Metso's Half-Year Review January 1 - June 30, 2018

Metso's Half-Year Review January 1 - June 30, 2018 Metso Corporation, Stock Exchange Release, July 26, 2018 at 09:00 a.m. EEST This is a summary of Metso's January 1 - June 30, 2018 Half-Year Review. The complete report is attached to this release and is also available at www.metso.com/latestreports. Figures in brackets refer to the corresponding period in 2017, unless otherwise stated. April-June 2018 in brief Healthy activity in all markets Orders received increased 14%, or 22% in constant currencies, to EUR 853 million (749 million) Services orders grew 7%, or 15% in constant currencies, to EUR 463 million (431 million) Sales grew 15%, or 23% in constant currencies, and totaled EUR 776 million (675 million) Services sales grew 10%, or 18% in constant currencies, and totaled EUR 442 million (403 million) Adjusted EBITA was EUR 91 million, or 11.7% of sales (70 million, or 10.4%) Operating profit (EBIT) up 45%, totaling EUR 86 million, or 11.1% of sales (60 million, or 8.9%) Earnings per share were EUR 0.38 (0.24) Free cash flow was EUR 21 million (4 million) January-June 2018 in brief Orders received increased 16%, or 23% in constant currencies, to EUR 1,712 million (1,482 million) Services orders grew 8%, or 16% in constant currencies, to EUR 954 million (882 million) Sales grew 13%, or 20% in constant currencies, and totaled EUR 1,490 million (1,322 million) Services sales grew 10%, or 18% in constant currencies, and totaled EUR 864 million (786 million) Adjusted EBITA was EUR 176 million, or 11.8% of sales (136 million, or 10.3%) Operating profit (EBIT) up 40%, totaling EUR 167 million, or 11.2% of sales (119 million, or 9.0%) Earnings per share were EUR 0.71 (0.47) Free cash flow was EUR 23 million (43 million)

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