Metso lowers its financial guidance for 2013

Metso Corporation's stock exchange release on October 17, 2013 at 9:00 a.m. local time 

Metso has decided to lower the guidance for its financial performance for 2013.
The weakened outlook is resulting primarily from lower profitability at the
separate business entity Valmet Automotive during the second half of the year.


The updated guidance is as follows:
We estimate that our net sales and EBITA before non-recurring items in 2013 will
be significantly lower than those in 2012.

The previous guidance, published on July 25, 2013, stated that:
We estimate that our net sales and EBITA before non-recurring items in 2013 will
be somewhat lower than those in 2012.

Both statements above are related to Metso's current segment reporting and are
based on the economic situation, market outlook, order backlog for 2013, and
foreign exchange rates remaining similar to those at the time of publishing.

In addition to the updated guidance for the whole company, Metso publishes the
following additional segment information for 2013:

  * Mining and Construction: Net sales are expected to be somewhat lower and
    EBITA before non-recurring items at around the same level compared to 2012
  * Automation: Net sales are expected to be at around the same level and EBITA
    before non-recurring items is expected to improve significantly compared to
    2012
  * Pulp Paper and Power (businesses to be demerged from Metso): Both net sales
    and EBITA before non-recurring items are expected to be significantly lower
    compared to 2012. Net sales and EBITA during the second half are expected to
    be at about the first half's level.
  * Valmet Automotive is expected to book a substantial loss for 2013



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 contribute to
sustainability and deliver profitability to customers worldwide. Metso's shares
are listed on the NASDAQ OMX Helsinki Ltd.

www.metso.com, www.twitter.com/metsogroup




Further information, please contact:

Harri Nikunen, CFO, Metso Corporation, tel +358 20 484 3010

Markku Honkasalo, CFO, Pulp, Paper and Power, Metso Corporation, tel.
+358 20 484 100



Metso Corporation



Harri Nikunen

CFO



Juha Rouhiainen

VP, Investor Relations



Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com
Back to top