Metso Corporation · OMXHEX:METSO
Metso — Metso Outotec — Q1 2025 Earnings Presentation
20 slides from Metso's earnings presentation, Apr 24, 2025
Slide 1: Q1/2025 results
Q1/2025 results President and CEO Sami Takaluoma April 24, 2025
Slide 2: Forward looking statements
Forward looking statements It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding expectations for general economic development and the market situation, expectations for customer industry profitability and investment willingn
Slide 3: Agenda
Agenda 01 Results in brief 02 Financials Sustainability, outlook 03 and management agenda 04 Q&A April 24, 2025
Slide 4: Results in brief
01 " Results in * brief Metso
Slide 5: Q1/2025 highlights
Q1/2025 highlights Market activity in line Equipment orders with expectations grew in both segments Solid adj. EBITA Strong cash flow from margin of 16.5% operations of EUR 196 million April 24, 2025
Slide 6: Group Q1/2025 key figures
Group Q1/2025 key figures Resilient margin performance EUR million EUR million Q1/2025 Q1/2024 Change % 2,000 16.9 16.9 16.5 16.5 Orders received 1,413 1,361 4 16.0 Sales 1,173 1,217 -4 1,500 1,413 1,361 1,391 Adjusted EBITA 193 200 -3 1,272 1,217 1,214 1,226 1,162 1,160 1,173 % of sales 16.5 16.5 –
Slide 7: Aggregates orders grew and margin remained healthy
Aggregates orders grew and margin remained healthy EUR million • Orders received EUR 400 million (EUR 365 million) 17.0 ◦ Seasonal uptick in North America and Europe 500 16.6 16.1 16.0 16.0 ◦ Further supported by acquisitions 400 ◦ Equipment orders 16%, services -2% 400 365 331 314 307 303 • Sales E
Slide 8: Solid equipment orders and margin in Minerals
Solid equipment orders and margin in Minerals EUR million • Orders EUR 1,013 million (EUR 997 million) 18.3 1,500 17.5 17.7 ◦ Strong small equipment orders 17.3 17.0 ◦ Copper and gold strongest metals 1,098 ◦ Equipment orders +10%, services -2% 1,013 997 968 982 1,000 914 883 877 866 847 • Sales EUR
Slide 9: Tariff implications
Tariff implications • The US accounted for approximately 15% of Metso's sales in 2024 • Metso's local US manufacturing is limited to three brands selling mobile aggregates equipment and a few smaller product lines • Mitigation of the tariff impacts ongoing, including passing tariffs into customer pr
Slide 10: Financials in detail
02 Financials in detail Metso
Slide 11: Group Income Statement
Group Income Statement EUR EUR million Q1/2025 Q1/2024 2024 0.20 0.19 Sales 1,173 1,217 4,863 0.16 0.16 0.15 0.15 0.15 0.14 0.14 0.13 Adj. EBITA 193 200 804 0.10 Adj. EBITA, % 16.5 16.5 16.5 Operating profit 170 188 727 0.00 Operating profit, % 14.5 15.4 15.0 Net financial expenses -16 -22 -80 Profi
Slide 12: Group Balance Sheet
Group Balance Sheet EUR million Mar 31, 2025 Mar 31, 2024 Dec 31, 2024 EUR million Indebtedness Goodwill and intangible assets 1,909 1,875 1,927 1,250 100% 1,156 1,173 1,036 1,070 Property, plant and equipment 547 484 549 1,000 80% 884 840 815 825 Right-of-use assets 128 109 136 750 673 60% Other no
Slide 13: Strong cash flow from operations
Strong cash flow from operations EUR million Q1/2025 Q1/2024 2024 EUR million Improving cash generation 350 Profit for the period 119 121 330 300 286 256 Adjustments: 250 Depreciation and amortization 44 42 165 196 200 Financial expenses, net 16 22 80 158 152 Income taxes 36 43 88 150 Other items 17
Slide 14: Financial position
Financial position EUR million Mar 31, 2025 Mar 31, 2024 Dec 31, 2024 • Ratings: ◦ S&P Global: 'BBB' with stable outlook (June 17, Liquid funds 533 680 431 2024) ◦ Moody’s: ‘Baa2’ long-term rating with stable Net debt 1,070 825 1,173 outlook (May 13, 2024) • Average interest rate of loans and deriva
Slide 15: Sustainability, outlook and management
03 Sustainability, outlook and management agenda
Slide 16: Mixed progress with sustainability KPIs continues
Mixed progress with sustainability KPIs continues Spend from suppliers Metso Plus Net zero Logistics CO2 with science-based emissions sales to grow faster CO2 emissions in own emissions targets than overall operations** by -20% sales 2030 by 2025 30% by 2025 Q1/2025 Q1/2025 Q1/2025 Q1/2025 EUR 1,217
Slide 17: Market Outlook
Market Outlook Metso expects that the market activity in both Minerals and Aggregates will remain at the current level. Tariff-related turbulence could potentially affect global economic growth and market activity. In its previously published outlook, Metso expected the market activity in both Miner
Slide 18: Management short-term agenda
Management short-term agenda • Maximize the potential of current market • Continue normalizing inventory levels • Successful ERP go-live • Finalize the strategy process • Develop the company culture April 24, 2025
Slide 19: Q&A
04 Q&A
Slide 20: Partner for positive change
Partner for positive change metso.com 20 Thursday, October 10, 2024