Metso : Margin resilience compensates for fall in demand
>Q2 2024 orders significantly undershot expectations… - Yesterday morning Metso reported Q2 2024 results (see our First Take) that fell short of expectations on the order intake and on sales.The order intake was down by 12% on an organic basis (consensus at -1.3%), like sales, also down 12% (consensus at -4.2%), down in both divisions.For the Minerals division, orders were down 14% on an organic basis in Q2. The CEO confirmed that he was expecting better equ...Outotec is a global provider of process solutions, technologies and services for the mining and metallurgical industries organized in four divisions. The Minerals Processing division provides concentrator plants, process solutions and services for ore concentration, the minerals and fertilizer industry, energy sector and water treatment. The Base Metals division provides metallurgical processing technology for copper, nickel, zinc, precious metals and ferroalloys. The Metals Processing division develops and supplies technologies and services for the production of iron, alumina, aluminum and synthetic rutile. Larox develops and delivers industrial filters for separating solids from liquids.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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