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Metso issues a positive profit warning

Thursday 21. April 2011 - Based on a favorable development in the market environment and order intake, Metso changes its estimate on the 2011 financial performance.

Metso estimates that company’s net sales in 2011 will grow about 15 percent compared to 2010 and profitability (EBITA margin before non-recurring items) will improve.
Metso’s previous guidance issued on February 3, 2011 was:
Based on the development in 2010 and assuming that the gradual recovery of the global economy will continue, we estimate that our net sales in 2011 will grow over 10 percent compared to 2010 and EBITA before non-recurring items will improve.

http://www.metso.com
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