HELSINKI, Finland, Nov. 26, 2014 (GLOBE NEWSWIRE) -- Metso is holding a Capital Markets Day in Amsterdam today, November 26, 2014. The event will highlight various topics, such as the Group's strategy, financial performance and financial targets, as well as growth prospects and development initiatives of Metso's three business areas.
Metso's market outlook published on its Interim Review for January-September 2014 on October 23, 2014 remains unchanged.
In addition, Metso repeats its financial guidance for 2014 (originally published on February 6, 2014): Based on our market outlook, backlog for 2014, current exchange rates and ongoing cost-efficiency actions, we estimate that our net sales in 2014 will be somewhat below 2013 and that our EBITA margin before non-recurring items for 2014 will be around 12 percent of net sales.
Metso's Capital Markets Day will begin in Amsterdam at 12:00 noon local time (13:00 p.m. EET). The presentation materials will be available at Metso's web site (www.metso.com/cmd) when the event begins. A direct webcast will be available via Metso's web site. Recordings of the presentations will be posted on the site after the event.
Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts in 50 countries. Expect results.
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd