Photo courtesy of Metso Corp.
Sales at Metso Corp. declined by 2 percent in the first half of this year compared with one year earlier, although the Finnish company also reports a 5 percent increase in the value of orders received compared with one year ago.
The combination of activity led to a 10 percent year-on-year decline in adjusted earnings before interest, taxes and amortization (EBITA). Metso also says its earnings per share (EPS) in the first half of this year of 22 European cents represents a 26 percent drop from the 30 European cents of EPS earned in the first half of last year.
“Market activity in the second quarter met expectations, and the positive trends observed from the beginning of the year continued in both the minerals and aggregates markets," Metso President and CEO Sami Takaluoma says of the increase in orders in the second quarter. “To date, we have been able to manage the uncertainties related to tariffs and their impact on our business, demonstrating our strong global presence and resilience to evolving circumstances.
“The Aggregates segment achieved a 5 percent growth in orders, driven by a 14 percent increase in equipment orders. Both North American and European markets contributed to this growth."
Regarding the second half of 2025, Metso expects market activity in its Aggregates business unit will remain at the current level.
“Tariff-related turbulence could potentially affect global economic growth and market activity,” the firm adds.
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