Metso decides not to distribute the additional dividend for 2008
(Thomson Reuters ONE) - Metso Corporation's company release on July 24, 2009 at 11:55 a.m.Metso's Board of Directors has today decided that Metso will not payany additional dividend for 2008 in addition to the ordinary dividendof 0.70 euro per share that was distributed in April 2009. Metso'sfinancial performance and financial position are stable and havedeveloped according to management expectations, but the marketvisibility for 2010 continues to be weak. The importance of strongbalance sheet increases in an uncertain economic climate.The Annual General Meeting of March 30, 2009 authorized the Board todecide by the end of 2009, at its discretion and when the economicsituation of Metso favors it, on the payment of an additionaldividend for 2008 in the amount of no more than EUR 0.68 per share.With today's Board decision no additional dividend will bedistributed.Metso is a global supplier of sustainable technology and services formining, construction, power generation, automation, recycling and thepulp and paper industries. We have about 28,000 employees in morethan 50 countries. www.metso.comFurther information, please contact:Johanna Henttonen, Vice President, Investor Relations, MetsoCorporation, tel. +358 20 484 3253It should be noted that certain statements herein which are nothistorical facts, including, without limitation, those regardingexpectations for general economic development and the marketsituation, expectations for customer industry profitability andinvestment willingness, expectations for company growth, developmentand profitability and the realization of synergy benefits and costsavings, and statements preceded by "expects", "estimates","forecasts" or similar expressions, are forward-looking statements.These statements are based on current decisions and plans andcurrently known factors. They involve risks and uncertainties whichmay cause the actual results to materially differ from the resultscurrently expected by the company.Such factors include, but are not limited to:(1) general economic conditions, including fluctuations in exchangerates and interest levels which influence the operating environmentand profitability of customers and thereby the orders received by thecompany and their margins(2) the competitive situation, especially significant technologicalsolutions developed by competitors(3) the company's own operating conditions, such as the success ofproduction, product development and project management and theircontinuous development and improvement(4) the success of pending and future acquisitions and restructuring.Metso CorporationOlli VaartimoExecutive Vice President and CFOKati RenvallVice President, Group CommunicationsDistribution:NASDAQ OMX Helsinki LtdMediawww.metso.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 24.07.2009 - 10:55 Uhr
Sprache: Deutsch
News-ID 3948
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