Reports and presentations

Interim Review January-March 2023

Report

Presentation

Webcast

Transcript

Key figures (excel)

Q1/2023 in brief (video)

Q1/2023 in brief

• Orders received increased to EUR 1.55 billion
• Net sales increased to EUR 1.32 billion
• Order backlog amounted to EUR 4.59 billion
• Comparable EBITA increased to EUR 133 million and margin was 10.1%
• Gearing was 15%

President and CEO Pasi Laine: Strong quarter in order intake and profitability

“Valmet’s orders received increased to EUR 1.55 billion in the first quarter of 2023. This is a record-high quarterly order intake for us. Orders received increased in the Services and Automation segments and decreased in the Process Technologies segment. Orders received in Valmet’s stable business totaled EUR 3.2 billion during the last four quarters. Valmet has a strong order backlog amounting to EUR 4.6 billion at the end of the quarter.

The first quarter was good also in terms of net sales and Comparable EBITA, which both increased. Net sales increased in all segments. Comparable EBITA margin was 16.1% in Services, 16.3% in Automation and 4.7% in Process Technologies. Valmet’s Comparable EBITA increased to EUR 133 million and margin to 10.1%.”