Outotec raises its sales guidance for 2011. Based on strong order intake in 2011 and good progress in project execution, the management expects that sales in 2011 will grow to approximately EUR 1.35 to EUR 1.45 billion. Outotec has previously estimated its sales in 2011 to grow to approximately EUR 1.25 to EUR 1.35 billion.

Outotec reiterates its guidance for operating profit (improving from 2010, operating profit margin from business operations approximately 8% to 9%) and order intake (continuing to grow from 2010). Operating profit is dependent on exchange rates, product mix, timing of new orders and project completions.

Outotec's order intake in January to August 2011 period is approximately EUR 1.4 billion. In addition, in September the company has announced orders worth approximately EUR 170 million. Based on the current sales activity the management expects the market to remain strong.