Sign in

    Vladimir Sergievskiy • Barclays PLC

    Vladimir Sergievskiy's questions to Metso Oyj (OUKPY) leadership

    Vladimir Sergievskiy's questions to Metso Oyj (OUKPY) leadership • Q1 2025

    Question

    Vladimir Sergievskiy from Barclays PLC asked about price elasticity in the U.S. across business lines, the expected development of the inventory-to-sales ratio, and the impact of FX hedging on Q1 profitability.

    Answer

    President and CEO Sami Takaluoma clarified that the main risk is not from specific product price elasticity but from a potential global slowdown. He noted the inventory reduction program is designed not to harm business. Juha Rouhiainen (IR) specified that FX hedging had a positive EUR 6 million impact in Q1, a significant swing from the negative EUR 8 million a year ago, which is detailed in 'other operating income and expenses'.

    Ask Fintool Equity Research AI

    Vladimir Sergievskiy's questions to Metso Oyj (OUKPY) leadership • Q1 2024

    Question

    Vladimir Sergievskiy asked what drove the significant drop in cost of goods sold, leading to a record gross margin, and inquired about the potential impact of inventory reduction on future gross margins.

    Answer

    CFO Eeva Sipilä attributed the record gross margin to disciplined price management and successful procurement savings initiatives, particularly in the Minerals segment. She assured that inventory reduction would be managed in a 'balanced way' to avoid negatively impacting margins through under-absorption.

    Ask Fintool Equity Research AI

    Vladimir Sergievskiy's questions to Metso Oyj (OUKPY) leadership • Q1 2024

    Question

    Vladimir Sergievskiy from Barclays asked about the drivers behind the record-high gross margin despite a sales decline and questioned the potential impact of the planned inventory reduction on future gross margins, particularly from selling finished goods.

    Answer

    CFO Eeva Sipilä credited the strong gross margin to disciplined price management, procurement activities, and improved supply chain work, particularly in the Minerals segment. Regarding inventory reduction, she explained it's a balance; while pushing through existing inventory could affect operational absorption, the company is taking a balanced approach without urgency, aiming to manage costs to prevent margin impact.

    Ask Fintool Equity Research AI