Metso sales decrease as recovery in mining slow to materialise

By Kasia Patel
Published: Friday, 01 August 2014

The company however managed to increase EBITA for the quarter and plans, with its new strategy, to increase profitability by looking at areas of growth, such as the services sector.

Engineering company Metso Corp. reported a 3% decrease in net sales for the second quarter of 2014 as a recovery in the mining industry has been slow to materialise.

Net sales fell to €962m ($1.29bn*) from €988m in Q2 2013, while orders received for the period also declined 2% to...

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