Metso issues a positive profit warning
(Thomson Reuters ONE) -
Metso Corporation's stock exchange release on April 20, 2011 at 2:30 p.m. local
time
Based on a favorable development in the market environment and order intake,
Metso changes its estimate on the 2011 financial performance.
Metso estimates that company's net sales in 2011 will grow about 15 percent
compared to 2010 and profitability (EBITA margin before non-recurring items)
will improve.
Metso's previous guidance issued on February 3, 2011 was:
Based on the development in 2010 and assuming that the gradual recovery of the
global economy will continue, we estimate that our net sales in 2011 will grow
over 10 percent compared to 2010 and EBITA before non-recurring items will
improve.
As previously announced Metso's Interim Review for January - March 2011 will be
published on Thursday, April 28, 2011 at about 3:30 p.m. Finnish time/EEST (1:30
p.m. BST, 2:30 p.m. CEST, 8:30 a.m. EST)
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 28,500 employees in more than 50 countries.
www.metso.com
Further information, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.
+358 20 484 3253
Metso Corporation
Harri Nikunen
CFO
Johanna Henttonen
Vice President, Investor Relations
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. 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
[HUG#1508112]
Unternehmensinformation / Kurzprofil:
Datum: 20.04.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 53770
Anzahl Zeichen: 2265
contact information:
Town:
Helsinki
Kategorie:
Business News
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