this is the first Valmet IR Newsletter with the purpose of wrapping up the previous quarter before the silent period. Interim Review for January-June 2015 will be published on July 30, 2015. The silent period starts on July 9, 2015.
Actions and activities in Q2/2015
In the second quarter Valmet completed the acquisition of Process Automation Systems business, which became the fourth business line of Valmet called Automation. Automation will be included in reporting in Q2/2015 Interim Review. We'll disclose net sales, orders received and personnel also for Automation.
On June 3-4, we arranged a site visit to Jyväskylä including a visit to Metsä Fibre and Metsä Board mill in Äänekoski. Read the blog entry and watch the summary video in IR Director's blog!
On June 24, the Board of Directors of Valmet reconfirmed Valmet's strategy and financial targets, which remained unchanged. Read the stock exchange release.
Remember also to register for our upcoming events:
Sep 10, 2015: Site visit to Sundsvall
Sep 18, 2015: Management presentation in connection with Kemira’s CMD (Sep 17) in Espoo
Sep 24, 2015: Site visit to Shanghai
Details and registration: Please contact Maija Honkanen (email@example.com)
Announced orders received in Q2/2015
|Date (and booking quarter)||Description||Business Line||Country||Value|
|OptiConcept M fine paper making line||Paper||Indonesia||Not disclosed|
|Two orders for automation technology||Automation||Finland||Not disclosed (Typically the order value of automation system deliveries ranges from below EUR 1 million to EUR 3 million)|
|Automation to a new waste-to-energy plant||Automation||UK||Not disclosed (Typically the order value of automation system deliveries ranges from below EUR 1 million to EUR 3 million)|
|Repeat order for two energy recovery systems||Paper||Italy and Poland||Not disclosed|
|Evaporation plant upgrade||Pulp and Energy||Sweden||Not disclosed (a project of this type and scope is typically valued at around EUR 10 million)|
|Modernize automation and remote control||Automation||Finland||Not disclosed|
|Key technology to bioproduct mill||Pulp and Energy||Finland||Approximately EUR 125-150 million|
|Key technologies for paper machine grade conversion||Paper||Finland||Valmet delivery is a part of customer's total EUR 70 million equipment order.|
If you have any questions before the silent period starts, do not hesitate to contact us!
VP, Investor Relations