Metso: Finnish Equipment Supplier Benefits from Copper Boom and Rising Mining Investments
Reading Time: 3 minutes
The Finnish Metso Corp. develops and sells equipment, technologies, and services for the global mining, aggregates, and metal processing industries. Metso increases orders in Q2 by 18% and expands its order backlog to €3.66 billion. Orders for mining equipment rose by 50%. Profitability shows a noticeable improvement. Electrification and data centers provide good growth prospects. The share price of Metso Corp. has increased by 63% over the last 12 months and recently attempted to continue the trend with a new all-time high of €18.23...
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