Metso’s overall Minerals and Aggregates market activity in Q2 2025 remained at the same level as the previous quarter.
The Finnish quarrying and mining equipment and linked technology solutions major’s orders increased 6% to €1,234 million (€1,162 million); Aggregates +5% and Minerals +7%. Sales were flat at €1,213 million (€1,214 million); Aggregates -3% and Minerals +1%.
Further quarterly trading figures saw Metso Adjusted EBITA reach €171 million, or 14.1% of sales (€205 million, or 16.9%). Operating profit was €173 million, or 14.2% of sales (€195 million, or 16.1%). Cash flow from operations was €147 million (€152 million).
Metso President and CEO Sami Takaluoma said: “Market activity in the second quarter met expectations, and the positive trends observed from the beginning of the year continued in both the Minerals and Aggregates markets. To date, we have been able to manage the uncertainties related to tariffs and their impact on our business, demonstrating our strong global presence and resilience to evolving circumstances.
“Our profitability did not reach the levels we reported during the previous periods, as adjusted EBITA margins of both segments were lower. This was largely due to sales mix and temporarily higher costs. The negative impact of the sales mix was greater than usual due to a decline in services sales. In addition, we successfully implemented a major ERP upgrade go-live, marking a significant milestone in a project which is expected to deliver substantial long-term benefits. However, to finalise the implementation, we incurred additional costs that had a negative impact on our profitability in the second quarter.
“During the second quarter, we agreed on the sale of our Ferrous business to SMS group. The Ferrous business has been reported as discontinued operations. We also advanced initiatives to strengthen our offerings and customer service. At the beginning of April, we completed the acquisition of Swiss Tower Mills Minerals, reinforcing our position as a leading provider of energy-efficient grinding solutions. In early July, we signed an agreement to acquire TL Solution, bolstering our mill lining recycling offerings, and closed the acquisition of a screen business in China. Additionally, we announced the construction of a new service center in Western Canada and a new screening plant in Romania. Both investments will enhance our position and service capabilities close to our customers.
“As indicated earlier, we will complete our strategy review in the coming months and present it during the second half of the year. Metso is well-placed to grow and generate value for customers in both the aggregates and minerals markets. I am confident that our future will be beneficial to all our stakeholders.”
Metso expects market activity in both Minerals and Aggregates to remain at the current level. Tariff-related turbulence could potentially affect global economic growth and market activity.
In its previously published outlook, Metso expected the market activity in both Minerals and Aggregates to remain at the current level.
According to the company’s disclosure policy, Metso’s market outlook describes the expected sequential development of market activity, adjusting for seasonality, during the following six-month period using three categories: improve, remain at the current level, or decline.
