Metso to accelerate its strategy implementation with a new operating model and organization
(Thomson Reuters ONE) -
Metso to accelerate its strategy implementation with a new operating model and
organization
Metso Corporation, stock exchange release, September 25, 2017 at 09:00 EEST
Metso's Board of Directors has decided on the Group's new operating model and
organization, effective from January 1, 2018.
During recent years, Metso has successfully maintained a strong financial
position. Its next value creation opportunities will come from profitable
growth, backed up by a positive market development
The new organization is designed to accelerate Metso's strategy implementation
by strengthening its service and product businesses in the minerals and flow
control markets. Growth will primarily be sought organically, but also through
acquisitions.
"The fundamentals of Metso's strategy and business portfolio remain the same,
and our vision is valid. I strongly believe, that for our customers and other
stakeholders, Metso will be the best choice for the sustainable processing and
flow of natural resources. We will implement an organizational structure, where
businesses are built around similar customer, competitive and business dynamics.
This will enable a more focused and agile organization," says Nico Delvaux,
President and CEO of Metso.
"We will further strengthen the accountability of our businesses, and speed up
decision-making to enable both the implementation of our growth plans and the
agile response to market changes. Additionally, our focus on innovation and
technology will significantly increase, to provide better solutions for
sustainability, efficiency and productivity for our customers," he continues.
Metso's new business areas will be
* Mining Equipment
* Aggregates Equipment
* Minerals Services
* Minerals Consumables
* Recycling
* Valves
* Pumps
The heads of the business areas will report to Metso's President and CEO Nico
Delvaux.
The Group's current reporting segments, Minerals and Flow Control, remain
unchanged.
Metso is a world leading industrial company serving the mining, aggregates,
recycling, oil, gas, pulp, paper and process industries. We help our customers
improve their operational efficiency, reduce risks and increase profitability by
using our unique knowledge, experienced people and innovative solutions to build
new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems
to industrial valves and controls. Our customers are supported by a broad scope
of services and a global network of over 80 service centers and about 6,000
services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ OMX Helsinki, Finland, and had sales of about EUR
2.6 billion in 2016. Metso employs over 11,000 persons in more than 50
countries. Expect results.
www.metso.com, twitter.com/metsogroup
Further information
Global Communications, tel. +358 20 484 3212
Investor relations, tel. +358 20 484 3253
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.09.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 561066
Anzahl Zeichen: 3881
contact information:
Town:
Helsinki
Kategorie:
Business News
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