Insights and updates

Valmet estimates that Similar EBITA in 2024 will stay on the earlier era’s stage


ESPOO, Finland, Oct. 11, 2024 /PRNewswire/ –Valmet Oyj’s store change shed (inside of data) on October 11, 2024 at 4:05 p.m. EEST

Valmet adjustments its Similar EBITA steerage for 2024. For web gross sales, the steerage extra unchanged.

The products and services marketplace has advanced fairly slower in EMEA, China and Asia-Pacific than Valmet previous anticipated. Moreover, the marketplace job in board and paper procedure applied sciences has been slower than previous anticipated and a few consumers have abeyance their ultimate funding choices.

Unutilized steerage for 2024:

Valmet estimates that web gross sales in 2024 will stay on the earlier era’s stage compared to 2023 (EUR 5,532 million) and Similar EBITA in 2024 will stay on the earlier era’s stage compared to 2023 (EUR 619 million).

Earlier steerage for 2024, issued on June 13, 2024:

Valmet estimates that web gross sales in 2024 will stay on the earlier era’s stage compared to 2023 (EUR 5,532 million) and Similar EBITA in 2024 will build up compared to 2023 (EUR 619 million).

Thomas Hinnerskov, President and CEO:

“While we expect net sales and Comparable EBITA to remain at last year’s level in 2024, we are fully committed to continuing the journey towards reaching Valmet’s financial target of 12–14% Comparable EBITA.”

Additional data, please touch:

Pekka Rouhiainen, VP, Investor Members of the family, Valmet, tel. +358 10 672 0020

VALMET

Katri Hokkanen
CFO

Pekka Rouhiainen
VP, Investor Members of the family

DISTRIBUTION:
Nasdaq Helsinki

Main media
www.valmet.com

Valmet has an international buyer bottom throughout numerous procedure industries. We’re a important world developer and provider of procedure applied sciences, automation and products and services for the pulp, paper and effort industries, and with our automation and stream keep watch over answers we provide an excellent wider bottom of procedure industries. Our greater than 19,000 execs all over the world paintings near to our consumers and are dedicated to transferring our consumers’ efficiency ahead – each and every era.

The corporate has over 220 years of business historical past and a powerful observe document in steady growth and renewal. Valmet’s web gross sales in 2023 had been roughly EUR 5.5 billion.

Valmet’s stocks are indexed at the Nasdaq Helsinki and the top place of business is in Espoo, Finland.    

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