Metso moves its Pumps business area under the Minerals segment

World News: . []

The majority of Metso's Pumps business area's customers are common to the Minerals segment, and sales already largely operate through the Minerals market area structure. Going forward, the Pumps business area will be headed by Mikko Keto, who acts also as President of Metso's Minerals Services business area. John Quinlivan will continue as President of the Valves business area.

The change is effective immediately. Pumps will be reported under the Minerals segment as of January 1, 2019. Metso will provide comparable information for 2018 based on the new segment structure before the end of the first quarter of 2019.

Global Communications, tel. +358 20 484 3212Investor relations, tel. +358 20 484 3253

Distribution:Nasdaq Helsinki LtdMediawww.metso.com

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Globe Newswire: 07:57 GMT Monday 11th February 2019

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