Investor Presentaiton
Global infrastructure growth is expected to accelerate in 2025
Crushed stone price and production
US production - 12m rolling (Mt)
US price (index 2020=100)
Japan price (index 2020=100)
India price (index 2020=100)
Index
2020=100
-
135
130
125
120
115
110
105
100
95
Jan-21
Oct-20
Jul-20
Apr-20
Jan-20
Aggregates capex expectations
BEUR
Mt
8
1,650
7
1,500
6
5
1,350
4
1,200
3
2
1,050
1
900
0
2020
2021
Jul-23
Apr-23
Jan-23
Oct-22
Jul-22
Apr-22
Jan-22
Oct-21
Jul-21
Apr-21
Note: Construction sector covers
construction
of buildings and civil engineering works.
Data presented measures volume changes over time.
Source: USGS, Thomson Reuters
Updated 14.11.2023
15
+15%
-2%
+5%
2022
2023E
2024E 2025E
* Analyst consensus sample consists of 8 of Metso Key Accounts: CRH, HeidelbergCement, LafargeHolcom, Martin
Marietta, Vulcan Materials, Vinci, Boral, Skanska
* Growth impact mainly coming from Vinci which recently won a Grand Paris Express contract. Excluding Vinci numbers,
the low-digit negative growth forecasted for 2023
Source: Consensus Analysis, S&P Global, Companies' interim reports
Updated: 14.11.2023
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