Metso Corporation's stock exchange release on June 8, 2010 at 8:30 a.m. local time
Metso is arranging a Capital Markets Day event for analysts and investors in Kirkkonummi and Pori, Finland today and tomorrow. The focus of the event is on Metso's actions to exploit the opportunities of the recovering market with its sustainable solutions. There will be presentations about the Group, its reporting segments and also independent expert views about the mining and bio-energy markets.
"We have seen the recovery in the global economy to gain momentum and there continues to be positive signs in demand in most of our customer industries. The improving customer capacity utilization rates are supporting our services business and most of our customers are gradually regaining their confidence to increase the level of their investments. We are following the recent financial turmoil in southern Europe, but have so far not seen any material impact of it on our global trading environment," says Jorma Eloranta, President and CEO of Metso Corporation.
"We believe that Metso is today stronger than a year-and-a-half ago. Our development is supported by continued high growth in emerging markets, our strong services business, and increasing demand for our environmental solutions. We have added flexibility to the cost structure and strengthened our financial position. We continue our persistent efforts towards reaching our long-term financial targets," comments Eloranta.
Presentations of Metso management at the Capital Markets Day are available on our website at www.metso.com/investors. Webcasts of the presentations will be available on the same web address on June 8, 2010.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
Further information, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 40 530 0778
Executive Vice President and CFO
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd