Latest news with #ThomasHinnerskov
Yahoo
5 days ago
- Business
- Yahoo
Valmet announces a new strategy, 'Lead the Way', and publishes new 2030 financial targets
Valmet Oyj's stock exchange release on June 4, 2025 at 8:30 p.m. EEST ESPOO, Finland., June 4, 2025 /PRNewswire/ -- Valmet is holding its Capital Markets Day 2025 tomorrow June 5, 2025, presenting its new strategy and 2030 financial targets designed to deliver a step-up improvement in financial performance, growth, and ability to transform industries towards a regenerative tomorrow. "Since stepping into the role of President and CEO ten months ago, I've had the opportunity to engage deeply with our customers, employees and investors around the world. These conversations reaffirmed that Valmet's 225-year legacy, strong customer relationships, and highly committed people form a powerful foundation for the company's next chapter. At the same time, it became clear that realizing our full potential requires a shift in mindset and culture – one that elevates performance, sharpens accountability, and unlocks new levels of value creation. With our strategic renewal now complete, we are bringing sharper focus and higher ambition to everything we do. Our new strategy 'Lead the Way' is built on four fundamentals and a smaller number of more ambitious initiatives than before. The new operating model simplifies our structure, strengthens cost competitiveness, and reinforces accountability. For our people, this new strategy means improved role clarity, full empowerment, and accountability. For our stakeholders, it translates to greater customer value, improved financial performance, and stronger shareholder returns," says Valmet's President and CEO Thomas Hinnerskov. New strategy 'Lead the Way' The new strategy is designed to create an accountable high-performance culture and accelerate the growth trajectory towards bolder targets with increased cost competitiveness. During the strategy renewal Valmet has defined its purpose as 'Transforming industries towards a regenerative tomorrow'. Valmet's new Strategy 'Lead the Way' is based on four strategic fundamentals: Customer success Lifecycle commitment Global competitiveness Accountability These strategic fundamentals are being reinforced by Valmet's operating model renewal, announced on March 31, 2025, and becoming effective on July 1, 2025. The new operating model allows the company to operate with strong business areas close to customers, providing integrated expertise in services and technology. A newly formed Global Supply unit for manufacturing and procurement will centrally drive operational excellence and ensure cost competitiveness. 2030 Financial Targets Valmet's new 2030 financial targets reflect a step change in ambition. Valmet's financial targets are the following (previous targets in brackets): Organic net sales growth (CAGR) over the cycle of 5% (previously: over two times the market growth or exceed market growth) Comparable EBITA margin of 15% (previously: 12–14%) Comparable return on capital employed before taxes (Comparable ROCE) of 20% (previously: at least 15%) Gearing below 50% (new target) Valmet is establishing clear capital allocation priorities to support the strategy and long-term value creation. Segment-specific strategic missions, priorities and targets Valmet is setting two distinct strategic missions and sets of strategic priorities for two segments within the company. Biomaterial Solutions and Services segment consists of three business areas: Pulp, Energy and Circularity; Packaging and Paper; and Tissue. Strategic mission for the segment is Advancing circularity. Segment has three strategic priorities: Seamless lifecycle approach to grow in services and technology Continuous innovation with customers, leading the way towards circularity Relentless drive for product cost competitiveness The new Global Supply organization targets EUR 100 million of cost efficiencies by optimizing procurement, logistics, and manufacturing activities across the full Biomaterial Solutions and Services 2030, the segment seeks to double the organic growth in biomaterial services to 8% and reach 14% Comparable EBITA margin (LTM Q1 2025: 10.5%). Process Performance Solutions segment consists of two business areas: Automation Solutions and Flow Control. Strategic mission for the segment is Unlocking resource efficiency. Segment has three strategic priorities: Leading lifecycle value, reliability and customer experience Customer-focused innovation and strategic portfolio expansion Growth in high-quality technologies and digital capabilities in mission-critical solutions By 2030, the segment seeks to accelerate organic growth to over