Positive third quarter for Metso Outotec

Steve Ducker Desk Editor, Off Highway Research

04 November 2021

Metso Outotec president and CEO Pekka Vauramo says the integration of the companies is following their 2020 merger processing “ahead of plan” after the announcement of its third quarter financial results.

Orders received for the quarter more than doubled to €1.649 billion (US$1.9 billion) year-on-year, with a 7% increase in sales and profit up to 107 million ($123 million) from €51 million ($59 million) in 2020.

For the nine months to the end of September, sales totalled €2.958 billion ($3.4 billion),…

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