Metso reported its Q1 17 figures which are satisfactory, and slightly above expectations. - Market activity increased, especially in the services businesses. - Orders received increased 11% and totalled €733m (versus €663m). - Services orders increased 15% to €496m (versus €433m). - Q1 17 sales grew 8% to €648m (versus €601m). Services sales increased 3% and totalled €423m (versus €409m). - Adjusted EBITA improved to €66.4m, or 10.2% of sales (vers
27 Apr 2017
The turnaround in demand is confirmed, especially for mining services
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The turnaround in demand is confirmed, especially for mining services
Metso Corporation (METSO:HEL) | 0 0 -0.1% | Mkt Cap: 1,447m
- Published:
27 Apr 2017 -
Author:
Lionel Pellicer -
Pages:
3
Metso reported its Q1 17 figures which are satisfactory, and slightly above expectations. - Market activity increased, especially in the services businesses. - Orders received increased 11% and totalled €733m (versus €663m). - Services orders increased 15% to €496m (versus €433m). - Q1 17 sales grew 8% to €648m (versus €601m). Services sales increased 3% and totalled €423m (versus €409m). - Adjusted EBITA improved to €66.4m, or 10.2% of sales (vers