Metso reported mixed figures in Q3 17
Orders received increased by 30% to €817m (versus €628m, Services orders increased by 15% to €486m (versus €422m in Q3 16).
Sales increased by 5% to €673m (versus €638m). Services sales increased by 7% at €440m (versus €413m).
Adjusted EBITA was €43.0m, or 6.4% of sales (versus €77.2m, or 12.1% in Q3 16), including €33.3m charges related to mining projects in the backlog. Excluding these charges, the adjusted EBITA was €76.3m, or 11.3% of sales. ....
27 Oct 2017
A mixed bag amidst improved demand and weak profitability
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A mixed bag amidst improved demand and weak profitability
Metso Corporation (METSO:HEL) | 0 0 -0.1% | Mkt Cap: 1,447m
- Published:
27 Oct 2017 -
Author:
Lionel Pellicer -
Pages:
2
Metso reported mixed figures in Q3 17
Orders received increased by 30% to €817m (versus €628m, Services orders increased by 15% to €486m (versus €422m in Q3 16).
Sales increased by 5% to €673m (versus €638m). Services sales increased by 7% at €440m (versus €413m).
Adjusted EBITA was €43.0m, or 6.4% of sales (versus €77.2m, or 12.1% in Q3 16), including €33.3m charges related to mining projects in the backlog. Excluding these charges, the adjusted EBITA was €76.3m, or 11.3% of sales. ....