Q2 17 highlights: • Market activity remained healthy overall and improved in mining equipment. • Orders received decreased 2% and totalled €749m (€761m), but were 12% higher when adjusting for a large mining equipment order in the comparison period. Services orders increased 8% to €480m (€444m). • Sales increased 1% to €675m (€671m). Services sales increased 1% and totalled €445m (€439m). • Adjusted EBITA decreased to €70.0m, or
24 Jul 2017
Longer than expected recovery in demand weighs on margins
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Longer than expected recovery in demand weighs on margins
Metso Corporation (METSO:HEL) | 0 0 -0.1% | Mkt Cap: 1,447m
- Published:
24 Jul 2017 -
Author:
Lionel Pellicer -
Pages:
3
Q2 17 highlights: • Market activity remained healthy overall and improved in mining equipment. • Orders received decreased 2% and totalled €749m (€761m), but were 12% higher when adjusting for a large mining equipment order in the comparison period. Services orders increased 8% to €480m (€444m). • Sales increased 1% to €675m (€671m). Services sales increased 1% and totalled €445m (€439m). • Adjusted EBITA decreased to €70.0m, or