Metso Corporation's stock exchange release on November 22, 2011 at 10:05 a.m. local time
Metso is hosting a Capital Markets Day today, November 22, in London, UK. The event will feature management presentations covering areas such as Metso Group's strategy, financial update including pro forma financials according to the new segment structure, and strategy updates of the Mining and Construction, Automation, and Pulp, Paper and Power segments.
The main message of the Capital Markets Day is that Metso is fit for the future and aims to leverage its strong global position to drive profitable growth and shareholder value.
Assessment of the development for 2012
Today Metso's management is publishing an assessment of Metso Group's development for 2012 as follows:
Based on the assumption that our current relatively healthy demand from our customer industries will not be materially weakened by the financial turmoil in Europe or by any other similar development, we estimate that:
Our net sales for 2012 will increase compared to 2011
Our result (EBITA before non-recurring items) for 2012 will increase compared to 2011
Metso's Capital Markets Day will begin at 9:00 a.m. GMT. Presentation materials will be published at www.metso.com/investors. The website will also feature an on-demand webcast of the event later today.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries. www.metso.com
For further information, please contact:
Harri Nikunen, CFO, Metso Corporation, tel. +358 20 484 3010
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel. +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Metso Corporation via Thomson Reuters ONE