Metso Corporation's stock exchange release on March 29, 2012 at 3:00 p.m. local
Metso's President and CEO Matti Kähkönen will discuss the company's strategy and
operating environment at the Annual General Meeting scheduled to start today at
3:00 p.m. Finnish time.
"There have not been any significant changes in our customer industries duirng
the first part of the year, and orders received were at a good level in January
and February, in line with our expectations," Kähkönen says.
Kähkönen will reiterate the guidance statement that the company published
earlier, in which it is estimated that Metso's net sales will grow and EBITA
before non-recurring items will improve in 2012 compared to 2011. The guidance
is based on the company's current market outlook, strong order backlog and
current business scope.
Regarding Metso's strategy, Kähkönen says that the company is fit for the future
and will continue to focus on its three strategic priorities: the services
business, growth countries and the mining business.
"Success in these areas will bring most value to Metso and its stakeholders.
Development of the services business and growth countries are key themes for all
our businesses. Of our customer industries, mining is where investments are
growing fastest globally," Kähkönen says.
Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries deliver
sustainability and profitability to customers worldwide. Expect results.
For further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd