hold-BUZZ-Metso extends losses, cautionary mgmt commentary weighs

Metso Oyj

22/04/2026 15:44

Removes extraneous word from headline.

** Shares in Metso METSO.HE accelerate losses to close to 5%, weighed down by management commentary during the company's earnings call for analysts

** "(In aggregates) some of the orders are placed not only for the second quarter, but also for the second half of the year, so sort of a pre-buying phenomena," Metso's management said in the call

** "This would suggest that the rest of the year will have lower y/y growth," J.P. Morgan says

** The group's Q1 orders come in 2% above the consensus estimate

**  JPM also flags 'cautionary' tone around minerals division, Metso's biggest, and signals a potential blow from geopolitical uncertainty and energy prices as well

** The group's Q1 sales and earnings are slightly below expectations

** Metso's share price dip erases YTD gains and makes the stock one of the weakest performers on STOXX 600 .STOXX index

($1 = 0.8527 euros)

 (Reporting by Boleslaw Lasocki and Izabela Niemiec)

 ((boleslaw.lasocki@thomsonreuters.com))