Valmet Oyj Logo

Valmet Oyj

ISIN: FI4000074984 | Ticker: VALMT | LEI: 213800D9O7FUQDH83V62
Country: Finland

About Valmet Oyj

Company Description

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries.

We aim to become the global champion in serving our customers. Our 17,000 professionals work close to our customers and are committed to improving our customers’ performance – every day.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. In 2022, a major milestone was achieved, when flow control company Neles was merged into Valmet. The combined company net sales in 2021 was approximately EUR 4.5 billion based on the respective company figures.

Headcount

17,000

Headquarters

Keilasatama 5, 2150 Espoo – Finland

Financial statements

Download as Excel
Line item in (eur) 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 3,452,000,000.00 3,959,000,000.00 4,420,000,000.00 6,273,000,000.00
Noncurrent Assets N/A 1,511,000,000.00 2,016,000,000.00 2,057,000,000.00 3,386,000,000.00
Property Plant And Equipment N/A 429,000,000.00 441,000,000.00 468,000,000.00 600,000,000.00
Land N/A 25,000,000.00 25,000,000.00 25,000,000.00 41,000,000.00
Buildings N/A 115,000,000.00 124,000,000.00 123,000,000.00 152,000,000.00
Construction In Progress N/A 51,000,000.00 48,000,000.00 72,000,000.00 85,000,000.00
Goodwill N/A 687,000,000.00 711,000,000.00 730,000,000.00 1,611,000,000.00
Intangible Assets Other Than Goodwill N/A N/A 272,000,000.00 274,000,000.00 1,030,000,000.00
Other Intangible Assets N/A 253,000,000.00 272,000,000.00 N/A N/A
Investments In Associates Accounted For Using Equity Method N/A 13,000,000.00 468,000,000.00 461,000,000.00 15,000,000.00
Deferred Tax Assets N/A 73,000,000.00 61,000,000.00 66,000,000.00 62,000,000.00
Current Tax Assets Noncurrent N/A 30,000,000.00 27,000,000.00 28,000,000.00 33,000,000.00
Other Noncurrent Nonfinancial Assets N/A 17,000,000.00 14,000,000.00 8,000,000.00 14,000,000.00
Other Noncurrent Assets N/A 141,000,000.00 592,000,000.00 585,000,000.00 145,000,000.00
Current Assets N/A 1,942,000,000.00 1,943,000,000.00 2,363,000,000.00 2,887,000,000.00
Inventories N/A 514,000,000.00 553,000,000.00 662,000,000.00 934,000,000.00
Current Raw Materials And Current Production Supplies N/A 84,000,000.00 89,000,000.00 94,000,000.00 240,000,000.00
Work In Progress N/A 328,000,000.00 355,000,000.00 425,000,000.00 424,000,000.00
Finished Goods N/A 101,000,000.00 110,000,000.00 143,000,000.00 271,000,000.00
Current Trade Receivables N/A N/A 602,000,000.00 644,000,000.00 834,000,000.00
Other Current Receivables N/A 108,000,000.00 133,000,000.00 150,000,000.00 223,000,000.00
Current Tax Assets Current N/A 27,000,000.00 28,000,000.00 28,000,000.00 45,000,000.00
Other Current Financial Assets N/A 59,000,000.00 124,000,000.00 80,000,000.00 89,000,000.00
Cash and cash equivalents 376,000,000.00 316,000,000.00 274,000,000.00 517,000,000.00 277,000,000.00
Equity And Liabilities N/A 3,452,000,000.00 3,959,000,000.00 4,420,000,000.00 6,273,000,000.00
Equity 945,000,000.00 1,046,000,000.00 1,142,000,000.00 1,332,000,000.00 2,501,000,000.00
Issued Capital N/A 100,000,000.00 100,000,000.00 100,000,000.00 140,000,000.00
Retained Earnings N/A 534,000,000.00 633,000,000.00 804,000,000.00 999,000,000.00
Equity Attributable To Owners Of Parent N/A 1,040,000,000.00 1,137,000,000.00 1,326,000,000.00 2,496,000,000.00
Noncontrolling Interests N/A 6,000,000.00 6,000,000.00 6,000,000.00 5,000,000.00
Liabilities N/A 2,407,000,000.00 2,817,000,000.00 3,088,000,000.00 3,772,000,000.00
Noncurrent Liabilities N/A 492,000,000.00 789,000,000.00 520,000,000.00 1,034,000,000.00
Noncurrent Provisions N/A 31,000,000.00 47,000,000.00 25,000,000.00 38,000,000.00
Noncurrent Provisions For Employee Benefits N/A 190,000,000.00 201,000,000.00 N/A N/A
Deferred Tax Liabilities N/A 66,000,000.00 65,000,000.00 69,000,000.00 238,000,000.00
Noncurrent Recognised Liabilities Defined Benefit Plan N/A N/A 201,000,000.00 189,000,000.00 132,000,000.00
Other Noncurrent Liabilities N/A 8,000,000.00 18,000,000.00 4,000,000.00 8,000,000.00
