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Sat04192014

Last updateThu, 17 Apr 2014 1pm

Back You are here: Home News Industry Headlines Valve Manufacturing Metso Releases 2012 Full Year, Quarter Results

Valve Manufacturing

Metso Releases 2012 Full Year, Quarter Results

New orders at Metso worth €6,865 million were received during 2012 (€7,961 million). Orders received by the services business increased 5% and were €3,264 million, i.e. 49% of all orders received (€3,100 million and 40%). Net sales increased 13% from 2011 and were €7,504 million (€6,646 million). Services business net sales increased 11% and totaled €3,174 million, i.e. 44% of total net sales (€2,871 million and 45%).

In the last quarter new orders totaled €1,699 million (€1,313 million). Orders received increased in all reporting segments. Orders received by the services business increased strongly, by 11%, and were €741 million, i.e. 45% of all orders received (€669 million and 54%).

Demand for Metso’s process automation systems and flow control products and services is expected to remain good. Strong demand in the oil and gas industry is expected to offset continuing softness in the pulp and paper industry.

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