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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Valmet Oyj    VALMT   FI4000074984

VALMET OYJ

(VALMT)
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Valmet Oyj : issues a guidance for 2020

10/13/2020 | 03:11am EST

Valmet issues a guidance for 2020

Valmet Oyj's stock exchange release (inside information) on October 13, 2020 at 10:10 a.m. EET

Valmet issues a guidance for 2020. Valmet estimates that net sales in 2020 will remain at the previous year's level in comparison with 2019 (EUR 3,547 million) and Comparable EBITA in 2020 will increase in comparison with 2019 (EUR 316 million).

On April 16, 2020, Valmet withdrew its earlier guidance for 2020 due to increased uncertainty related to the COVID-19 pandemic.

Impacts of the COVID-19 pandemic on Valmet and related risks have been described in Valmet's Half Year Financial Review 2020. Valmet's Interim Review for January-September 2020 will be published on October 27, 2020.

Further information, please contact:

Pekka Rouhiainen, Director, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET

Kari Saarinen
CFO

Pekka Rouhiainen
Director, Investor Relations

 

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2019 were approximately EUR 3.5 billion. Our more than 13,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Read more www.valmet.com, www.twitter.com/valmetglobal

Follow Valmet IR on Twitter www.twitter.com/valmetir

Processing of personal data (https://www.valmet.com/content_folder/processing-of-personal-data/)

https://news.cision.com/valmet-oyj/r/valmet-issues-a-guidance-for-2020,c3214861

(c) 2020 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2020 3 618 M 4 385 M 4 385 M
Net income 2020 212 M 256 M 256 M
Net Debt 2020 308 M 373 M 373 M
P/E ratio 2020 15,3x
Yield 2020 3,74%
Capitalization 3 228 M 3 917 M 3 912 M
EV / Sales 2020 0,98x
EV / Sales 2021 0,90x
Nbr of Employees 13 434
Free-Float 86,9%
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Technical analysis trends VALMET OYJ
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 23,81 €
Last Close Price 21,59 €
Spread / Highest target 28,3%
Spread / Average Target 10,3%
Spread / Lowest Target -2,73%
EPS Revisions
Managers
NameTitle
Pasi Laine President & Chief Executive Officer
Mikael Mäkinen Chairman
Kari Saarinen Chief Financial Officer
Rogério Ziviani Independent Director
Aaro Sakari Cantell Vice Chairman
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