Metso plans efficiency measures in minerals business area
Metso Corporation has restated its comparative figures for the Group and Minerals segment following the reclassification of its Metals & Chemical Processing business as part of continuing operations. This reclassification, announced on May 30, 2025, and effective as of July 1, 2025, has significant implications for the company's financial reporting and investor relations.
Previously, both the Metals & Chemical Processing and Ferrous & Heat Transfer businesses were classified as discontinued operations since October 2, 2023. However, with the divestment of the Ferrous business to SMS group on May 30, 2025, the Metals & Chemical Processing business was reclassified as continuing operations. This reclassification has led to the restatement of income statement items, assets, and liabilities into continuing operations.
The restated segment information for the financial year 2024 and the first half of 2025 is now available and includes adjustments for depreciation and amortization of fixed assets and right-of-use assets. These changes are reflected in segment reporting under the Minerals segment.
Metso Corporation's Vice President of Investor Relations, Juha Rouhiainen, stated that the reclassification aims to provide a more accurate representation of the company's financial performance. The restated figures will help investors better understand the company's operational health and financial position.
Metso, headquartered in Espoo, Finland, is a leading provider of sustainable technologies and end-to-end solutions for the aggregates, minerals processing, and metals refining industries globally. The company's reclassification efforts underscore its commitment to transparency and accuracy in financial reporting.
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