Edward Hussey's questions to Outotec (OUKPY) leadership • Q1 2025
Question
Edward Hussey of UBS Group AG questioned the dynamic between brownfield and greenfield projects and their respective exposure to tariffs, the materiality of the U.S. in the equipment pipeline, and the drivers behind Metso's margin resilience and potential H2 operating leverage.
Answer
President and CEO Sami Takaluoma explained that greenfield projects are more susceptible to tariff-related uncertainty than brownfield. He stated the U.S. constitutes about 15% of business but that other regions are currently more active 'hotspots'. He attributed margin resilience to a deeply embedded culture of cost control, making it 'sticky', and confirmed operating leverage would increase with higher H2 sales, without providing specific figures.