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
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
