Metso Corporation · OMXHEX:METSO
Metso — Metso Outotec — Q3 2025 Earnings Presentation
19 slides from Metso's earnings presentation, Oct 23, 2025
Slide 1: Q3/2025 results
Q3/2025 results Sami Takaluoma, President and CEO Pasi Kyckling, CFO October 23, 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 03 Strategy, sustainability and outlook 04 Q&A October 23, 2025
Slide 4: Results in brief
01 Results in brief Sami Takaluoma President and CEO
Slide 5: Q3/2025 highlights
Q3/2025 highlights Market activity in line Healthy order growth with expectations Strong sales growth Solid cash generation and adjusted EBITA October 23, 2025
Slide 6: Group Q3/2025 key figures
Group Q3/2025 key figures EUR million EUR million Q3/2025 Q3/2024 Change % 2,000 16.8 16.7 Orders received 1,264 1,237 2 16.1 15.9 14.5 Sales 1,328 1,211 10 1,500 1,466 1,465 Adjusted EBITA 222 204 9 1,300 1,328 1,237 1,211 1,241 1,257 1,264 1,212 % of sales 16.7 16.8 – 1,000 Operating profit 205 18
Slide 7: Aggregates orders grew
Aggregates orders grew EUR million • Orders received EUR 280 million (EUR 259 million) ◦ +13% in constant currencies 500 16.1 16.0 16.0 15.6 ◦ Growth driven by North America and Europe 14.1 400 ◦ Equipment orders +11%, aftermarket +2% 400 331 320 307 309 • Sales EUR 309 million (EUR 283 million) 300
Slide 8: Solid quarter for Minerals
Solid quarter for Minerals EUR million • Orders EUR 984 million (EUR 978 million) 1,500 18.1 18.0 ◦ +5% in constant currencies 17.1 16.8 16.5 ◦ Aftermarket orders grew by +12% 1,173 ◦ Solid increase in small and mid-sized 1,066 1,011 1,019 equipment orders 1,000 978 928 936 984 906 910 • Sales EUR 1
Slide 9: Financials in detail
02 Financials in detail Pasi Kyckling CFO
Slide 10: Group Income Statement
Group Income Statement EUR EUR million Q3/2025 Q3/2024 Q1-Q3/2025 Q1-Q3/2024 2024 0.20 Sales 1,328 1,211 3,797 3,725 5,026 0.17 Adjusted EBITA 222 204 597 620 830 0.16 0.15 0.14 Operating profit 205 185 551 577 749 0.13 0.13 Net financial expenses -20 -18 -69 -56 -80 0.10 Profit before taxes 186 167
Slide 11: Financial position
Financial position EUR million Sep 30, 2025 Sep 30, 2024 Dec 31, 2024 • Average interest rate of loans and derivatives 3.4% Liquid funds 461 467 431 • Available credit facilities ◦ EUR 700 million undrawn committed syndicated Net debt 1,135 1,156 1,173 revolver ◦ EUR 600 million commercial paper pro
Slide 12: Healthy cash flow from operations
Healthy cash flow from operations EUR million Q3/2025 Q3/2024 Q1-Q3/2025 Q1-Q3/2024 2024 EUR million Cash flow from operations 700 Profit for the period 142 -79 323 172 330 609 600 576 Adjustments: 550 Depreciation and amortization 47 41 138 122 165 500 Financial expenses, net 20 18 69 56 80 400 Inc
Slide 13: Strategy, sustainability and outlook
03 Strategy, sustainability and outlook Sami Takaluoma President and CEO
Slide 14: October 23, 2025
October October23, 23,2025 2025
Slide 15: Our revised financial targets for 2028
UNRESTRICTED Our revised financial targets for 2028 Annual sales growth (CAGR) Adjusted EBITA margin of 1-9/25: 1-9/25: >7% +2% >18% 15.7% Aggregates >17% and Minerals >20% Net debt to EBITDA Dividend payout of at least 09/25: 2024: <1.5x 1.3 50% 63% of earnings per share October 23, 2025
Slide 16: Strategy execution
Strategy execution ◦ Acquisitions ◦ Screening business Saimu in China ◦ TL Solution (mill liner recycling) ◦ Q&R Industrial Hoses ◦ Review of loading and hauling business ◦ ◦ Investments ◦ Screen manufacturing center in Romania October 23, 2025
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 market activity in both Minerals
Slide 18: Q&A
04 Q&A
Slide 19: Partner for positive change
Partner for positive change metso.com 19 Thursday, October 10, 2024