Metso Corp (OTCPK:OUKPY)
$ 4.595 -0.105 (-2.23%) Market Cap: 7.61 Bil Enterprise Value: 8.83 Bil PE Ratio: 21.78 PB Ratio: 3.02 GF Score: 67/100

Q1 2019 Outotec Oyj Earnings Call Transcript

May 08, 2019 / 11:00AM GMT
Release Date Price: $4.91
Operator

Hello, and welcome to the Outotec Q1 Interim Report 2019. (Operator Instructions) Today, I'm pleased to present CEO, Markku Teräsvasara; and CFO, Jari Ãlgars. Speakers, please begin.

Markku TerÃ;svasara
Outotec Oyj - Chairman of Executive Board, President & CEO

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Thank you. Good afternoon, and welcome to Outotec's quarter 1 result release. It has been a promising quarter with improving market sentiment and strong service growth.

Now let's look at the more -- the quarter more in details. While customers continue to focus on improving existing operations, we also see some large accretive projects moving ahead. Market continues strong for mineral processing equipment and hydrometallurgical plant, but now also some [accretive] projects are moving ahead. And we have improving workload in Metals, Energy & Water engineering from a number of basic engineering projects.

So where the demand is coming from? Battery metals continue to be active and we are involved in most of the lithium projects globally. We also are well

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