double the market rate and reach 20% Comparable EBITA margin (LTM Q1 2025: 17.6%). Guidance for 2025 unchanged Valmet reiterates its guidance issued on February 13, 2025, in which Valmet estimates that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million) and Comparable EBITA in 2025 will remain at the previous year's level in comparison with 2024 (EUR 609 million). Capital Markets Day on June 5, 2025 To present the new strategy in more detail and answer questions, Valmet will host its 2025 Capital Markets Day tomorrow. The event can be followed via a live webcast at The webcast will run from 12:00 to 3:00 p.m. EEST. A recording of the event will be available at the same address shortly after the event. Presentation materials will be available on Valmet's CMD 2025 website by the beginning of the event. The language of the event and materials is English. Further information about Valmet's Capital Markets Day, please contact:Investors and analysts: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020Media: Antti Ylitalo, Director, External Communications, Valmet, tel. +358 10 672 0000 VALMET Katri HokkanenCFOPekka RouhiainenVP, Investor Relations DISTRIBUTION:Nasdaq HelsinkiMajor Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, and with our automation and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day. The company has more than 225 years of industrial history and a strong track record in continuous improvement and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion. Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland. Follow us on | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram | Processing of personal data This information was brought to you by Cision View original content:
Yahoo
5 days ago
- Business
- Yahoo
Valmet announces a new strategy, 'Lead the Way', and publishes new 2030 financial targets
Valmet Oyj's stock exchange release on June 4, 2025 at 8:30 p.m. EEST ESPOO, Finland., June 4, 2025 /PRNewswire/ -- Valmet is holding its Capital Markets Day 2025 tomorrow June 5, 2025, presenting its new strategy and 2030 financial targets designed to deliver a step-up improvement in financial performance, growth, and ability to transform industries towards a regenerative tomorrow. "Since stepping into the role of President and CEO ten months ago, I've had the opportunity to engage deeply with our customers, employees and investors around the world. These conversations reaffirmed that Valmet's 225-year legacy, strong customer relationships, and highly committed people form a powerful foundation for the company's next chapter. At the same time, it became clear that realizing our full potential requires a shift in mindset and culture – one that elevates performance, sharpens accountability, and unlocks new levels of value creation. With our strategic renewal now complete, we are bringing sharper focus and higher ambition to everything we do. Our new strategy 'Lead the Way' is built on four fundamentals and a smaller number of more ambitious initiatives than before. The new operating model simplifies our structure, strengthens cost competitiveness, and reinforces accountability. For our people, this new strategy means improved role clarity, full empowerment, and accountability. For our stakeholders, it translates to greater customer value, improved financial performance, and stronger shareholder returns," says Valmet's President and CEO Thomas Hinnerskov. New strategy 'Lead the Way' The new strategy is designed to create an accountable high-performance culture and accelerate the growth trajectory towards bolder targets with increased cost competitiveness. During the strategy renewal Valmet has defined its purpose as 'Transforming industries towards a regenerative tomorrow'. Valmet's new Strategy 'Lead the Way' is based on four strategic fundamentals: Customer success Lifecycle commitment Global competitiveness Accountability These strategic fundamentals are being reinforced by Valmet's operating model renewal, announced on March 31, 2025, and becoming effective on July 1, 2025. The new operating model allows the company to operate with strong business areas close to customers, providing integrated expertise in services and technology. A newly formed Global Supply unit for manufacturing and procurement will centrally drive operational excellence and ensure cost competitiveness. 