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Metso Outotec’s restated financial information for 2021 according to the new segment structure
Metso Outotec publishes restated segment information for 2021, following the previously announced changes in its segment structure. The company announced on January 17, 2022, that it will transfer its Hydrometallurgy business from the Metals segment to the Minerals segment and commence a strategic review in the remaining Metals business area. The target of the review is to evaluate the best environment for developing the Metals business and its strategic fit in Metso Outotec’s business portfolio.
Metso Outotec publishes restated segment information for 2021, following the previously announced changes in its segment structure. The company announced on January 17, 2022, that it will transfer its Hydrometallurgy business from the Metals segment to the Minerals segment and commence a strategic review in the remaining Metals business area. The target of the review is to evaluate the best environment for developing the Metals business and its strategic fit in Metso Outotec’s business portfolio.
The attached excel and pdf files include the restated financial information for 2021 according to the new reporting structure. In addition to changes in the Minerals and Metals segments, small changes have been made in the Aggregates segment that relate to the recently acquired McCloskey and P.J. Jonsson och Söner businesses. As a result, part of the Aggregates business that had previously been reported under the equipment business, has been reclassified and reported as services.
These restatements had no impact on the Group’s total figures. The restated figures are unaudited.
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.
Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec