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Metso Oyj (METSO.HE)

METSO.HE on Helsinki Stock Exchange

26.42EUR
7:14am EST
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Latest Key Developments (Source: Significant Developments)

Metso Signs Partnership Agreement With Quebec Iron Ore​
Monday, 5 Feb 2018 09:00am EST 

Feb 5 (Reuters) - METSO OYJ ::CHAMPION IRON SUBSIDIARY, QUEBEC IRON ORE, SIGNS A LONG-TERM STRATEGIC SERVICES PARTNERSHIP AGREEMENT WITH METSO.‍NEW CONTRACT IS SIGNED FOR A PERIOD OF THREE YEARS​.‍FIRST-YEAR VALUE OF ORDER WILL BE BOOKED IN METSO'S FIRST-QUARTER 2018 ORDERS RECEIVED.​.  Full Article

Metso Q4 Operating Profit (EBIT) at EUR 60 Million
Friday, 2 Feb 2018 02:00am EST 

Feb 2 (Reuters) - METSO OYJ ::‍PROPOSES A DIVIDEND OF EUR 1.05 PER SHARE (EUR 1.05) MARKET OUTLOOK​.‍MARKET CONDITIONS ARE EXPECTED REMAIN STABLE FOR MINERALS EQUIPMENT AND SERVICES​.‍MARKET CONDITIONS ARE EXPECTED REMAIN STABLE FOR FLOW CONTROL EQUIPMENT AND SERVICES​.Q4 OPERATING PROFIT (EBIT) TOTALED EUR 60 MILLION (EUR 44 MILLION).‍"DECLINE IN ORDERS OF MINERALS SEGMENT RESULTED MAINLY FROM MINING EQUIPMENT AND SERVICES"​.Q4 SALES INCREASED 5 PERCENT, OR 8 PERCENT IN CONSTANT CURRENCIES, TO EUR 710 MILLION (EUR 676 MILLION).‍DECLINE IN ORDERS WAS LARGELY DUE TO TIMING AND TIGHTER CONTROLS ON TERMS AND CONDITIONS.​.‍MINERALS SEGMENT FELL SHORT OF EXPECTATIONS DUE TO LOW DELIVERIES OF SERVICES​.‍PERFORMANCE OF MINERALS SEGMENT WAS FURTHER AFFECTED BY CONTINUED MARGIN PRESSURE IN CONSUMABLES​.EARNINGS PER SHARE TOTALED EUR 0.08 (EUR 0.17) AND WAS AFFECTED BY ONE-TIME TAX-RELATED ITEMS TOTALING EUR 29 MILLION.‍CONSTRAINTS IN BOTH INTERNAL AND EXTERNAL SUPPLY CHAIN, HAD AN IMPACT ON MINERALS PROFITABILITY.​.  Full Article

Metso Q4 Preliminary Adj. EBITA At EUR 64 Million
Monday, 15 Jan 2018 02:15am EST 

Jan 15 (Reuters) - METSO OYJ ::REG-PRELIMINARY INFORMATION ON METSO'S FOURTH QUARTER 2017 RESULTS - MINERALS' PROFITABILITY WEAKER THAN EXPECTED.‍Q4 2017 SALES ARE ESTIMATED TO TOTAL EUR 710 MILLION, REPRESENTING AN INCREASE OF 5 PERCENT FROM Q4/2016.​.‍PROFITABILITY OF MINERALS SEGMENT CAME IN WEAKER THAN EXPECTED​.Q4 ‍ADJUSTED EBITA IS ESTIMATED AT EUR 64 MILLION CORRESPONDING TO A MARGIN OF 9.1 PERCENT (Q4/2016: EUR 64 MILLION​.‍Q4 ORDERS RECEIVED ARE ESTIMATED AT EUR 684 MILLION (Q4/2016: EUR 672 MILLION).​.  Full Article

Basware Gets Order From Metso
Thursday, 21 Dec 2017 05:28am EST 

Dec 21 (Reuters) - Basware Oyj ::- BASWARE PROVIDES CLOUD-BASED INVOICE AUTOMATION FOR METSO.‍AGREEMENT COVERS BASWARE'S CLOUD-BASED P2P ACCOUNTS PAYABLE AUTOMATION​.  Full Article

Metso Awarded Contract For Project In Portugal
Thursday, 21 Dec 2017 04:07am EST 

Dec 21 (Reuters) - Metso Oyj ::- LUNDIN MINING AWARDS CONTRACT TO METSO FOR SOMINCOR ZINC EXPANSION PROJECT AT NEVES-CORVO MINE IN PORTUGAL.‍DELIVERY IS PLANNED FOR APRIL 2018​.  Full Article

Metso Gets Reassessment Decision From Finnish Tax Authority
Monday, 18 Dec 2017 07:25am EST 

Dec 18 (Reuters) - Metso Oyj ::REG-METSO HAS RECEIVED A REASSESSMENT DECISION FROM THE FINNISH TAX AUTHORITY.‍METSO MINERALS OY WILL RECOGNIZE AN INCOME TAX LIABILITY IN FULL AMOUNT OF EUR 21 MILLION IN 2017 RESULT​.‍FINNISH TAX AUTHORITY REQUESTED METSO MINERALS TO PAY ADDITIONAL TAXES, LATE PAYMENT INTEREST AND PENALTIES​.‍DECISION CONCERNS TRANSACTIONS BETWEEN METSO MINERALS OY AND ITS FOREIGN SUBSIDIARIES​.  Full Article

Metso President And CEO To Resign
Monday, 18 Dec 2017 02:00am EST 

Dec 18 (Reuters) - METSO OYJ ::REG-PRESIDENT AND CEO NICO DELVAUX TO ASSUME CEO POSITION OUTSIDE METSO.REG-PRESIDENT AND CEO NICO DELVAUX TO ASSUME CEO POSITION OUTSIDE METSO.‍METSO'S PRESIDENT AND CEO NICO DELVAUX HAS DECIDED TO RESIGN AND ASSUME POSITION OF PRESIDENT AND CEO OF ASSA ABLOY AB <<>>​.NICO DELVAUX WILL LEAVE HIS DUTIES IN METSO ON JUNE 18, 2018, AT LATEST​.  Full Article

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

UPDATE 2-Mining gear maker Metso warns on profit, shares drop

* Shares drop 10 pct (Adds comments, background, updates shares)