Market: Helsinki
ISIN: FI0009007835
Industry: Industrial Goods & Services

Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability.

In 2018, Metso’s sales were about EUR 3.2 billion. Our services offering covers the whole lifecycle of our customers’ products and processes. We are a global company providing innovative solutions for sustainable productivity with a winning team of over 14,000 employees and with operations in more than 50 countries close to our customers.

Metso’s shares are listed on the Nasdaq Helsinki stock exchange in Finland.

The Extraordinary General Meeting of Metso approved on October 29, 2019, a plan to combine Metso’s Minerals Business and Outotec to create Metso Outotec. As a result, Metso’s Flow Control business will become the continuing business of the currently listed Metso, which will be subsequently renamed Neles, an independent listed company supplying flow control products and services. The completion of the demerger is targeted to be registered in the second quarter of 2020, subject to the receipt of all required regulatory and other approvals.

Major Shareholders

Shares

% of Total
Solidium Oy 22,374,869 14.9
Ilmarinen Mutual Pension Insurance Company 4,003,190 2.7
Varma Mutual Pension Insurance Company 3,698,465 2.5
Keva 1,600,810 1.1
Nordea Funds 1,599,137 1.1
Total 5 shares 33,276,471 22.1
100 largest owner groups in total 48,755,150 32.4
Key Figures (EUR million) 2018 2017 Change %
Orders received 3,499 2,982 17
Orders received by the services business 1,913 1,717 11
% of orders received 55 58  
Order backlog 1,686 1,439 17
Sales 3,173 2,699 18
Sales of the services business 1,773 1,595 11
% of sales 56 59  
Adjusted EBITA 369 244 51
% of sales 11.6 9.0  
Operating profit 351 218 61
% of sales 11.1 8.1  
Earnings per share, EUR 1.53 0.68 125
Free cash flow 146 158 -8
Return on capital employed (ROCE) before taxes, % 16.9 10.3  
Equity-to-assets ratio, % 47.7 44.5  
Net gearing, % 11.7 1.8  
Personnel at the end of the year 13,150 12,037 9