Preliminary information on Metso's fourth quarter 2017 results - Minerals' profitability weaker than expected
Metso's fourth quarter 2017 sales are estimated to total EUR 710 million, representing an increase of 5 percent from Q4/2016. However, profitability of the Minerals segment came in weaker than expected, due to a higher than estimated share of equipment sales compared to services sales and a weak margin of the services business.
Metso's adjusted EBITA is estimated at EUR 64 million corresponding to a margin of 9.1 percent (Q4/2016: EUR 64 million and 9.4%). Metso's fourth quarter orders received are estimated at EUR 684 million (Q4/2016: EUR 672 million).
Metso will publish its fourth quarter and full-year 2017 results on Friday, February 2, 2018, at 9:00 a.m. EET. Until that, the company will refrain from giving additional details on its results due to the ongoing silent period.
source: Metso
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