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

VALMET OYJ

(VALMT)
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Valmet Oyj : reaches the delivery of the 100th DNA Integrated Operations for Virtual Pipeline

10/29/2020 | 06:40am EST

Valmet has reached the delivery of the 100th Valmet DNA Integrated Operations solution. This innovative centralized online data collection tool is currently used in a hundred assets and locations in the Nordic countries. These include containers, filling stations and industrial sites.

The Valmet DNA Integrated Operations solution was developed to meet the needs of the growing alternative fuels business, such as liquid natural gas (LNG), biogas and other biofuels. It suits all kinds of alternative fuel production plants, terminals and distribution sites. It enables filling stations as well as logistics and shipping companies to manage data, optimize sourcing and plan distribution efficiently.

Now available: Virtual Pipeline Distribution Information Management

To better and more cost-efficiently manage complex gas distribution outside the pipeline network with road or tank trucks, Valmet has developed a Virtual Pipeline Distribution Information Management solution. It is suitable for managing the distribution of LNG, compressed natural gas (CNG), biogas and other biofuels.

'Valmet's Virtual Pipeline Distribution Information Management makes operations more transparent by using data collection tools and modern software technologies as opposed to traditional gas tank measurements. It sends, for example, gas-run-out forecasts to the terminal. Drivers receive this information on their mobile devices and are able to deliver gas optimally at the right time, resulting in accurate deliveries and lower transport costs,' says Mikko Haapaniemi, Product Manager, Integrated Operations, Automation, Valmet.

This pioneering management solution collects real-time data that can be seen whenever needed. Furthermore, it provides and suggests the needed actions to boost daily operations. Other benefits include better control of logistics and efficient logistics plans.

'Today's cloud environments provide the customers with transparency and an experience of managing their pipelines. We have already received two industrial awards for our innovation,' Haapaniemi adds.

VALMET

Corporate Communications

For further information, please contact:

Mikko Haapaniemi. Product Manager, Integrated Operations, Automation, Valmet, Tel. +358 50 307 3963

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.

Disclaimer

Valmet Oyj published this content on 29 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 11:39:03 UTC


© Publicnow 2020
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Sales 2020 3 616 M 4 382 M 4 382 M
Net income 2020 206 M 249 M 249 M
Net Debt 2020 255 M 309 M 309 M
P/E ratio 2020 18,3x
Yield 2020 3,29%
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EV / Sales 2020 1,11x
EV / Sales 2021 1,06x
Nbr of Employees 13 434
Free-Float 86,9%
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 24,33 €
Last Close Price 25,21 €
Spread / Highest target 16,2%
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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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