Reports and presentations

Interim Review January-March 2021

Presentation

Key figures (excel)

Webcast

Transcript

Blog post

Q1/2021 in brief

• Orders received remained at the previous year's level at EUR 508 million in stable business
• Orders received increased to EUR 825 million in capital business
• Net sales remained at the previous year's level at EUR 858 million
• Order backlog amounted to EUR 3.7 billion
• Comparable EBITA increased to EUR 80 million and margin was 9.4%
• Gearing was 3%

President and CEO Pasi Laine: Orders received increased to a new record

"Valmet’s orders received increased to EUR 1,312 million in the first quarter of 2021. This is a record-high quarterly order intake for us. Orders received increased in the Pulp and Energy, Paper, and Automation business lines and remained at the previous year’s level in the Services business line. Our order backlog increased to a record high of EUR 3,709 million, which is EUR 452 million higher than at the end of 2020. Net sales remained at the previous year’s level and Comparable EBITA increased.

One of the highlights of the first quarter was the introduction of Valmet’s climate program – Forward to a carbon neutral future. The program includes ambitious CO₂ emission reduction targets and concrete actions for the whole value chain, including Valmet’s own operations, the supply chain, and the use of Valmet’s technologies by its customers. The program is aligned with the Paris Climate Agreement’s 1.5-degree pathway and the United Nations Sustainable Development Goals."