Metso Outotec Corp (OUKPF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Good morning, everyone. This is Juha from Metsos Investor Relations. And it's my pleasure to welcome you to this conference call where we discuss our third quarter 2025 results that were published earlier this morning. The results will be presented by our president and CEO Sami Takaluoma and CFO Pasi Schyckling. And after that, we will have a Q&A session. And as usually, we try and limit the length of this call to 60 minutes. Before we go, I want to remind about the forward-looking statements that will be made in this call. And I think without further ado, it's time to hand over to President and CEO Sami Takalom. Sami, please go ahead. Thank you, Juha. And good morning, good afternoon also from my side. Without further ado, let's start to look for the Q3 highlights. The market activity was very much in line with our expectations. And that also resulted us then to deliver healthy order growth. We had also strong sales growth for the Quartal and our adjusted EBITDA was good, normal, strong. And for this Quartal, cash generation was very solid and gave us quite a clean sheet for the Q3. Looking more then from the group perspective of the key figures, so orders received growth compared to the previous Q3 last year was 2%. And as we have highlighted in the Q3 24, we did have significant large mineral scapex orders that we did not have in the Q3 25. Sales growth was then 10% compared to the previous quarter last year, and adjusted EBITDA grew by 9%. All in all, the EBITDA as second quarter was having this dip, so we are now back in the normal METSO EBITDA numbers. Looking for our two segments, let's start from the aggregates. We had a healthy orders growth coming in the quarter, 280 million euros. That is 13% in constant currencies. This growth was mainly d...