Metso and Cat
Metso launched Nordtrack S2.5 powered by Cat C4.4 and published its Annual Report for 2020
We’ll tell you about Metso in this article, first the product, then the 2020 report. For first Nordtrack S2.5 mobile scalping screen, that’s designed for small jobsites and for different applications. It can be used as a pre-scalper or a tertiary screener for up to 450 tph capacity process. It’s powered by Caterpillar C4.4, able to provide 98 kW, Stage V compliant (HERE Metso is quoted about a Volvo Penta engine).
Metso Nordtrack mobile screen and crusher powered by Cat
The same base model with an integrated screen on the chassis, the Nordtrack I908S, was introduced earlier, and it has been one of the best-selling Nordtrack units especially in Europe. «I am very pleased to say that the Nordtrack range has been extremely well received by our customers,» said Vesa Tuloisela, who heads the Nordtrack product offering at Metso Outotec.
And now it’s time to talk about 2020 performances. According to the company report, “Orders received in 2020 totaled EUR 4,150 million, compared to EUR 4,370 million in 2019. Sales totaled EUR 3,897 million (EUR 4,030 million). Lower order and sales volumes resulted from the negative impact of the Covid-19 pandemic on market activity.”
Financial performance
Adjusted EBITA totaled EUR 448 million (EUR 509 million) and adjusted EBITA margin 11.5% (12.6%). The weaker profitability year-on-year resulted from lower volumes, due to Covid-19 as well as the Metals segment turning from a profit to a loss. Operating profit (EBIT) was affected by negative adjustments of EUR 97 million (EUR 46 million negative), which were related to the Metso Outotec transaction and integration costs. In addition, PPA amortization totaled EUR 71 million. EBIT totaled EUR 253 million (423 million) and EBIT margin 6.5% (10.5%). Profit before taxes totaled EUR 201 million (IFRS), and profit for the period totaled EUR 138 million (IFRS). Earnings per share were EUR 0.17 based on the number of outstanding shares at the end of the year of 827,979,202.