2030 Financial Targets Valmet's new 2030 financial targets reflect a step change in ambition. Valmet's financial targets are the following (previous targets in brackets): Organic net sales growth (CAGR) over the cycle of 5% (previously: over two times the market growth or exceed market growth) Comparable EBITA margin of 15% (previously: 12–14%) Comparable return on capital employed before taxes (Comparable ROCE) of 20% (previously: at least 15%) Gearing below 50% (new target) Valmet is establishing clear capital allocation priorities to support the strategy and long-term value creation. Segment-specific strategic missions, priorities and targets Valmet is setting two distinct strategic missions and sets of strategic priorities for two segments within the company. Biomaterial Solutions and Services segment consists of three business areas: Pulp, Energy and Circularity; Packaging and Paper; and Tissue. Strategic mission for the segment is Advancing circularity. Segment has three strategic priorities: Seamless lifecycle approach to grow in services and technology Continuous innovation with customers, leading the way towards circularity Relentless drive for product cost competitiveness The new Global Supply organization targets EUR 100 million of cost efficiencies by optimizing procurement, logistics, and manufacturing activities across the full Biomaterial Solutions and Services 2030, the segment seeks to double the organic growth in biomaterial services to 8% and reach 14% Comparable EBITA margin (LTM Q1 2025: 10.5%). Process Performance Solutions segment consists of two business areas: Automation Solutions and Flow Control. Strategic mission for the segment is Unlocking resource efficiency. Segment has three strategic priorities: Leading lifecycle value, reliability and customer experience Customer-focused innovation and strategic portfolio expansion Growth in high-quality technologies and digital capabilities in mission-critical solutions By 2030, the segment seeks to accelerate organic growth to over double the market rate and reach 20% Comparable EBITA margin (LTM Q1 2025: 17.6%). Guidance for 2025 unchanged Valmet reiterates its guidance issued on February 13, 2025, in which Valmet estimates that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million) and Comparable EBITA in 2025 will remain at the previous year's level in comparison with 2024 (EUR 609 million). Capital Markets Day on June 5, 2025 To present the new strategy in more detail and answer questions, Valmet will host its 2025 Capital Markets Day tomorrow. The event can be followed via a live webcast at The webcast will run from 12:00 to 3:00 p.m. EEST. A recording of the event will be available at the same address shortly after the event. Presentation materials will be available on Valmet's CMD 2025 website by the beginning of the event. The language of the event and materials is English. Further information about Valmet's Capital Markets Day, please contact:Investors and analysts: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020Media: Antti Ylitalo, Director, External Communications, Valmet, tel. +358 10 672 0000 VALMET Katri HokkanenCFOPekka RouhiainenVP, Investor Relations DISTRIBUTION:Nasdaq HelsinkiMajor Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, and with our automation and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day. The company has more than 225 years of industrial history and a strong track record in continuous improvement and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion. Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland. Follow us on | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram | Processing of personal data This information was brought to you by Cision View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-04-2025
- Business
- Yahoo
Valmet's Interim Review January 1 - March 31, 2025: Strong start for the year in the Services and Automation segments
Valmet Oyj's stock exchange release on April 23, 2025 at 9:00 a.m. EEST HELSINKI, April 23, 2025 /PRNewswire/ -- Figures in brackets, unless otherwise stated, refer to the comparison period, i.e., the same period of the previous year. January–March 2025: Orders received, profitability and cash flow increased Orders received increased to EUR 1,332 (EUR 1,050 million). Orders received increased in all three segments. Orders received increased in North America, Asia-Pacific and China, remained at the previous year's level in EMEA (Europe, Middle East and Africa), and decreased in South America. Net sales remained at the previous year's level and amounted to EUR 1,184 million (EUR 1,212 million). Net sales increased in the Automation and Services segments and decreased in the Process Technologies segment. Comparable earnings before interest, taxes and amortization (Comparable EBITA) remained at the previous year's level and amounted to EUR 121 million (EUR 121 million). Comparable EBITA increased in the Services and Automation segments and decreased in the Process