Metso Corporation
PINKSHEETS : MXCYY
HEX : MEO1V

November 22, 2011 03:22 ET

Metso's Capital Markets Day 2011 and assessment of the development for 2012

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


Metso Corporation's stock exchange release on November 22, 2011 at 10:05 a.m. local time

Metso is hosting a Capital Markets Day today, November 22, in London, UK. The event will feature management presentations covering areas such as Metso Group's strategy, financial update including pro forma financials according to the new segment structure, and strategy updates of the Mining and Construction, Automation, and Pulp, Paper and Power segments.

The main message of the Capital Markets Day is that Metso is fit for the future and aims to leverage its strong global position to drive profitable growth and shareholder value.

Assessment of the development for 2012

Today Metso's management is publishing an assessment of Metso Group's development for 2012 as follows:

Based on the assumption that our current relatively healthy demand from our customer industries will not be materially weakened by the financial turmoil in Europe or by any other similar development, we estimate that:

* Our net sales for 2012 will increase compared to 2011

* Our result (EBITA before non-recurring items) for 2012 will increase compared to 2011

Metso's Capital Markets Day will begin at 9:00 a.m. GMT. Presentation materials will be published at www.metso.com/investors. The website will also feature an on-demand webcast of the event later today.

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

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(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.

[HUG#1565602]

Contact Information

  • For further information, please contact:

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

    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