Moody's Investors service has upgraded the long-term rating of Metso Corporation to Baa2 from Baa3. The rating outlook is considered stable.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26,000 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, tel. +358 20 484 3195
Johanna Sintonen, Vice President, Investor Relations, Metso, tel. +358 20 484 3253
Executive Vice President and CFO
Helsinki Stock Exchange
New York Stock Exchange