Valmet's Financial Statements Review January 1 - December 31, 2024: Orders received increased, but Net sales and Comparable EBITA remained steady in 2024

October–December 2024: Orders received increased to a new record of close to EUR 2.5 billion  October–December 2024: Orders received increased to a new record of close toEUR 2.5 billion   January–December 2024: Orders received increased toEUR 5.8 billion Dividend proposal The Board of Directors proposes to the Annual General Meeting, which is planned to be held onMarch 26, 2025, a dividend ofEUR 1.35per share for 2024. The proposed dividend equals 89 percent of...

Finland, 13/02/2025 (informazione.news - comunicati stampa - information technology)

 

The Board of Directors proposes to the Annual General Meeting, which is planned to be held on March 26, 2025 , a dividend of EUR 1.35 per share for 2024. The proposed dividend equals 89 percent of the net result and it would be paid in two installments.

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 ).

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.

Valmet estimates that the customer activity is gradually improving, but the capacity utilization rates and profitability levels of customers cause uncertainty to the short-term market outlook.

Valmet estimates that the customer activity will remain stable.

"The year 2024 was marked by multiple achievements and key events for Valmet. The main highlights were the successful launch of Valmet DNAe, our next-generation industrial automation system, and the landmark order to supply the world's largest single-phase pulp mill project, valued at over a billion euros, to Arauco in Brazil . In terms of financial results, we were pleased to see Valmet's orders received increase to a new record with a mix of roughly 60 percent stable business and 40 percent capital business. A strong order backlog of close to EUR 4.5 billion gives us a solid starting point going into 2025.

Despite the increase in orders received, Valmet's net sales and Comparable EBITA did not grow in 2024 and we saw a clear decrease both in revenues and profitability in the Process Technologies segment. Going forward, we need to make sure we have an efficient operation that will perform also in the challenging market.

Looking at the fourth quarter, the big order from Arauco meant that we set a record for quarterly order intake for Valmet. I was pleased to see orders growing strongly in all our three segments. When looking at Comparable EBITA, I would like to highlight the strong performance of Services, which ensured a strong finish for the year for Valmet. 

Towards the end of the year, we have initiated work to renew our strategy with the aim of defining our future growth areas, accelerating growth, and simplifying our ways of working. I'm excited about this and believe the changes we are planning will enable us to be faster and more focused as an organization. Our legacy, spanning more than 225 years, provides a solid foundation for the next chapter in our story."

 

 

 

 

 

Valmet will arrange a news conference in English as a live webcast at https://valmet.videosync.fi/q 4 -2024 on Thursday, February 13, 2025 , at 11:00 a.m. Finnish time (EET). 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 website.

It is possible to take part in the news conference through a conference call by registering through the link below:

https://player.videosync.fi/valmet/q4-2024/dial-in

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.

The event can also be followed on social media platform X at www.x.com/valmetir.

Pekka Rouhiainen , VP, Investor Relations, Valmet, tel. +358 10 672 0020
VALMET 
Katri Hokkanen
CFO

Pekka Rouhiainen
VP, Investor Relations

DISTRIBUTION:
Nasdaq Helsinki
Major media

www.valmet.com

 

Processing of personal data

This information was brought to you by Cision http://news.cision.com .

https://news.cision.com/valmet-oyj/r/valmet-s-financial-statements-review-january-1---december-31--2024-orders-received-increased--but-ne,c4105008

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/valmets-financial-statements-review-january-1--december-31-2024-orders-received-increased-but-net-sales-and-comparable-ebita-remained-steady-in-2024-302375736.html