Technologies segment. Comparable EBITA margin was 10.2 percent (10.0%). Earnings per share (EPS) was EUR 0.33 (EUR 0.30). Adjusted EPS was EUR 0.41 (EUR 0.41). Items affecting comparability amounted to EUR -8 million (EUR -7 million) Cash flow provided by operating activities totaled EUR 217 million (EUR 138 million). Guidance for 2025 unchanged Valmet reiterates its guidance issued on February 13, 2025, in which Valmet estimates that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million) and Comparable EBITA in 2025 will remain at the previous year's level in comparison with 2024 (EUR 609 million). Short-term market outlook The short-term market outlook is given for April–September 2025 compared with January–March 2025. It is Valmet's estimate of the customer activity and should not be interpreted as guidance for Valmet's orders received. Process Technologies Valmet estimates that the customer activity will remain stable. It is typical that customers' large investment decisions can have a major impact on the market activity. Services Valmet estimates that the customer activity will remain stable, but the capacity utilization rates and profitability levels of customers cause uncertainty to the short-term market outlook. Automation Valmet estimates that the customer activity will remain stable. President and CEO Thomas Hinnerskov: Strong start for the year in Services and Automation segments, strategy renewal under wa "Valmet's first quarter performance was strong in our two most profitable segments, Services and Automation. We saw organic growth of 12% in Automation and 8% in Services orders received. Comparable EBITA in both segments increased, with Services starting the year with the best ever Q1 margin of 17.6%. The highlight of the quarter in Process Technologies was a large recovery boiler order, which our Pulp and Energy team successfully secured. However, the market activity in Process Technologies overall remained subdued, with orders received falling below our earlier expectations. Despite the strong performance in the stable business, Valmet's first quarter net sales and Comparable EBITA remained at the previous year's level. This was due to a decrease in Process Technologies' net sales, which negatively impacted the segment's Comparable EBITA. This highlights the importance of our strategic renewal. During the quarter, we announced plans to change our operating model as the first concrete action to support the planned strategy. The proposed operating model is designed to deliver more value to our customers throughout the lifecycle and to empower our employees with clear accountability leading to faster decision-making, clearer responsibilities and an improved way-to-operate. Furthermore, as the market activity in Process Technologies remains low, we need to make sure we have the right efficient set-up to perform also in a challenging market. We are closely monitoring the impact and development of the U.S. tariffs and potential retaliatory tariffs from other countries. We are taking proactive measures to mitigate any potential disruptions to our supply chain and cost structure, ensuring we remain competitive in a dynamic market environment. Valmet has global operations and a large footprint also in the USA, which partly mitigates any potential direct impacts from tariffs. Going forward, our Global Supply unit would play a key role in optimizing procurement and production to maintain our competitiveness. As we move forward, we remain confident in our ability to navigate the current dynamic market conditions and drive sustainable growth in the long term. Our renewed strategy and operating model will position us better for the future, ensuring we continue to create value for our customers and shareholders. We look forward to sharing more details about our strategy and the next steps on our journey at our Capital Markets Day on June 5. The event will provide further insights into how we plan to achieve our long-term goals and enhance shareholder value." Plans to renew the operating model Valmet announced on March 31, 2025, that as part of the ongoing strategy renewal, Valmet plans to change its operating model to better serve customers with a lifecycle approach and to increase efficiency. The planned model would introduce five strong business areas: Automation Solutions; Flow Control; Pulp, Energy and Circularity; Packaging and Paper; and Tissue. Valmet also plans to establish a Global Supply unit and renew its corporate functions. These changes aim to speed up decision making, clarify responsibilities, and enhance cost competitiveness. Subject to country-specific processes, the changes could lead to a global reduction