Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the first quarter of 2013.
Accordingly, in the first quarter the operating profit of Outotec increased to €31.7 million, up 14.85 percent year on year, while its sales revenues rose 22.5 percent to €502.9 million compared to the same quarter of the previous year. Meanwhile, Outotec's order intake was €491.1 million in January-March, rising by 15.4 percent year on year.
Outotec stated that its business outlook for 2013 is solid, despite the macroeconomic uncertainties and the changes in the market dynamics. The company's sales guidance for 2013 remains at approximately €2.1-2.3 billion.
According to Outotec, environmental investments will further increase as governments are paying more and more attention to the necessity of sustainable development, also in developing markets.