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Metso Oyj (METSO.HE)

METSO.HE on Helsinki Stock Exchange

30.26EUR
12:00pm EST
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€0.54 (+1.82%)
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€33.73
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Latest Key Developments (Source: Significant Developments)

Metso haul truck solution chosen by Julio and Julio
Tuesday, 7 Nov 2017 07:23am EST 

Nov 7 (Reuters) - METSO OYJ ::‍JULIO AND JULIO GROUP HAS CHOSEN METSO'S HAUL TRUCK SOLUTION.  Full Article

Metso Q3 EBITA adj. at EUR ‍43.0​ mln, below expectations
Friday, 20 Oct 2017 02:00am EDT 

Oct 20 (Reuters) - METSO OYJ :Q3 NET SALES EUR ‍673​ MILLION (REUTERS POLL: EUR 677 MILLION).Q3 EBITA ADJUSTED. EUR ‍43.0​ MILLION (REUTERS POLL: EUR 80.2 MILLION).Q3 NEW ORDERS EUR ‍817​ MILLION (REUTERS POLL: EUR 761 MILLION).‍MARKET CONDITIONS ARE EXPECTED TO REMAIN STABLE FOR MINERALS EQUIPMENT AND SERVICES​.‍MARKET CONDITIONS ARE EXPECTED TO REMAIN STABLE FOR FLOW CONTROL EQUIPMENT AND SERVICES​.‍"OUR PERFORMANCE DURING QUARTER WAS CLEARLY NOT SATISFACTORY" - CEO​.‍"ESPECIALLY DISAPPOINTING WAS THAT WE NEEDED TO BOOK 33 MILLION EUROS FOR COST OVERRUNS, WRITE-DOWNS RELATED TO MINING PROJECTS IN THE BACKLOG" - CEO.ORDER BACKLOG AT THE END OF SEPT. TOTALED EUR 1,491 MILLION (EUR 1,320 MILLION AT THE END OF 2016), OF WHICH AROUND EUR 650 MILLION IS EXPECTED TO BE DELIVERED IN 2017.  Full Article

Metso gets order in Russia
Tuesday, 10 Oct 2017 09:00am EDT 

Oct 10 (Reuters) - METSO OYJ ::PRESS RELEASE METSO WINS A SIGNIFICANT ORDER TO DELIVER A NEW MINERALS PROCESSING PLANT TO RUSSIA.METSO WINS A SIGNIFICANT ORDER TO DELIVER A NEW MINERALS PROCESSING PLANT TO RUSSIA.‍FIRST COMMINUTION LINE WILL BE DELIVERED AT END OF 2018 AND SECOND AROUND 2020​.‍ONCE OPERATIONAL, ESTIMATED PRODUCTION AT PLANT WILL BE 28 MILLION TONS OF COPPER ORE PER YEAR​.‍ESTIMATED PRODUCTION AT PLANT WILL BE 28 MILLION TONS OF COPPER ORE PER YEAR​.‍ORDER WAS BOOKED IN METSO'S 3RD QUARTER 2017 ORDERS RECEIVED​.  Full Article

Metso decides on new operating model effective from Jan. 1, 2018‍​
Monday, 25 Sep 2017 02:00am EDT 

Sept 25 (Reuters) - METSO OYJ :REG-METSO TO ACCELERATE ITS STRATEGY IMPLEMENTATION WITH A NEW OPERATING MODEL AND ORGANIZATION.METSO'S BOARD OF DIRECTORS HAS DECIDED ON THE GROUP'S NEW OPERATING MODEL AND ORGANIZATION, EFFECTIVE FROM JAN. 1, 2018‍​.  Full Article

Blackrock's aggregate holding in Metso exceeded 5 pct
Thursday, 21 Sep 2017 01:45am EDT 

Sept 21 (Reuters) - METSO OYJ :‍BLACKROCK, INC.'S AGGREGATE HOLDING IN METSO EXCEEDED 5 PERCENT THRESHOLD AND AMOUNTED TO 7,583,839 SHARES OR 5.04 PERCENT​.‍ON SEPTEMBER 19, 2017, BLACKROCK, INC.'S TOTAL POSITION IN METSO CORPORATION AMOUNTED TO 8,727,846 OR 5.80 PERCENT.  Full Article

Metso divides its minerals services into two business areas
Friday, 18 Aug 2017 03:00am EDT 

