Metso Outotec Oyj

METSO

FI0009014575

Heavy Machinery & Vehicles

Market Closed - Nasdaq Helsinki Other stock markets 11:29:32 2024-04-24 am EDT			Pre-market 02:49:58 am
10.9 ^EUR	-1.58%		10.9	0.00%

Apr. 18	Metso to Install Circularity Recycling System in Chile Factory	MT
Apr. 17	Canada Nickel's NetZero Metals Awards Engineering Contracts, Advances Engineering Studies On Two Processing Facilities	MT

Outotec Oyj : completes divestment of certain sludge incineration technologies

May 28, 2020 at 09:06 am EDT

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Outotec completes divestment of certain sludge incineration technologies

Outotec completes divestment of certain sludge incineration technologies

OUTOTEC OYJ PRESS RELEASE MAY 28, 2020 AT 4:00 PM

Outotec completes divestment of certain sludge incineration technologies

Following the announcement on December 10, 2019 to divest three businesses, Outotec has concluded an agreement to sell certain municipal and industrial sludge incineration plant technologies to Küttner Martin Technology GMBH, based in Germany.

The transaction entails technology and references. The parties have agreed not to disclose the value of the transaction.

Further information:

OUTOTEC

Kalle Härkki, President - Metals Refining business unit
tel. +358 20 529 2901

Jari Ålgars, CFO
Tel. +358 20 529 2007

e-mails firstname.lastname@outotec.com

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Outotec Oyj published this content on 28 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2020 13:05:00 UTC

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Company Profile

Metso Outotec Oyj specializes in the design, development, construction and maintenance of factories and equipment intended for the metallurgy and mining industries. Net sales break down by activity sector as follows: - mining (63.5%): crushing machines, screening machines, handling equipment, etc. ; - aggregates industry and quarrying (27.3%): production plants, stations, modules and equipment, crushing and screening equipment, handling equipment, etc.; - metal refining and processing (9.2%): extraction sites, non-ferrous concentrate baking units, copper, nickel, zinc, lead and precious metals foundries and refineries, grinders, floating machines, control and analysis systems, separators, iron processing into small balls units, etc. Net sales are distributed geographically as follows: Finland (1.5%), Europe (21%), North and Central America (22.9%), Asia/Pacific (22.4%), South America (17.3%), Africa/Middle East/India (14.9%).

Sector

Heavy Machinery & Vehicles

Calendar

02:00am - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

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METSO CORPORATION : FY24: easier to run with no rocks in your shoe

February 19, 2024 at 11:00 am EST

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ESG Refinitiv

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OUTPERFORM

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10.9 EUR

Average target price

11.82 EUR

Spread / Average Target

+8.45%

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METSO

FI0009014575

Heavy Machinery & Vehicles

Outotec Oyj : completes divestment of certain sludge incineration technologies

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