Metso approved its new business strategy

(image courtesy of AGG-Net)

(image courtesy of AGG-Net)

Metso’s Board of Directors has decided on the Group’s new operating model and organization, effective from January 1, 2018. During recent years, Metso has successfully maintained a strong financial position. Its next value creation opportunities will come from profitable growth, backed up by a positive market development
The new organization is designed to accelerate Metso’s strategy implementation by strengthening its service and product businesses in the minerals and flow control markets. Growth will primarily be sought organically, but also through acquisitions. Metso’s new business areas will be mining equipment, aggregates equipment, minerals services, minerals consumables, recycling, valves and pumps. The heads of the business areas will report to Metso’s President and CEO Nico Delvaux; moreover, the Group’s current reporting segments, Minerals and Flow Control, remain unchanged.