Moody's Investor Service has upgraded the long-term credit ratings of Metso Corporation to Baa3 from Ba1. The outlook on ratings is considered stable.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
For further information, please contact:
Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso Corporation,
tel. +358 204 84 3195
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253