Metso Corporation
HEX : MEO1V
PINKSHEETS : MXCYY

November 22, 2011 03:13 ET

Historical pro forma financials according to the new segment structure

HELSINKI, FINLAND--(Marketwire - Nov 22, 2011) -



Metso Corporation's stock exchange release on November 22, 2011 at 10:00 a.m. local time

In September 2011, Metso published a new segment structure, which will be effective as of 1 December 2011. The new reporting segments are Mining and Construction, Automation, and Pulp, Paper and Power. Valmet Automotive and our Recycling unit will be reported under Group Head Office and other.

Unaudited pro forma financials on a quarterly basis for 2010 and 2011 according to the new segment reporting structure are presented in the tables below. The attachment and the Metso website contain more comprehensive segment information.

The new segment structure will be implemented in the financial statements for 2011 to be published on February 9, 2012.



PRELIMINARY pro forma information by new reporting segment

ORDERS RECEIVED

EUR million              1-3/10 4-6/10 7-9/10 10-12/10 1-3/11 4-6/11 7-9/11
---------------------------------------------------------------------------
Mining and
Construction                559    604    643      651    841  1 185    840

Automation                  177    177    174      167    220    225    180

Pulp, Paper and
 Power                      588    830    540      625    666  1 353    794

               Recycling     51     59     44       41     75     77     48

               Valmet
               Automotive    11     17     20       36     68     66     71

               Group Head
               Office and
               other          -      -      -        -      -      -      -
---------------------------------------------------------------------------
Group Head Office and others
total                        62     76     64       77    143    143    119

Intra Metso                 -20    -16    -12      -22    -23    -23    -15
---------------------------------------------------------------------------
Metso total               1 366  1 671  1 409    1 498  1 847  2 883  1 918



NET SALES

EUR million              1-3/10 4-6/10 7-9/10 10-12/10 1-3/11 4-6/11 7-9/11
---------------------------------------------------------------------------
Mining and Construction     472    541    563      659    560    664    678

Automation                  146    156    151      197    165    176    185

Pulp, Paper and Power       513    628    558      754    635    631    593

               Recycling     38     45     47       60     33     50     59

               Valmet
               Automotive    11     17     20       36     68     66     71

               Group Head
               Office and
               other          -      -      -        -      -      -      -
---------------------------------------------------------------------------
Group Head Office and others
total                        49     62     67       96    101    116    130

Intra Metso                 -10    -17    -14      -19    -17    -20    -25
---------------------------------------------------------------------------
Metso total               1 170  1 370  1 325    1 687  1 444  1 567  1 561



EBITA before
non-recurring
items
---------------
EUR million              1-3/10 4-6/10 7-9/10 10-12/10 1-3/11 4-6/11 7-9/11
---------------------------------------------------------------------------
Mining and Construction    39,5   64,8   74,9     85,6   56,7   68,9   74,9

Automation                 16,2   11,2   20,2     24,6   22,4   17,2   27,9

Pulp, Paper and Power      33,7   52,7   41,1     40,4   54,3   61,5   54,6

               Recycling    0,8    1,4    2,2      2,1   -0,3    0,5    3,6

               Valmet
               Automotive  -7,1   -1,4    0,7      3,2    2,7    2,8    1,5

               Group Head
               Office and
               other        4,5   -3,7  -10,5     -6,1  -12,2  -11,1    0,5
---------------------------------------------------------------------------
Group Head Office and others
total                      -1,8   -3,7   -7,6     -0,8   -9,8   -7,8    5,6
---------------------------------------------------------------------------
Metso total                87,6  125,0  128,6    149,8  123,6  139,8  163,0



EBITA before non-recurring
items, % of net sales

%                        1-3/10 4-6/10 7-9/10 10-12/10 1-3/11 4-6/11 7-9/11
---------------------------------------------------------------------------
Mining and Construction     8,4   12,0   13,3     13,0   10,1   10,4   11,0

Automation                 11,1    7,2   13,4     12,5   13,6    9,8   15,1

Pulp, Paper and Power       6,6    8,4    7,4      5,4    8,6    9,7    9,2

               Recycling    2,1    3,1    4,7      3,5   -0,9    1,0    6,1

               Valmet
               Automotive -64,5   -8,2    3,5      8,9    4,0    4,2    2,1

               Group Head
               Office and
               other        n/a    n/a    n/a      n/a    n/a    n/a    n/a
---------------------------------------------------------------------------
Group Head Office and others
total                       n/a    n/a    n/a      n/a    n/a    n/a    n/a
---------------------------------------------------------------------------
Metso total                 7,5    9,1    9,7      8,9    8,6    8,9   10,4


Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries. www.metso.com


Pro forma segment data: http://hugin.info/3017/R/1565592/485933.pdf


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(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Metso Corporation via Thomson Reuters ONE

[HUG#1565592]

Contact Information

  • Further information, please contact:

    Harri Nikunen
    CFO, Metso
    tel. +358 20 484 3010
    Juha Rouhiainen
    VP, Investor Relations, Metso
    tel. +358 20 484 3253


    Metso Corporation

    Harri Nikunen
    CFO

    Juha Rouhiainen
    VP, Investor Relations

    Distribution:
    NASDAQ OMX Helsinki Ltd
    Media
    www.metso.com