Valmet will host Capital Markets Day for investors and analysts today, Thursday, March 19, 2015 in London. The aim of the event is to provide information about Valmet's strategy, growth drivers and profitability improvement measures, among others. Valmet implements its strategy by Must-Wins which are introduced in more detailed level at the event.
At the event President and CEO Pasi Laine will tell more about the acquisition of Process Automation Systems business. Automation will become Valmet's fourth business line. The completion of the transaction is subject to approval by the competition authorities.
"Year 2014 was a successful start for Valmet as an independent, listed company, and now we focus on moving Valmet forward. Valmet has a strong market position in growing markets. Valmet's growing, profitable and stable service and automation business with EUR 1.3 billion net sales balances our cyclical capital business. Valmet is strong in cyclical capital business with long-term growth potential and increased flexibility in cost structure," says Pasi Laine, President and CEO.
"After the completion of the acquisition of Process Automation Systems business, Valmet has a unique offering with process technology, automation and services. In the future, we'll continue to focus on profitability and have increasing effort in renewal," Pasi Laine continues.
CMD presentation material and live webcast
The presentation material for Valmet's Capital Markets Day will be available at Valmet's website on March 19, at approximately 12:30 p.m. EET at www.valmet.com/cmd. The material is in English. It is possible the follow all the Capital Markets Day's presentations as a live webcast at the same address. A recording of the webcast as well as a summary video of the key messages of the event will be available after the Capital Markets Day.
Further information, please contact:
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation, tel. +358 40 826 2172
Practical arrangements: Päivi Helminen, Assistant, Corporate Finance & Treasury, Valmet Corporation, tel. +358 40 867 7356
VP, Investor Relations
Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.
Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.
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