Metso Corporation · OMXHEX:METSO
Metso — Metso Outotec — Q4 2025 Earnings Presentation
18 slides from Metso's earnings presentation, Feb 12, 2026
Slide 1: Q4/2025 and full-year results
Q4/2025 and full-year results Sami Takaluoma, President and CEO Pasi Kyckling, CFO February 12, 2026
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 execution and outlook 04 Q&A February 12, 2026
Slide 4: Results in brief
01 Results in brief Sami Takaluoma President and CEO
Slide 5: Q4/2025 highlights
Q4/2025 highlights Market activity in line Healthy order growth with expectations Sales growth drove Strong cash generation increase in adjusted EBITA February 12, 2026
Slide 6: Group Q4/2025 key figures
Group Q4/2025 key figures EUR million EUR million Q4/2025 Q4/2024 Change % 2,000 16.7 Orders received 1,501 1,466 2 16.1 15.9 16.1 14.5 Sales 1,443 1,300 11 1,466 1,465 1,501 1,500 1,443 Adjusted EBITA 232 210 11 1,300 1,328 1,241 1,257 1,264 1,212 % of sales 16.1 16.1 – 1,000 Operating profit 184 1
Slide 7: Aggregates: strong orders and performance
Aggregates: strong orders and performance EUR million • Orders received EUR 307 million (EUR 294 million) ◦ +10% in constant currencies 500 16.0 16.0 16.2 15.6 ◦ Growth driven by European market 14.1 400 ◦ Equipment orders +7%, aftermarket +1% 400 331 320 330 307 309 307 • Sales EUR 330 million (EUR
Slide 8: Minerals: strong aftermarket orders and stable margin
Minerals: strong aftermarket orders and stable margin EUR million • Orders EUR 1,194 million (EUR 1,173 million) 1,500 18.0 ◦ +5% in constant currencies 17.1 16.8 16.5 17.1 ◦ Aftermarket orders grew by +5% 1,173 1,194 ◦ Two major equipment orders 1,066 1,113 1,011 1,019 984 1,000 906 910 936 • Sales
Slide 9: The Board proposes an increase in dividend
The Board proposes an increase in dividend Dividend proposal of EUR 0.40 EUR 0.50 • Proposed dividend is 69% of EPS 0.40 0.38 * 0.40 0.36 from continuing operations 0.30 0.30 • Two payments: EUR 0.20 in May 0.20 0.24 0.20 and EUR 0.20 in October 0.10 • Total payout EUR 331 million 0.00 2020 2021 202
Slide 10: Financials in detail
02 Financials in detail Pasi Kyckling CFO
Slide 11: Group Income Statement
Group Income Statement EUR EUR million Q4/2025 Q4/2024 Q1-Q4/2025 Q1-Q4/2024 0.20 Sales 1,443 1,300 5,240 5,026 0.17 Adjusted EBITA 232 210 829 830 0.15 0.14 0.14 Operating profit 184 172 735 749 0.13 0.13 Net financial expenses -30 -24 -99 -80 0.10 Profit before taxes 153 149 636 670 Income taxes -
Slide 12: Financial position
Financial position EUR million Dec 31, 2025 Dec 31, 2024 • Average interest rate of loans and derivatives 3.3% Liquid funds 501 431 • Available credit facilities ◦ EUR 700 million undrawn committed syndicated Net debt 1,092 1,173 revolver ◦ EUR 600 million commercial paper program Net debt/EBITDA, l
Slide 13: Strong cash flow from operations
Strong cash flow from operations EUR million Q4/2025 Q4/2024 Q1-Q4/2025 Q1-Q4/2024 EUR million Cash flow from operations 1,100 Profit for the period 104 158 427 330 974 1,000 Adjustments: 900 Depreciation and amortization 48 42 186 165 800 Financial expenses, net 30 24 99 80 700 600 576 Income taxes
Slide 14: Strategy execution and outlook
03 Strategy execution and outlook Sami Takaluoma President and CEO
Slide 15: Strategy execution
Strategy execution ◦ Acquisitions ◦ MRA Automation ◦ Divestments ▪ Ferrous business ◦ Loading and hauling business ◦ ◦ Investments ◦ New rubber products plant in China ◦ New sustainability targets ◦ February 12, 2026
Slide 16: 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 17: Q&A
04 Q&A
Slide 18: Partner for positive change
Partner for positive change metso.com 18 Thursday, October 10, 2024