Fiserv earnings missed by $0.61, revenue fell short of estimates
Investing.com -- Metso Oyj (HE:METSO) share soar 8.6% on Thursday after it reported third-quarter 2025 results that surpassed expectations across all key metrics, with adjusted EBITA coming in 10% ahead of consensus estimates.
The Finnish mining equipment manufacturer posted sales of €1,328 million, representing a 10% year-over-year increase. Original equipment sales grew 17% to €621 million, while service sales rose 4% to €707 million.
Adjusted EBITA reached €222 million, exceeding analyst expectations by 10%, though the margin contracted slightly by 10 basis points to 16.7%. The company’s net debt decreased 2% year-over-year to €1,135 million, with leverage improving from 1.5x to 1.3x.
The Minerals division, Metso’s largest segment, delivered sales of €1,019 million, up 10% compared to analyst estimates. The division’s adjusted EBITA margin reached 18.0%, despite aftermarket sales representing only 60% of mining revenue – the lowest level since the third quarter of 2023.
Metso’s Aggregates segment reported sales of €309 million, with orders increasing 8% year-over-year (9% organically) and adjusted EBITA growing 6% to €48 million. The segment’s margin decreased 50 basis points to 15.6%.
Order intake across the group rose 2% year-over-year (6% organically), coming in 5% above consensus forecasts.
The company maintained its market outlook, expecting activity in both Minerals and Aggregates to remain at current levels. Metso highlighted ongoing customer momentum in approving investment projects, particularly small and medium-sized initiatives, while noting that larger investments are progressing with some timing uncertainty.
Metso also cautioned that tariff-related "turbulence" could potentially impact global growth and market activity.
Analysts at Jefferies maintain a Hold rating on Metso with a price target of €12.60, representing 4% upside from the current share price of €12.15.
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