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Financial information

In this section you can find Valmet's key financial information, such as quarterly and annual financials, financial targets, recent development in improving profitability, overview of financing facilities, financial risk management, investments and net working capital.

Quarterly and annual financials

Financial targets

Revenue recognition

Profitability improvement

Valmet aims to improve profitability through quality costs, cost competitiveness and procurement among others.

Financing

Financing facilities and maturity structure

Valmet currently has no credit ranking. 

Financial risk management

Liquidity and refinancing risk managementcapital structure managementinterest rate riskforeign exchange riskcommodity riskcredit and counterparty risk and fair value estimation.

Investments

Net working capital

Calculation of key figures

Financial information in 2017

Valmet will publish its Financial Statements Review, Half Year Financial Review and two Interim Reviews in 2017 as follows:

February 8, 2017 - Financial Statements Review for 2016
April 25, 2017 - Interim Review for January-March 2017
July 27, 2017 - Half Year Financial Review for January-June 2017
October 24, 2017 - Interim Review for January-September 2017

The Annual Report for 2016 will be published during the week starting on March 6, 2017 (week 9) at the latest.

Valmet's Annual General Meeting is planned to be held on Thursday, March 23, 2017. Valmet's Board of Directors will summon the meeting at a later date.

 

Valmet’s financial year is the calendar year. The Financials pages are updated when financial information is disclosed.

The financial statements are presented in euros, which is the Parent Company’s functional currency and Valmet’s presentation currency.

Valmet publishes its financial statements under International Financial Reporting Standards (IFRS). The interim reports are prepared in accordance with the principles of recognition and measurement laid down in the IFRS. 

Updated; Nov 2, 2016