Finnish mining and metal manufacturing equipment provider Outotec has announced that it has raised its sales guidance for 2011 to approximately €1.35-1.45 billion. Outotec had previously estimated that its sales in the current year would grow to approximately €1.25-1.35 billion.
Outotec expects sales to grow in 2011 based on strong order intake in the given period and good progress in project execution. Outotec's January-August 2011 order intake is approximately €1.4 billion and it has also announced orders worth approximately €170 million in September