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Last updateThu, 02 May 2024 9am
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Covid-19 pandemic and measures to boost profitability have considerable impact on figures for FY 2019/20

Total sales approximately 6 percent below previous year – EBITDA margin excluding effects of restructuring at 4.3 percent
At € –343 million, net result after taxes impacted by planned restructuring expenses and Covid-19 effects
Net financial debt considerably reduced from € 250 million to € 43 million
Negotiations about package of measures to boost profitability nearly completed

The Finnish Financial Supervisory Authority has approved a supplement to the prospectus prepared for the combination of Outotec and the Metso Minerals Business

The Finnish Financial Supervisory Authority has today on May 20, 2020, approved a supplement to the Finnish language demerger prospectus (the “Prospectus”) relating to the combination of Outotec Oyj (“Outotec”) and Metso Corporation’s (“Metso”) Minerals business (the “Metso Minerals Business”).

SCREEN Americas' Steady Growth Fuels Impetus for Move to New, Larger, State-of-the-Art Technology Center in Chicago Area

SCREEN Americas will be relocating in Fall 2020, to new, larger, more fully equipped and resourced North American headquarters in one of the Chicago area’s most replete business and industrial enterprise centers, Elk Grove Village, Illinois. The campus will be housed in a new construction, state-of-the-art technology park and will include an equipment staging and shipping depot, increased office space, and a leading edge Customer Experience Center just 15 minutes from O’Hare International Airport.

Metso Corporation and Outotec Oyj receive unconditional merger control clearance from the European Commission for the combination of Metso Minerals with Outotec

Metso Corporation (“Metso”) and Outotec Oyj (“Outotec”) have on May 13, 2020, received an unconditional merger control clearance from the European Commission for the combination of Metso’s Minerals business with Outotec through a partial demerger of Metso (the “Combination”).

Award: Thimm wins the Axia Best Managed Companies Award 2020

Thimm has received the Axia Best Managed Companies Award 2020. The award is presented as a quality seal for outstandingly managed medium-sized companies and is awarded by the audit and consulting firm Deloitte, WirtschaftsWoche, Credit Suisse and the Federation of German Industries (BDI). The awards ceremony took place on 15 May at the headquarters of the Thimm Group in Northeim.


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