Strategy and must-wins
A strategy for value creation and growth
Metso's strategic goal is long-term sustainable and profitable growth. Our comprehensive product and services offering, extensive installed equipment base and strong global presence provide an outstanding foundation for implementing our strategy and further developing Metso. Our ambition is to be the leading technology and service provider in all our businesses.
We are pursuing growth both organically and through complementary acquisitions. We strive for improved profitability and return on capital by focusing on developing the cost and capital structures of our core businesses and by improving the financial performance of our least profitable businesses or divesting them.
The strategic challenges that affect all our businesses are crystallized in five must-wins:
- strong development of the services business,
- strengthening our presence in growth countries,
- retaining our technology leadership and developing our offering for local needs,
- developing a global operating model, and
- creating a working environment that enables our people to succeed.
The must-wins aim to maximize our value creation and to support the implementation of the strategy.
Balanced business portfolio
To ensure our continued profitable growth and value creation and to gain the critical size needed to be competitive, we have made strategic choices to focus our business portfolio. Metso will focus its resources on businesses in which it can achieve a strong global market position and in which services and the right application of technology in different markets, close to the customers, are the decisive competitive factors. This solution offers opportunities for growth and improved profitability, creating added value both in the short term and long term.