Metso Outotec publishes positive profit warning
Metso Outotec Corporation, Insider information, on July 27, 2020, at 8:30 a.m. EESTMetso Outotec publishes preliminary information on its second-quarter results, which according to the information available to the company, seem to be better than market expectations. The good development during the second quarter has resulted from the mining industry being relatively less affected by Covid-19, healthy product margins and delivery capabilities as well as rapid and successful cost saving actions. These had a positive impact to sales and adjusted EBITA. Operating profit (EBIT), however, has