Finland's Metso Q2 orders rise on minerals segment demand

Metso Oyj

24/07/2026 07:12

    

    Overview
  
Finland mining tech firm's Q2 orders rose 18% and sales grew 6% yr/yr
Adjusted EBITA margin for Q2 improved to 16.6% from 14.5% yr/yr
Growth driven by strong Minerals segment demand and robust aftermarket activity

    

    Outlook
  
Metso expects market activity in both Minerals and Aggregates to remain at the current level

    

    Result Drivers
  
MINERALS SEGMENT DEMAND - Strong customer activity in Minerals, with equipment orders up 50% and aftermarket orders up 13%, drove order and sales growth
OPERATIONAL EXECUTION - Improved adjusted EBITA margin in Q2 attributed to sales growth, operational efficiency and favorable business mix in Minerals
SERVICE NETWORK INVESTMENTS - Expansion of service centers and local capabilities to strengthen proximity to customers and support long-term growth

    
Company press release: ID:nWkr8HJH6S

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
 
EUR 1.33 bln
 
Q2 EPS
 
EUR 0.15
 
Q2 Adjusted EBITA
 
EUR 221 mln
 
Q2 EBIT
 
EUR 185 mln
 
Q2 Orders
 
EUR 1.46 bln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Metso Oyj is €17.00, about 9% above its July 23 closing price of €15.60
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

    

    Reuters Recommended Reads
  
July 21 - Sweden's Boliden Q2 revenue rises, helped by acquired mines
July 23 - Sweden declares mining national security interest to counter dependence on China
July 23 - Canada's Teck Resources tops Q2 earnings estimates

    
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)