by Science Based Targets initiative. The greenhouse gas emission targets are part of our new Climate Program.
Annual Report 2019
Operating profit (+19%)
Earnings per share
A year of transformation and growth
Year 2019 was successful for Metso, as financial performance, safety, and customer and personnel engagement clearly improved from 2018. Metso continued to implement its profitable growth actions, while making significant changes in its portfolio strategy. This resulted in a transformational plan to combine Metso’s Minerals business with the Outotec Group and to create an independent listed company from the Flow Control business and rename it as Neles. Organic growth was healthy in all businesses, and the improved operational efficiency resulted in top-line growth and higher profitability for the Group.
Our customer-centric approach
We have a customer-centric business model that helps us best serve our customers globally. This model requires continuous development of both internal and external supply chains, as well as the development of products and services for different customer segments.
Our approach to sustainability
We want to be a responsible and trusted partner bringing sustainable productivity to our customers. This means that we do things efficiently and responsibly in terms of the environment, safety and the wellbeing of people and the economy. The three dimensions are critical throughout our value chain, from procurement to end product. By innovating new and better technologies and changing current ways of operating, we help to create a more sustainable future. Metso’s sustainability agenda and related action plans and targets are aligned with the UN Sustainable Development Goals (SDGs). One of the highlights in 2019 was our new climate targets for the most significant sources of emissions:
#CustomerSuccess – Highlights of customer results
and gains 15 extra days of plant operation. Jindal Steel and Power Ltd. (JSPL) is one of India’s largest steel producers.
Based on its availability service agreement, Terrafame’s multi-mineral mine in Finland gets new valves delivered within six hours.
Maintenance costs halved with slide base at Greenfields mill, Australia