Neles' Interim Review
Forward together - Neles is now Valmet's Flow Control business line. Merger was completed on
This is a summary of Neles' Interim Review for
Neles' January - March in brief: Strong order intake and sales growth resulted in good profitability
- Strong growth in both orders received and sales
-
Good business momentum across all Market Areas,
North America continues to be particularly active - Good sales volumes and solid sales margins resulted in good profitability, with Adjusted EBITA margin of 16.1 percent
Merger of Neles and Valmet
On
On
The completion of the merger was executed on
Valmet's news conference and webcast for analysts, investors and media
Valmet will arrange a news conference in English as a live webcast at https://valmet.videosync.fi/2022-q1 on
Recording of the webcast will be available shortly after the event at the same address.
It is possible to take part in the news conference through a conference call. Conference call participants are requested to dial in at least five minutes prior to the start of the conference at
The participants will be asked to provide the conference PIN: 92595845#
All questions should be presented in English.
The event can also be followed on Twitter at www.twitter.com/valmetir.
Further information, please contact:
VALMET
CFO
Director, Investor Relations
DISTRIBUTION:
Nasdaq
Major media
www.valmet.com
Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries.
We aim to become the global champion in serving our customers. Our 17,000 professionals work close to our customers and are committed to improving our customers' performance - every day.
The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved when the flow control company Neles was merged into Valmet. The combined company net sales in 2021 was approximately
Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo,
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https://news.cision.com/valmet-oyj/r/neles--interim-review-january-1---march-31--2022,c3554172
https://mb.cision.com/Main/19721/3554172/1569867.pdf
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