MetsoNews2002METSO'S THIRD QUARTER RESULT WILL REMAIN BELOW THE ESTIMATE
Stock Exchange release September 26, 2002 03:27:08 PM CET
METSO'S THIRD QUARTER RESULT WILL REMAIN BELOW THE ESTIMATE
Metso Corporation's third quarter operating profit is estimated to remain below half of the corresponding period last year. Deliveries during the second half of 2002 will accentuate even more than earlier estimated on the last quarter. The fourth quarter operating profit is still expected to exceed last year's corresponding period. The order intake for the third quarter is estimated to continue satisfactory.
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket and services. The corporation's core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2001, the net sales of Metso Corporation were EUR 4.3 billion and the personnel totaled approximately 30,000. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.