Metso : Reassuring Q1 orders but results are below expectations
>Q1 2024: orders down -6%, sales down -7%, adjusted EBITA margin of 16.5% - Metso this morning reported Q1 2024 results that were 7% below expectations at adjusted EBITA level. Order intake was € 1,361m (consensus € 1,361), down -6% on an organic basis (consensus -5.8%). Orders were up sequentially in both divisions with improved market activity in Aggregates (driven by the US) and in Minerals (Services). Sales were down -7% (consensus -2.4%) on an organic b...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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