Valmet publishes its updated guidance for 2022 and confirms its new financial targets after the completion of the merger with
Valmet announced today on
Valmet's business lines are now Services, Flow Control, Automation Systems, Paper, and Pulp and Energy. Automation Systems business line was previously called Automation.
Due to the completion of the merger, Valmet updates its guidance for 2022 and confirms its new financial targets.
Updated guidance for 2022
Valmet estimates that, including the merger with
The previous guidance for 2022, issued on
Valmet estimates that net sales in 2022 will increase in comparison with 2021 (EUR 3,935 million) and Comparable EBITA in 2022 will increase in comparison with 2021 (EUR 429 million).
Valmet's financial targets
Valmet confirms the financial targets that were preliminarily announced on
- Net sales for stable business to grow over two times the market growth (unchanged)
- Net sales for capital business to exceed market growth (unchanged)
- Comparable EBITA: 12-14 percent (10-12%)
- Comparable return on capital employed (ROCE) before taxes at least 15 percent (at least 20%)
- Dividend payout at least 50 percent of net profit (unchanged)
Stable business refers to Services, Flow Control and Automation Systems business lines. Capital business refers to Paper, and Pulp and Energy business lines.
Further information, please contact:
CFO
Director, Investor Relations
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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 flow control company
Valmet's shares are listed on the Nasdaq Helsinki and the head office is in Espoo,
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