of up to 1,150 white-collar roles and annual cost savings of approximately EUR 80 million, with full run-rate achieved by the beginning of 2026. The new operating model is planned to take effect on July 1, 2025. Key figures1 EUR million, or as indicated Q1/2025 Q1/2024 Change 2024 Orders received 1,332 1,050 27 % 5,837 Order backlog2 4,574 3,790 21 % 4,452 Net sales 1,184 1,212 -2 % 5,359 Comparable EBITA 121 121 0 % 609 % of net sales 10.2 % 10.0 %11.4 % EBITA 113 114 0 % 557 % of net sales 9.6 % 9.4 %10.4 % Operating profit (EBIT) 89 87 3 % 449 % of net sales 7.5 % 7.2 %8.4 % Profit before taxes 74 73 1 % 383 Profit for the period 61 56 8 % 281 Earnings per share, EUR 0.33 0.30 9 % 1.52 Adjusted earnings per share, EUR 0.41 0.41 0 % 1.93 Equity per share, EUR2 13.14 12.93 2 % 14.15 Cash flow provided by operating activities 217 138 57 % 554 Cash flow after investing activities 195 109 79 % 316 Comparable return on capital employed (Comparable ROCE) before taxes (LTM) 13.0 % 14.9 %12.7 % Return on capital employed (ROCE) before taxes (LTM) 11.7 % 14.3 %11.4 % Return on equity (ROE) (LTM) 11.8 % 14.6 %10.8 % Net debt to EBITDA3 ratio 1.30 1.361.55 Gearing2 36 % 39 %39 % Equity to assets ratio2 41 % 39 %44 % 1 The calculation of key figures is presented on section 'Formulas for calculation of indicators'. 2 At end of period. 3 Last twelve months' EBITDA LTM = Last twelve months. Segment key figures Orders received, EUR million Q1/2025 Q1/2024 Change 2024 Services 568 527 8 % 1,915 Automation 406 328 24 % 1,446 Flow Control 215 194 11 % 763 Automation Systems 191 134 42 % 683 Process Technologies 358 195 84 % 2,477 Pulp and Energy 235 57 >100% 1,581 Paper 123 138 -11 % 897 Total 1,332 1,050 27 % 5,837 Net sales, EUR million Q1/2025 Q1/2024 Change 2024 Services 433 406 7 % 1,900 Automation 339 309 10 % 1,437 Flow Control 192 188 2 % 791 Automation Systems 147 121 22 % 646 Process Technologies 413 497 -17 % 2,023 Pulp and Energy 178 225 -21 % 870 Paper 235 272 -13 % 1,152 Total 1,184 1,212 -2 % 5,359 Comparable EBITA, EUR million Q1/2025 Q1/2024 Change 2024 Services 76 60 28 % 331 Automation 55 51 7 % 255 Process Technologies 6 21 -71 % 73 Other -16 -11 47 % -49 Total 121 121 0 % 609 Comparable EBITA, % of net sales Q1/2025 Q1/20242024 Services 17.6 % 14.6 %17.4 % Automation 16.2 % 16.5 %17.7 % Process Technologies 1.5 % 4.2 %3.6 % Total 10.2 % 10.0 %11.4 % EBITA, EUR million Q1/2025 Q1/2024 Change 2024 Services 76 56 36 % 322 Automation 54 50 8 % 248 Process Technologies 4 21 -80 % 42 Other -21 -14 51 % -56 Total 113 114 0 % 557 News conference and webcast for analysts, investors and media Valmet will arrange a news conference in English as a live webcast at on Wednesday, April 23, 2025, at 10:00 a.m. Finnish time (EEST). President and CEO Thomas Hinnerskov and CFO Katri Hokkanen will be presenting the results. Recording of the webcast will be available shortly after the event on the same website. It is possible to take part in the news conference through a conference call by registering through the link below: After the registration you will be provided phone numbers and a conference ID to access the conference. If you wish to ask a question during the conference, please dial *5 to enter the question queue. The event is held in English. Further information, please contact: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020 VALMETKatri HokkanenCFO Pekka RouhiainenVP, Investor RelationsDISTRIBUTION:Nasdaq HelsinkiMajor Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With our automation and flow control solutions, we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day. The company has more than 225 years of industrial history and a strong track record in continuous improvement, sustainability, and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion. Valmet's shares are listed on the Nasdaq Helsinki, and the head office is in Espoo, Finland. Follow us on | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram | Processing of personal data This information was brought to you by Cision The following files are available for download: Valmet Interim Review Q1 2025 View original content: Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
Invitation to Valmet's Capital Markets Day on June 5, 2025
