Metso Oyj Confirms FY 2013 Guidance
Metso Oyj announced that based on the current economic situation, market outlook, and order backlog for the fiscal year 2013, as well as foreign exchange rates remaining similar to those the end of March 2013, it estimates that in fiscal year 2013 its EBITA before non-recurring items will be at approximately fiscal year 2012 levels and its fiscal year 2013 net sales at fiscal year 2012 level or slightly below. The Company reported fiscal year 2012 net sales (revenue) of EUR 7,504 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 net sales of EUR 7,247.84 million.
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