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Metso doubles order intake but supply chain problems weigh on sales

Metso also updated its carbon emissions target, saying it now aims to reach net-zero by 2030 instead of a 50% reduction. ....

Pekka Vauramo , Erkki Vesola , August Metso , Its July September , Executive Pekka Vauramo ,

Metso doubles order intake but supply chain problems weigh on sales

Finnish mining equipment maker
Metso Outotec on Tuesday reported strong growth in
orders but its quarterly core earnings missed forecasts as sales
were hurt by logistic bottlenecks and a component. | November 2, 2021 ....

Eteläuomen Läi , Emelia Sithole Matarise , Pekka Vauramo , Erkki Vesola , August Metso , Essi Lehto , Kirsten Donovan , Metso Outotec , Executive Pekka Vauramo , Metso Outotec Oyj Stock Exchange , Press Release , Nd Mocorp Fi0009014575 ,

Wärtsilä Forecasts Q4 Surge In Demand, Shares Jump

Finnish engineering group Wärtsilä forecast a surge in demand for its products in the final three months of the year, sending… ....

Hakan Agnevall , Erkki Vesola , Royal Caribbean , Executive Hakan Agnevall ,

UPDATE 3-Finland's Wartsila shares hit year high after first quarter orders surprise


By Reuters Staff
(Adds CEO comments, share repurchase)
HELSINKI, April 22 (Reuters) - Shares in Finland’s Wartsila soared more than 16% to a 14-month high on Thursday after the marine and energy equipment maker surprised investors with stable orders for the first quarter despite sales and profit that missed forecasts.
The company reported first-quarter order intake flat at 1.2 billion euros ($1.45 billion) from a year ago with the pace of global vaccinations providing cautious optimism about a recovery in its marine markets. It said it expected a rebound in core energy markets to take longer.
Wartsila shares had risen by 16.1% to 10.39 euros at 1006 GMT, after hitting a session high of 10.44 euros, which was the highest level since February 2020. ....

Eteläuomen Läi , Hakan Agnevall , Erkki Vesola , Essi Lehto , Edmund Blair , Michael Kahn , Thomson Reuters Trust Principles , Executive Hakan Agnevall , Thomson Reuters Trust , எஸ்ஸி லெஹ்டோ , எட்மண்ட் பிளேயர் , மைக்கேல் கான் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,