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 2019, Metso’s sales were about EUR 3.6 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 15,000 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.
|% of Total|
|Ilmarinen Mutual Pension Insurance Company||4,051,253||2.69|
|Varma Mutual Pension Insurance Company||2,848,465||1.89|
|The Local Government Pensions Institution||1,575,166||1.05|
|Elo Mutual Pension Insurance Company||1,476,000||0.98|
|Total 5 shares||32,325,753||21.49|
|Key Figures (EUR million)||2019||2018||Change %|
|Orders received by the services business||2,061||1,913||8|
|% of orders received||56||55|
|Sales of the services business||1,967||1,773||11|
|% of sales||54||56|
|% of sales||13.0||11.6|
|% of sales||11.5||11.1|
|Earnings per share, EUR||1.94||1.53||27|
|Free cash flow||39||146||-68|
|Return on capital employed (ROCE) before taxes, %||18.7||16.9|
|Equity-to-assets ratio, %||42.1||47.7|
|Net gearing, %||52.7||11.7|
|Personnel at the end of the year||15,821||13,150||20|
* Adjustment items amounted to EUR 15 million in Q4/2019 and EUR 36 million in 2019, while comparative periods for 2018 do not include any adjustment items.