Metso Outotec Corp (OUKPF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, good morning everyone. This is Juha from Metsos Investor Relations and warm welcome to our first quarter 26 results conference call where we have our president and CEO Sami Takaloama and CFO Pasi Kykling briefing you about the results. Sami will start with some of the highlights and then Pasi will walk you through financials and cash flows in more detail and after that we are taking your questions. Before we start, a couple of reminders. First of all, we will have our forward-looking statements disclaimer in the presentation deck. And today is our AGM, so it's a busy day, and that's why we are going to limit this call to 50 minutes. So please take that into account and ask as briefly as you can. We would appreciate that. With these words, Sami, over to you. Thank you Juha and good afternoon also from my behalf to everybody. Let's go through the Q1 performance. In a nutshell, strong orders and delivered solid margin during the first quarter of this year. Our orders received amounted 1,555,000,000 This is 6% growth year on year and in organic constant currencies it's 10%. Sales was 1,252,000,000 and this was also growth from last year 3% or in organic constant currencies 5%. Adjusted EBITDA 203,000,000. Growth 5% year on year and representing 16.2 margin relatively. Operating cash flow for the quarter was 78 million and in the rolling 12 months it's representing 856 million of operating cash flow. So I said the order intake for the year was strong and kicked off our year very well and nicely. Our book to bill for the period is 1.24. Improvement from the last year when it was 1.21. Order growth was strongest in the aggregates equipment and minerals aftermarket. Our backlog went up by 6% and this was heavily driven by the aftermarket in our backlog now. S...