"Since stepping into the leadership role in November, I have met a large number of customers, investors, and
Metso colleagues from all over the world and I’m deeply impressed by the enthusiasm they have demonstrated towards Metso. Indeed, the company plays a key role in responding to the megatrends that keep affecting and shaping our customer’s world, like electrification, urbanization, digitalization and scarcity of natural resources.
I want to express my heartfelt thanks to our customers, shareholders, business partners and all Metsonites for yet another successful year for Metso. As we look ahead, I am excited about the opportunities that lie before us and I’m convinced that together we will continue to innovate, grow and lead the industry that plays a crucial role in enabling the modern world." Sami Takaluoma, President and CEO.
5,140 EUR MILLION
ORDERS RECEIVED
4,863 EUR MILLION
SALES
58%
SALES, SHARE OF SERVICES
1,261 EUR MILLION
METSO PLUS SALES
804 EUR MILLION
ADJUSTED EBITA
16.5%
ADJUSTED EBITA %
0.59 EUR
EARNINGS PER SHARE, CONTINUING OPERATIONS
100+ NATIONALITIES
~50 COUNTRIES
~17,000 EMPLOYEES
In 2024, we continued to implement our strategy across all our businesses through four priorities: financial performance, customer success, sustainability and performance culture.
Metso is targeting an adjusted EBITA margin exceeding 17% over the cycle. This aim is driven by the development of our digitally enabled product- and aftermarket-focused business model and related offering, the organic and acquired growth of the services business, as well as the ongoing improvements of productivity and operational efficiency in all our businesses.
In 2024, Metso was able to deliver a solid operational performance despite the challenging market situation. Our key areas for growth include products with high aftermarket potential, sustainable offering, automation and digitalization. We continued organic investments and acquisitions, which will support our growth in the coming years.
We succeed when our customers succeed. This is why customer success remains at the core of our strategy. Our comprehensive end-to-end solutions and services cater for our customers’ whole ore to metals value chain. Our strong innovation and R&D activities and an uncompromising approach to safety benefit our customers. We use Net Promoter Score (NPS®) to measure both overall and transaction-based customer satisfaction of both end customers and distributors. Our consolidated NPS has been increasing consistently since 2020.
We continue to build a thriving performance culture that enables success and strong financial results. Based on the engagement surveys that we use to measure our employee satisfaction, we rank in the top 5% of the industry benchmark. Our People and Culture agenda enables us to build a future-proof organization where our people continuously learn and grow and where we attract and retain talent globally. Safety is at the heart of our behavior and all Metsonites play an important role in keeping people safe, while fostering an inclusive culture that enables everyone to grow and reach their full potential.
Read below about sustainability as our strategic priority.
Our sustainability ambition draws from our purpose of enabling sustainable modern life.
We help our customers achieve their sustainability targets by offering more energy and water-efficient equipment with capability to utilize renewable electricity where feasible, and extending the life of equipment as well as keeping materials in circulation. This also helps in reducing carbon emissions.
At the core of our offering are the Metso Plus products and services that can help our customers achieve their climate, water, recyclability or other sustainability goals. Our sustainable Metso Plus offering has been designed to deliver customers more performance to where it’s most needed. In 2024, we launched close to 25 new products into the portfolio of over 100 Metso Plus products.
Metso has set a target to reach net zero CO2 emissions in its own operations by 2030, and progress towards this goal is closely monitored.
To achieve net zero, we are actively pursuing a range of decarbonization initiatives across our global operations, focusing on reducing our reliance on carbon-based energy sources within our own facilities. Our initiatives include: optimizing our manufacturing processes by consuming less energy and improving overall efficiency; electrification of equipment to transition to cleaner energy alternatives; and prioritizing purchasing energy from low-carbon or carbon-free sources.
