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Valmet IR Newsletter Q1/2017

The first quarter of 2017 is coming to its end, and it is time to wrap up the highlights of the quarter before the publication of the Interim Review January 1 – March 31, 2017, which will be published on April 25, 2017. Please note that the silent period will begin on April 4, 2017. If you wish to book a call before that, please contact Heli.

Actions and activities in Q1/2017

 

During the first quarter of 2017 Valmet was on Roadshows in Paris, London, Singapore, Tokyo, Zurich and Oslo. In addition, Valmet participated in SEB Nordic Seminar in Copenhagen and Carnegie Nordic Capital Goods Seminar in Stockholm. See also our latest Roadshow presentation.

On March 21, Valmet’s IR team organized a site visit to Fabrics technology center in Tampere, Finland. The visitor group enjoyed presentations by Jari Stålhammar, VP, Fabrics on Valmet’s Paper Machine Clothing and Filtration fabrics operations. The program also included a mill tour at the Fabrics unit, which is one of Valmet’s largest production sites with an impressive floor area of about 60,000 square meters. A summary video of the event will be published soon.

Valmet’s Annual General Meeting 2017 was held on March 23, 2017 in Helsinki. President and CEO Pasi Laine gave a presentation of Valmet’s “Consistent progress forward” at the event. The Annual General Meeting appointed Bo Risberg to continue as Chairman of the Board and Jouko Karvinen was appointed as Vice Chairman. Lone Fønss Schrøder, Rogério Ziviani, Aaro Cantell and Tarja Tyni continue as members of the Board. Eriikka Söderström was appointed as a new member of the Board. Eija Lahti-Jäntti will continue to participate in the meetings as a personnel representative. Mikael von Frenckell and Friederike Helfer, who both had served on Valmet’s Board since the demerger, were not available for re-election. For further information on the AGM resolutions, presentation material and introduction of the Board, please visit our AGM website.

 

Announcements during Q1/2017

 

On March 23, Valmet published the resolutions of the Annual General Meeting of Valmet Oyj.

On March 23, Valmet announced the composition of the committees of Valmet Oyj’s Board of Directors. The members of the Audit Committee are Lone Fønss Schrøder (Chairman), Eriikka Söderström and Tarja Tyni. The members of the Remuneration and HR Committee are Bo Risberg (Chairman), Aaro Cantell and Jouko Karvinen.

On March 1, Valmet published the Annual Report and the Corporate Governance Statement for 2016. The reports are also available to order as printed copies.

On February 8, Valmet published its Financial Statements Review January 1 – December 31, 2016.

On February 8, Valmet announced the notice convening Valmet Oyj’s Annual General Meeting.

On January 16, Valmet announced the proposal of the Nomination Board of Valmet for the composition and remuneration of the Board of Directors.

 

Upcoming events

 

April 4 – April 25, 2017: Silent period. Valmet is not in contact with capital market representatives during a period of three weeks prior to the publication of its interim financial results.

April 25, 2017: Publication of Interim Review for January-March 2017

April 26, 2017: Q1-presentation for institutional investors in Helsinki, hosted by SEB

May 5, 2017: Roadshow in Munich by Handelsbanken

May 8, 2017: Goldman Sachs European Small & Mid Cap Symposium in London

See the full list of events at Valmet financial calendar.

 

Orders received booked for Q1/2017

 

Date

Description

Business line

Country

Value

Mar 28

Biomass-fired boiler and a flue gas cleaning system

Pulp and Energy

Japan

Around EUR 30-45 million.

Mar 22

New winder to a board machine

Paper

China

Around EUR 5-10 million.

Mar 9

Multifuel power boiler and a flue gas cleaning system

Pulp and Energy

Japan

Around EUR 50 million.

Feb 28

Paper machine rebuild

Paper

Netherlands

Not disclosed.

Feb 9

Paper machine rebuild

Paper

USA

Around EUR 60-70 million.

 

View also the complete list of published orders received.

 

 

Best regards,

Calle Loikkanen

Director, Investor Relations