Metso Oyj reported second-quarter profit more than doubled to 128 million euros from 63 million euros a year earlier, while orders received increased 18 percent to 1.462 billion euros. Sales rose 6 percent to 1.334 billion euros, driven mainly by the Minerals aftermarket business. Adjusted EBITA increased 21 percent to 221 million euros, corresponding to a margin of 16.6 percent. The company expects market activity in both Minerals and Aggregates segments to remain at current levels over the next six months. Metso shares gained around 5.32 percent in Helsinki, trading at 16.43 euros.
Metso Outotec CorpSecond-quarter profit more than doubled, orders up 18%, sales up 6%, adjusted EBITA up 21%.