Valmet Oyj's press release on April 14, 2025 at 1:15 p.m. EEST. ESPOO, Finland, April 14, 2025 /PRNewswire/ -- Valmet invites analysts, institutional investors and other capital market representatives to its Capital Markets Day on Thursday, June 5, 2025. The event will take place at Valmet's site in Tampere, Finland (Lentokentänkatu 11). The program will run from 12 to 5 p.m. EEST. In the Capital Markets Day, we will present Valmet's renewed strategy. The day will include presentations led by Thomas Hinnerskov, President and CEO, together with Katri Hokkanen, CFO, and other key management. There will also be dedicated Q&A breakout sessions, and a unique opportunity to familiarize oneself with Valmet DNAe, the next generation automation system (DCS), in an interactive showroom. The event can also be followed via a live webcast at The recording of the event will be available at the same address shortly after the event. Presentation materials will be available on Valmet's website at the beginning of the event. The language of the event and materials is English. A more detailed agenda will be available nearer the time at Registration and more information In order to attend the event in Tampere, please register at by May 21 at the latest. The number of seats is limited, so we recommend registering early. Please also register if you will attend the event via webcast. In Tampere, the doors will open at 11 and there will be lunch served before the program starts. More information on the event can be found at If you have any questions regarding the event, please contact VP, IR Pekka Rouhiainen, +358 10 672 0020, or ir@ Travel logistics Valmet will organize bus transportation from Helsinki to Tampere. The bus will depart near Helsinki train station at 8:45 a.m. and stop at Helsinki airport if needed. Participants arriving to Tampere by train will need to take a taxi to the CMD venue. The taxi ride from the railway station will take approximately 10-20 minutes. There is parking available for participants arriving by car. Valmet will also organize bus travel to Helsinki airport continuing to Helsinki city after the event. Preliminary flight times by Finnair are as follows: To Paris, departure at 8:25 p.m. To Stockholm, departure at 8:35 p.m. To London, departure at 9:05 p.m. For further information, please contact: Pekka Rouhiainen, Vice President, Investor Relations, Valmet, tel. +358 10 672 0020 VALMETKatri HokkanenCFO Pekka RouhiainenVice President, Investor Relations Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With our automation and flow control solutions, we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. The company has more than 225 years of industrial history and a strong track record in continuous improvement, sustainability, and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion. Valmet's shares are listed on the Nasdaq Helsinki, and the head office is in Espoo, Finland. Follow us on | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram | Processing of personal data This information was brought to you by Cision View original content:
Yahoo
02-04-2025
- Business
- Yahoo
Publishing of Valmet's Interim Review January-March 2025 on April 23, 2025
Valmet Oyj's press release on April 2, 2025 at 1:00 p.m. EEST ESPOO, Finland, April 2, 2025 /PRNewswire/ -- Valmet's Interim Review January–March 2025 will be published on Wednesday, April 23, 2025, at approximately 9:00 a.m. Finnish time (EEST). The stock exchange release and presentation material in English and in Finnish will be available at that time on Valmet's website at Webcast Valmet will arrange a news conference in English as a live webcast at on Wednesday, April 23, 2025, at 10:00 a.m. Finnish time (EEST). President and CEO Thomas Hinnerskov and CFO Katri Hokkanen will be presenting the results. Recording of the webcast will be available shortly after the event at the same website. Conference call It is possible to take part in the news conference through a conference call by registering through the link below: After the registration you will be provided phone numbers and a conference ID to access the conference. If you wish to ask a question during the conference, please dial *5 on your telephone keypad to enter the question queue. VALMET Corporate Communications For further information, please contact: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020 For media: Antti Ylitalo, Director, External Communications, Valmet, tel. +358 10 672 0000 Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With our automation and flow control solutions, we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day. The company has more than 225 years of industrial history and a strong track record in continuous improvement, sustainability, and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion. Valmet's shares are listed on the Nasdaq Helsinki, and the head office is in Espoo, Finland. Follow us on | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram | Processing of personal data This information was brought to you by Cision View original content: Sign in to access your portfolio