Valmet IR Newsletter Q4/2019

The last quarter of 2019 is behind us, and it is time to wrap up the year before the publication of Valmet’s Financial Statements Review 2019 on February 5. Please note that the silent period will begin on January 15.

IR activities in 2019

Last year, Valmet interacted with approximately 330 investors in ca. 260 events and was on roadshow for 32 days in 12 different countries. Our aim is to continue with the same level of activity in 2020. See our latest Roadshow presentation here.

In June, Valmet organized a site visit for institutional investors and analysts to the Automation business line in Tampere, Finland. Video of the site visit and the presentation material are available on our website.

Valmet’s strong track record of sustainability acknowledgements continued in 2019. Valmet was included in the Dow Jones Sustainability Index (DJSI) already for the sixth consecutive year. The company was listed both in the Dow Jones Sustainability World and Europe indices. MSCI rated Valmet with AAA for ESG, and Valmet was again included in Ethibel Sustainability Index Excellence Europe.

During the year, Valmet received recognition for investor communication. In November, Valmet’s IR won the award for ‘Most effective use of digital communications’ and was ranked #2 for ‘Most effective overall communication of company investment proposition’ at the IR Society Best Practice Awards 2019.

Announcements during Q4/2019

On December 20, Valmet announced the proposal of Valmet’s Nomination Board for the composition and remuneration of the Board of Directors.

On December 19, Valmet announced the Board of Directors’ decisions on share-based incentive plans for key employees and on the acquisition of own shares.

On November 7, Valmet announced a change in the amount of treasury shares.

On October 24, Valmet published its Interim Review January 1 – September 30, 2019.

 

Orders received booked for Q4/2019

Date

Description

Business line

Country

Value

Jan 9

Advantage DCT tissue production line

Paper

El Salvador

Not disclosed.

Dec 17

Advantage ThruAir tissue production line

Paper

USA

Not disclosed.

Nov 26

New recovery boiler and an evaporation upgrade

Pulp and Energy

Sweden

Not disclosed. An order with this size and scope is usually valued in the range of EUR 100-150 million.

Nov 19

New lime kiln and a fiberline upgrade

Pulp and Energy

Sweden

Not disclosed. A project of this size and scope is typically valued at around EUR 50 million.

 

View the list of published orders received.

Upcoming events

January 15 – February 5, 2020: 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.

February 5, 2020: Publication of Financial Statements Review for 2019

February 10, 2020: Q4 presentation for institutional investors in Helsinki, hosted by Nordea

March 19, 2020: Annual General Meeting 2020

See the full list of events in Valmet financial calendar.

Analysts’ consensus expectations

Please see the analysts’ consensus expectations regarding Valmet’s Q4/19 key figures below as collected by Vara Research. For more detailed consensus data, visit the consensus website.

 

Valmet, MEUR

Q4/18

Q4/19 consensus

Change y/y

Order intake

1,026

1,018

-1%

Sales

984

1,086

+10%

Comparable EBITA

113

117

+4%

Comparable EBITA-%

11.5%

10.8%

-0.7p.p.

 

Thank you for your interest in Valmet. I wish you a successful year 2020!

 

Best regards,

Pekka Rouhiainen

Director, Investor Relations