Metso Q2 orders rise 6% despite flat sales

The Lokotrack LT400J. (PHOTO: Metso)

The rise was supported by strong equipment demand, particularly in North America and Europe, and a healthy quotation pipeline, the company said.

Sales were broadly unchanged at €1.21 billion, with a 1% gain in Minerals offset by a 3% drop in Aggregates.

Adjusted EBITA fell 16% to €171 million, or 14.1% of sales, reflecting what it said was a weaker sales mix, temporarily higher costs, and expenses linked to the implementation of a major ERP upgrade. 

President and CEO Sami Takaluoma said market activity “met expectations” and that tariff-related uncertainty had so far been managed effectively, demonstrating Metso’s “strong global presence and resilience.”

He noted solid customer demand in services, though service sales were down 3% year-on-year in Q2.

During the quarter, Metso agreed to sell its Ferrous business to SMS Group and completed the acquisition of Swiss Tower Mills Minerals.

In early July, it signed an agreement to acquire TL Solution, closed the purchase of a Chinese screen business, and announced new investments in service and manufacturing facilities in Canada and Romania.

For the first half of 2025, orders rose 5% to €2.65 billion, while sales slipped 2% to €2.39 billion. Adjusted EBITA declined 10% to €364 million.

Metso expects market activity in both Minerals and Aggregates to remain at current levels in the months ahead, though tariff-related turbulence could impact global economic growth.