Outlook and disclosure policy
Metso publishes its outlook every year and provides updates on the outlook when necessary. The disclosure policy is approved by the Board of Directors.
Outlook for 2017
February 3, 2017
Metso’s overall trading conditions are expected to be slightly better than in 2016. Demand for our products and services in 2017 is expected to develop as follows:
- Remain weak for mining equipment and satisfactory for mining services.
- Improve to good for aggregates equipment and services (previously: satisfactory both for equipment and services)
- Remain satisfactory for Flow Control products related to customers’ new investments and satisfactory for Flow Control services, with some positive signs seen in the oil & gas markets in the beginning of the year.
At the end of December 2016, our backlog for 2017 totaled approximately EUR 1.2 billion. In the current market conditions, we continue to expect some postponements to planned delivery timetables. Negative adjustment items from restructuring programs initiated in 2016 are expected to be EUR 10-15 million. Capital expenditure excluding acquisitions is expected to increase compared to 2016 but remain below depreciation and amortization.
Metso follows the principle of equality in its investor communications and aims to give all market participants simultaneous and timely access to the information they need so that they can determine the value of the Metso shares in an informed manner.
Metso follows the rules and recommendations of the Nasdaq OMX Helsinki exchange, as well as the regulation set forth in the Finnish Companies Act and Finnish Securities Markets Act and other relevant laws and the standards of the Financial Supervision Authority (FSA) in Finland.
Disclosure policy is approved by the Board of Directors. The policy describes the main principles and practices of stock exchange communications according to which Metso communicates with its key stakeholders. The purpose of the disclosure policy is to promote the reliability and consistency of the disclosure methods used and to describe the decision-making procedures involved in disclosure.