Metso's comparative segment information according to the new reporting structure
Metso Corporation's stock exchange release on October 20, 2014 at 2:30 p.m. local time
Metso will report its January-September 2014 result on Thursday, October 23, 2014 in line with the new strategy and reporting structure announced on July 31, 2014.
The new reporting structure consists of two segments: Minerals and Flow Control. The Minerals segment covers Metso's mining, aggregates, and recycling businesses; while Flow Control segment covers the valves, pumps, and process automation businesses. In the old structure, the pump business was included in the Mining and Construction segment and was part of the Mining and Construction services organization.
The tables below show quarterly orders, net sales, and EBITA before non-recurring items according to the new structure. More comprehensive information can be found in the attachment.
METSO QUARTERLY INFORMATION - NEW SEGMENT STRUCTURE | ||||||
ORDERS RECEIVED | ||||||
EUR million | 1-3/ 2013 | 4-6/ 2013 | 7-9/ 2013 | 10-12/ 2013 | 1-3/ 2014 | 4-6/ 2014 |
Minerals | 753 | 716 | 609 | 667 | 597 | 662 |
Flow Control | 287 | 266 | 226 | 233 | 279 | 286 |
Group Head Office and other | - | - | - | - | - | - |
Intra Metso orders received | -9 | -14 | -10 | -15 | -1 | -1 |
Metso total | 1,031 | 968 | 825 | 885 | 875 | 947 |
NET SALES | ||||||
EUR million | 1-3/ 2013 | 4-6/ 2013 | 7-9/ 2013 | 10-12/ 2013 | 1-3/ 2014 | 4-6/ 2014 |
Minerals | 719 | 770 | 712 | 754 | 608 | 706 |
Flow Control | 209 | 238 | 243 | 279 | 210 | 255 |
Group Head Office and other | - | - | - | - | - | - |
Intra Metso net sales | -13 | -20 | -18 | -15 | -1 | 1 |
Metso total | 915 | 988 | 937 | 1,018 | 817 | 962 |
EBITA BEFORE NON-RECURRING ITEMS | ||||||
EUR million | 1-3/ 2013 | 4-6/ 2013 | 7-9/ 2013 | 10-12/ 2013 | 1-3/ 2014 | 4-6/ 2014 |
Minerals | 90.2 | 91.1 | 95.6 | 106.5 | 68.6 | 95.7 |
Flow Control | 17.2 | 33.9 | 39.4 | 43.1 | 23.3 | 40.9 |
Group Head Office and other | -4.6 | -7.3 | -6.4 | -3.1 | -4.4 | -5.4 |
Metso total | 102.8 | 117.7 | 128.6 | 146.5 | 87.5 | 131.2 |
EBITA BEFORE NON-RECURRING ITEMS, % OF NET SALES | ||||||
% | 1-3/ 2013 | 4-6/ 2013 | 7-9/ 2013 | 10-12/ 2013 | 1-3/ 2014 | 4-6/ 2014 |
Minerals | 12.5 | 11.8 | 13.4 | 14.1 | 11.3 | 13.6 |
Flow Control | 8.2 | 14.2 | 16.2 | 15.4 | 11.1 | 16.0 |
Group Head Office and other | n/a | n/a | n/a | n/a | n/a | n/a |
Metso total | 11.2 | 11.9 | 13.7 | 14.4 | 10.7 | 13.6 |
Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts in 50 countries. Expect results.
www.metso.com:
http://www.metso.com/, www.twitter.com/metsogroup:
http://www.twitter.com/metsogroup
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
Metso Corporation
Harri Nikunen
CFO
Juha Rouhiainen
VP, Investor Relations
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
http://hugin.info/3017/R/1864128/654177.pdf
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