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Dear Reader,
The demand for Outotec's technologies and services continued strong in the first quarter and our order intake was successful. Several new orders had high proportion of proprietary technology. Our order backlog strengthened further from the record high year-end figure and the good profit performance continued in the first quarter of 2008.
I am also pleased with the development of our services and after sales business, particularly with the new three-year service contracts with Boliden and Norilsk Nickel plants in Finland. These agreements demonstrate our capability of delivering value-adding services to our customers and are well in line with our intention to grow the services and after sales business significantly in the next few years. The first quarter performance together with the continuing favorable market outlook in the mining and metals industry gives us confidence for the rest of 2008.
Tapani Järvinen
President & CEO, Outotec Oyj
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