Aug 18 (Reuters) - METSO OYJ ::REG-METSO TO DIVIDE ITS MINERALS SERVICES INTO TWO BUSINESS AREAS.REG-METSO TO DIVIDE ITS MINERALS SERVICES INTO TWO BUSINESS AREAS.‍MINERALS SERVICES BUSINESS AREA WILL BE DIVIDED INTO TWO SEPARATE BUSINESS AREAS: MINERALS SERVICES AND MINERALS CONSUMABLES​.NEW ORGANIZATIONAL STRUCTURE WILL BECOME EFFECTIVE AT BEGINNING OF 2018.  Full Article

Metso Q2 EBITA adjusted EUR 70 mln, below expectations
Friday, 21 Jul 2017 02:00am EDT 

July 21 (Reuters) - METSO OYJ ::Q2 NEW ORDERS EUR ‍749​ MILLION (REUTERS POLL: EUR 761 MILLION).‍Q2 NET SALES EUR ‍675​ MILLION (REUTERS POLL: EUR 710 MILLION).Q2 EBITA ADJUSTED. EUR 70 MILLION (REUTERS POLL: EUR 84.4 MILLION).METSO OYJ - ‍OVERALL TRADING CONDITIONS IN 2017 ARE EXPECTED TO BE BETTER THAN IN 2016​." ‍MARKET SENTIMENT HAS TURNED SLIGHTLY BETTER IN OUR CUSTOMER INDUSTRIES DURING FIRST HALF OF YEAR"​.DEMAND FOR OUR PRODUCTS AND SERVICES IN 2017 IS EXPECTED TO DEVELOP AS FOLLOWS:​‍.IN 2017 IMPROVE TO SATISFACTORY FOR MINING EQUIPMENT (PREVIOUSLY: WEAK) AND REMAIN GOOD FOR MINING SERVICES​."‍SALES AND THUS PROFITABILITY WERE SLIGHTLY DISAPPOINTING BUT WE THINK THIS IS LARGELY RELATED TO TIMING"​.METSO OYJ - ‍2017 IS EXPECTED TO IMPROVE TO SATISFACTORY FOR MINING EQUIPMENT (PREVIOUSLY: WEAK)​.SAYS ‍MINERALS SUFFERED FROM LOW SALES IN MINING EQUIPMENT AS WELL AS HIGH RAW MATERIAL COSTS AND WEAK SALES MIX IN SERVICES BUSINESS.​.AT THE END OF JUNE 2017, OUR BACKLOG FOR 2017 TOTALED APPROXIMATELY EUR 1 BILLION.  Full Article

Metso Perttu Louhiluoto to leave company
Friday, 14 Jul 2017 02:30am EDT 

July 14 (Reuters) - METSO OYJ ::REG-TO LEAVE METSO.‍PERTTU LOUHILUOTO, PRESIDENT OF METSO'S MINERALS SERVICES BUSINESS AREA, WILL LEAVE METSO BY END OF 2017, AT LATEST.​.  Full Article

Metso signs three new Life Cycle Services contracts
Thursday, 6 Jul 2017 03:00am EDT 

July 6 (Reuters) - METSO OYJ ::METSO SIGNS THREE NEW LIFE CYCLE SERVICES CONTRACTS WITH MINING CUSTOMERS IN PACIFIC RIM.‍EQUIVALENT TO EUR 13.9 MILLION, NEW CONTRACTS HAVE BEEN BOOKED TO METSO'S Q1 2017 ORDERS RECEIVED.​.  Full Article

Metso invests eur 3.5 mln in crusher wear parts manufacturing in Africa
Tuesday, 27 Jun 2017 04:00am EDT 

June 27 (Reuters) - METSO OYJ :METSO INVESTING EUR 3.5 MILLION IN CRUSHER WEAR PARTS MANUFACTURING IN AFRICA TO MEET GROWING DEMAND FROM THE MINING INDUSTRY.METSO INVESTING EUR 3.5 MILLION IN CRUSHER WEAR PARTS MANUFACTURING IN AFRICA TO MEET GROWING DEMAND FROM THE MINING INDUSTRY.FIRST PRODUCT DELIVERIES FROM NEW FURNACE ARE SCHEDULED FOR MAY 2019.DURING RENOVATION PROJECT, PRODUCTION OF CASTINGS WILL CONTINUE AS USUAL IN EXISTING FACILITIES.  Full Article

BRIEF-Metso gets four major oil, gas valve orders from Chinese petrochemical customers

* METSO RECEIVES FOUR MAJOR OIL AND GAS VALVE ORDERS FROM CHINESE PETROCHEMICAL CUSTOMERS