Metso Corporation · OMXHEX:METSO
Metso — Metso Outotec — Q1 2026 Earnings Presentation
18 slides from Metso's earnings presentation, Apr 22, 2026
Slide 1: Q1/2026 results
Q1/2026 results Sami Takaluoma, President and CEO Pasi Kyckling, CFO April 22, 2026 April 22, 2026
Slide 2: Agenda
Agenda Q1 performance Strategy progress and outlook Metso's strategy 2030: Financials and cash flow We go beyond. Q&A April 22, 2026
Slide 3: Q1 performance
Q1 performance Sami Takaluoma President and CEO April 22, 2026
Slide 4: Strong orders and solid margin in Q1
Strong orders and solid margin in Q1 Orders received Sales 1,555 million 1,252 million +6% YoY +3% YoY +10% organic in constant +5% organic in constant currencies currencies Adjusted EBITA Operating cash flow 203 million 78 million in Q1 +5% YoY 856 million rolling 12 months 16.2% margin April 22, 2
Slide 5: Strong order intake kicks off the year
Strong order intake kicks off the year Target 18% 16.7 16.8 18.0 16.7 • Book-to-bill at 1.24 (1.21) 16.4 16.1 15.9 16.1 16.2 1,800 • Order growth strongest in 14.5 15.0 1,555 Aggregates equipment and 1,500 1,466 1,465 1,501 1,443 1,383 Minerals aftermarket 1,264 1,251 1,300 1,264 1,328 12.0 1,2371,2
Slide 6: Strategy execution focuses on high-value growth
Strategy execution focuses on high-value growth • Investment in a rubber products plant in China • Acquisition of MRA Automation • Partnership with Loesche to introduce VRM dry-grinding technology • Completion of divestments of the Ferrous and Loading and Hauling businesses • Completion of the ERP r
Slide 7: Outlook unchanged; stable activity expected
Outlook unchanged; stable activity expected Market activity in both Minerals and Aggregates expected to remain at the current level. Geopolitical turbulence could potentially affect global economic growth and market activity. According to the company's disclosure policy, Metso’s market outlook descr
Slide 8: Financials and cash flow
Financials and cash flow Pasi Kyckling CFO April 22, 2026
Slide 9: Healthy order and sales development
Healthy order and sales development Order bridge 2,000 69 77 2 1,555 1,465 14 -10 -61 EUR million 1,000 0 Q1/2025 Minerals Minerals Aggregates Aggregates Currency Structural Q1/2026 equipment aftermarket equipment aftermarket impact changes Sales bridge 2,000 54 3 17 17 1,252 EUR million 1,212 1,000
Slide 10: Adj. EBITA improvement driven by sales growth
Adj. EBITA improvement driven by sales growth Adjusted EBITA 400 EUR million 13 25 203 192 200 -12 -16 0 Q1/2025 Volume Gross margin Selling, general Other* Q1/2026 and administrative expenses Earnings per share, continuing operations 0.20 0.17 0.16 0.16 0.16 0.13 0.14 0.13 0.14 0.14 0.15 EUR 0.10 0
Slide 11: Lower cash generation in Q1
Lower cash generation in Q1 Cash flow from operations, Y-o-Y 12-month cash flow and cash conversion 250 2000 125% 106% 196 6 99% 200 93% 100% 1500 -6 74% EUR million 150 69% 70% EUR million 974 75% 63% 63% 1000 895 856 54% 100 686 597 576 615 610 50% 78 506 500 -118 50 25% 0 0 Q Q Q Q Q Q Q Q Q 1/ Q
Slide 12: Strong balance sheet supports strategy execution
Strong balance sheet supports strategy execution 1,500 2.5 • Net debt / EBITDA: 1.2 1,285 1,250 • Strong liquidity 1,156 1,173 1,135 1,092 1,126 2.0 1,070 ◦ Cash and cash equivalents EUR 416 million 1,036 1,000 ◦ Unused committed credit facility EUR 700 1.5 1.5 Target EUR million 825 million 1.2 1.3
Slide 13: Aggregates: all-time high order intake
Aggregates: all-time high order intake • Orders received EUR 440 million (EUR 400 700 17.0 18.0 million) 16.6 16.1 16.0 16.0 16.2 16.0 Target 17% 15.6 ◦ +17% organic growth in constant 600 14.1 15.0 currencies ◦ Strong activity in North America and 500 440 12.0 Europe 400 EUR million ◦ Equipment ord
Slide 14: Minerals: aftermarket order growth, stronger margin
Minerals: aftermarket order growth, stronger margin • Orders EUR 1,115 million (EUR 1,066 million) Target 20% 20.0 18.1 18.0 ◦ +8% organic growth in constant currencies 1,500 17.3 17.6 17.1 17.1 16.8 17.1 18.0 16.5 ◦ Aftermarket orders +7% 16.0 1,173 1,194 ◦ Aftermarket share 66% (64%) 1,200 1,113 1
Slide 15: Summary
Summary • Solid start to the year with strong orders and backlog • Heightened geopolitical uncertainty remains a risk • Strategy execution progressing well April 22, 2026
Slide 16: 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 17: Q&A
Q&A April 22, 2026
Slide 18: Partner for positive change
Partner for positive change metso.com 18 Thursday, October 10, 2024