reports
- GlobalData Department
Metso Corp (METSO) - Oil & Gas - Deals and Alliances Profile
Summary Metso Corp (Metso) is an industrial machinery company that provides sustainable technology and services. It offers products such as mining and construction aggregates processing equipments, conveyers, separators, air classifiers, slurry pumps, industrial valves and controls, and waste shredders. Metso also offers positioners, on-off controllers and intelligent safety solenoids. The company caters to mining, aggregates, recycling and energy, oil, gas, pulp, paper and process, constructio...
- GlobalData Department
Metso Corp (METSO) - Power - Deals and Alliances Profile
Summary Metso Corp (Metso) is an industrial machinery company that provides sustainable technology and services. It offers products such as mining and construction aggregates processing equipments, conveyers, separators, air classifiers, slurry pumps, industrial valves and controls, and waste shredders. Metso also offers positioners, on-off controllers and intelligent safety solenoids. The company caters to mining, aggregates, recycling and energy, oil, gas, pulp, paper and process, constructio...
- Jeffrey Vonk
Metso Produces a Strong 1Q
No-moat Metso produced a strong first quarter, with sales up 10% in the period, almost double the level seen in fiscal 2017, while the EBITA margin rose to 11.9%, the highest quarterly level since third-quarter 2016. These numbers are broadly in line with our expectations for the full year. We are maintaining our EUR 24 fair value estimate at this time. Positively, order inflow over the quarter was strong, rising by 17%, while the order backlog currently sits at just over EUR 1.55 billion, up fr...
- Jeffrey Vonk
Metso Returns to Growth in 1Q 2017 as Valve and Pumps Services Recover...
After updating our sales and profit estimates following no-moat Metso’s good first-quarter update and adjusting for the time value of money, we are increasing our fair value estimate to EUR 24 from EUR 21 per share. Metso returned to growth in the quarter as sales increased 8% on a reported basis and 4% on a comparable basis, largely due to increased flow control service activity (up 10% year on year) in its main markets: oil and gas, and pulp and paper. Although we still see some headwinds fo...
- Jeffrey Vonk
Metso returns to growth in first-quarter 2017 as valve and pumps servi...
After updating our sales and profit estimates for Metso and adjusting for the time value of money, we are increasing our fair value estimate to EUR 21 from EUR 20 per share and believe the shares are overvalued. Our no-moat rating is intact. Metso reported weak results for 2016, with sales down 12% on the year-ago period, as flow control sales declined 14% due to weakness in the oil and gas sector hampering customers' capital expenditure projects. Results were roughly in line with our estimates...
- Jeffrey Vonk
Sluggish Order Rates and Plummeting Profitability for Metso as Service...
We're leaving our EUR 20 fair value estimate and no-moat rating for Metso unchanged following the release of the firm's third-quarter results, and we believe the shares are currently overvalued. Metso reported weak results, with sales down 6% year over year as sales in Flow Control declined 10%, as a result of weakness in the oil and gas sector hampering customers' capital expenditure projects. Metso's profit plummeted 17% over the same period, with profit margins down 120 basis points, whic...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.