rise 7.7 percent after Q2 report.  Full Article

Metso Q2 adjusted EBITA EUR 77 million, beats expectations
Thursday, 21 Jul 2016 02:02am EDT 

Metso Oyj : Q2 new orders 761 million euros ($839.08 million) versus 752 million euros in Reuters poll . Q2 net sales 671 million euros versus 683 million euros in Reuters poll . Q2 adjusted EBITA 77 million euros versus 71.0 million euros in Reuters poll . Expects to invoice about 1.0 billion during remainder of 2016 . Overall trading conditions in 2016 will be somewhat weaker compared to 2015 . Says demand remains weak for mining equipment and satisfactory for mining services . Says restructuring costs are expected to be higher than in 2015 . Net financial costs are expected to be on same level as in 2015 .Says mining equipment market seems to have stabilized.  Full Article

Metso divests head office property
Tuesday, 12 Jul 2016 05:05am EDT 

Metso Oyj : Divests its head office property . Property is located at Fabianinkatu 9, Helsinki, Finland .Sells property to Genesta's Nordic Property Fund for debt-free price of 19.6 million euros ($21.78 million).  Full Article

Metso to continue exclusive Lokotrack distributor agreement with Garriock Bros
Tuesday, 28 Jun 2016 02:48am EDT 

Metso Oyj :To continue exclusive Lokotrack distributor agreement with Garriock Bros in UK.  Full Article

Moody's- EMEA manufacturing profits to grow by up to 8%
Wednesday, 8 Jun 2016 04:49am EDT 

Moody's : Emea Manafacturing profits to grow by up to 8% as restructuring and cost-cutting pay off . Forecasts operating profitability growth for EMEA manufacturers of nearly 8% in 2016 and 5% in 2017 . Changed its outlook on the EMEA manufacturing sector to stable from negative, reflecting companies' higher operating profits . Weaker economic growth prospects in emerging markets pose a downside risk to companies in the short term . Slowdown in chinese growth could cause sales, revenues to decline for EMEA manufacturing in near term owing to declining chinese demand .Expects that emerging markets' growth will stabilise into 2017.  Full Article

Metso wins services contract in North America worth EUR 27 mln
Tuesday, 3 May 2016 04:02am EDT 

Metso Oyj:Says is awarded long-term strategic services contract in North America.Says total contract value is approximately EUR 27 million.Metso will provide Tata Chemicals with a full-service, custom solution for its North American manufacturing facility.The contract covers the rebuilding of 19 existing pyro-processing units over the contract period, which includes the supply of installation labor, training for site personnel, and full-time Metso experts on-site to oversee the execution of the work.  Full Article

Metso Oyj opens service center in Poland
Thursday, 28 Apr 2016 06:05am EDT 

Metso Oyj:Says has opened a new service center specialized in process valve and field equipment solutions in Poland.Says center services pulp and paper, refinery and petrochemical industry customers with services, shutdowns and long-term maintenance programs.  Full Article

Metso Oyj delivers crushing and screening plant in Senegal
Thursday, 24 Mar 2016 03:02am EDT 

Metso Oyj:Metso is awarded a contract with Gécamines for a full crushing and screening plant delivery in Senegal.Says ‍order was booked at end of Q4 2015, amount is not disclosed​.  Full Article

Metso Oyj ‍expands distributor agreement with Russia's Sever Minerals​
Wednesday, 9 Mar 2016 06:00am EST 

Metso Oyj:Says ‍expands distributor agreement with Russian Sever Minerals​.Says new agreement expands distribution of aggregates equipment, spare parts and wear parts to a wider area of the Russian territory.  Full Article

Metso proposes dividend of EUR 1.05 per share for 2015
Thursday, 4 Feb 2016 02:01am EST 

Metso Oyj:Proposes a dividend of 1.05 euro per share for 2015.For 2014 paid ordinary dividend of 1.05 euro and extra dividend of 0.40 euro.  Full Article

UPDATE 1-Finland's Metso profit and orders hit by mining slump

* Metso shares fall 6 percent following results (Adds analyst comment, share reaction)