Metso Outotec
Metso Outotec was created through the combination of Metso Minerals and Outotec on June 30, 2020. We are a frontrunner in sustainable technologies, end-to-end solutions and services for the minerals processing, aggregates and metals refining industries globally. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.
Company details
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- Business Type:
- Manufacturer
- Industry Type:
- Mining
- Market Focus:
- Globally (various continents)
- Employees:
- Over 1000
This company also provides solutions for other industrial applications.
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About us
We offer technologies and services that reduce the consumption of energy and water by increasing process efficiency, recycling and reprocessing of tailings and waste. Our extensive offering for the full plant, from equipment to a broad range of services, helps our customers improve their profitability and lower their operating costs and risks. We have strong R&D and innovation power, and we are continuously looking for new ways to introduce innovations for our customers’ benefit.
We understand our customer’s world and the daily challenges they face. Together, we can partner for positive change.
We aim to be a sustainability leader in our industry. Sustainability at Metso Outotec is founded on our strategy, and code of conduct, as well as on selected, globally acknowledged guidelines and principles. By providing new and better technologies and changing current ways of operating, we help our customers meet their sustainability goals.
One of our key targets is our commitment to the 1.5 °C journey, with targets that are validated by the Science Based Targets initiative. Our all-encompassing approach on sustainability is called Planet Positive. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.
Our ambition is to be a top-tier company, with a high focus on digitalization. We provide data and analytics to help improve our customers' equipment and processes. We aim to offer a digital customer journey for their entire equipment lifecycle. As an example, we have a digital channel for easy ordering of spare and wear parts for aggregates distributors and our direct end customers. For mining customers, we have an advanced IoT solution to predict maintenance needs and optimize the process, maximize uptime and improve safety.
Purpose and Vision
The purpose of Metso Outotec is to enable sustainable modern life, and we aim to create solutions to accelerate sustainability in the industries we operate in. Our businesses are driven by the megatrends of urbanization, electrification, sustainability and resource scarcity. Our products and services are used in aggregates, minerals processing and metals refining processes to produce materials for the building materials of the modern world.
Metso Outotec’s vision is to be the customers’ number one choice for sustainable use of earth’s natural resources. Together we deliver service, reliability, innovation and results – safely. We aim to be a valuable partner for our customers, and we commit to take action in sustainability in our industry and to deliver results to all our stakeholders in a safe manner.
Strategy
Metso Outotec aims to become a top-tier supplier of products, technologies and services in the aggregates and minerals industries and a top financial performer.
Targets
- Adjusted EBITA margin of >15% over the cycle
- Maintaining an ‘investment-grade’ credit rating
- Dividend pay-out of at least 50% of earnings per share
- Progress in sustainability in alignment with the 1.5 °C commitment
- Comprehensive product and service offering as well as process expertise throughout the customers’ value chain
- Extensive installed base and a strong brand
- Strong aftermarket presence and know-how close to customers
- Industry-leading, sustainability-focused technology, research and product development expertise
Our key customer segments are aggregates, minerals processing, and certain areas of metals refining. Our target markets offer attractive growth prospects and have significant potential for further growth and development of the aftermarket business. Several recognized global megatrends, like urbanization, infrastructure projects, electrification of societies, and climate change mitigation, will support market growth.
Our primary target in the selected segments is to develop its product and service business by leveraging its comprehensive process expertise. In order to reduce business risks and to improve profitability, extensive project deliveries will be limited when they include other than the company’s own technology and expertise.