Longterm Borrowings N/A 159,000,000.00 417,000,000.00 195,000,000.00 555,000,000.00
Current Liabilities N/A 1,915,000,000.00 2,029,000,000.00 2,569,000,000.00 2,738,000,000.00
Current Provisions N/A 142,000,000.00 164,000,000.00 189,000,000.00 181,000,000.00
Trade And Other Current Payables To Trade Suppliers N/A 354,000,000.00 372,000,000.00 374,000,000.00 442,000,000.00
Current Contract Liabilities N/A 913,000,000.00 1,002,000,000.00 1,263,000,000.00 1,205,000,000.00
Current Tax Liabilities Current N/A 66,000,000.00 65,000,000.00 79,000,000.00 79,000,000.00
Other Current Financial Liabilities N/A 14,000,000.00 29,000,000.00 24,000,000.00 50,000,000.00
Other Current Liabilities N/A 356,000,000.00 357,000,000.00 396,000,000.00 591,000,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A N/A 18,000,000.00 222,000,000.00 155,000,000.00
Line item in (eur) 01.01.2019/
01.01.2020
01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 3,547,000,000.00 3,740,000,000.00 3,935,000,000.00 5,074,000,000.00
Other Income N/A 17,000,000.00 27,000,000.00 100,000,000.00
Profit Loss From Operating Activities 281,000,000.00 319,000,000.00 399,000,000.00 436,000,000.00
Finance Income 4,000,000.00 4,000,000.00 9,000,000.00 15,000,000.00
Finance Costs 15,000,000.00 15,000,000.00 13,000,000.00 20,000,000.00
Profit Loss Before Tax 269,000,000.00 307,000,000.00 395,000,000.00 431,000,000.00
Income Tax Expense Continuing Operations 67,000,000.00 75,000,000.00 99,000,000.00 93,000,000.00
Profit (loss) 202,000,000.00 231,000,000.00 296,000,000.00 338,000,000.00
Profit Loss Attributable To Owners Of Parent 201,000,000.00 231,000,000.00 296,000,000.00 338,000,000.00
Profit Loss Attributable To Noncontrolling Interests 1,000,000.00 0.00 1,000,000.00 0.00
Line item in (eur) 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 202,000,000.00 231,000,000.00 296,000,000.00 338,000,000.00
Adjustments For Income Tax Expense N/A 67,000,000.00 75,000,000.00 99,000,000.00 93,000,000.00
Adjustments For Depreciation And Amortisation Expense N/A 105,000,000.00 106,000,000.00 120,000,000.00 203,000,000.00
Other Adjustments For Noncash Items N/A 8,000,000.00 27,000,000.00 -22,000,000.00 -73,000,000.00
Dividends Received Classified As Operating Activities N/A N/A N/A 0.00 1,000,000.00
Interest Paid Classified As Operating Activities N/A -8,000,000.00 -8,000,000.00 8,000,000.00 12,000,000.00
Interest Received Classified As Operating Activities N/A -4,000,000.00 -4,000,000.00 8,000,000.00 11,000,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 55,000,000.00 75,000,000.00 91,000,000.00 131,000,000.00
Cash Flows From Used In Operating Activities N/A 295,000,000.00 532,000,000.00 482,000,000.00 36,000,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 163,000,000.00 48,000,000.00 15,000,000.00 -117,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 6,000,000.00 1,000,000.00 N/A N/A
Cash Flows From Used In Investing Activities N/A -237,000,000.00 -592,000,000.00 -99,000,000.00 20,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 4,000,000.00 6,000,000.00 3,000,000.00 5,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 25,000,000.00 26,000,000.00 26,000,000.00 39,000,000.00
Dividends Paid Classified As Financing Activities N/A 97,000,000.00 120,000,000.00 135,000,000.00 180,000,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A 1,000,000.00 -48,000,000.00 27,000,000.00 23,000,000.00
Cash Flows From Used In Financing Activities N/A -120,000,000.00 28,000,000.00 -155,000,000.00 -292,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A N/A -32,000,000.00 227,000,000.00 -236,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 2,000,000.00 -10,000,000.00 16,000,000.00 -4,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -62,000,000.00 -32,000,000.00 N/A N/A
Cash and cash equivalents 376,000,000.00 316,000,000.00 274,000,000.00 517,000,000.00 277,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
FIN / ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
FIN / ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2020

Report
Q1
H1
Q3
FY
Consolidated Report
ENG / FIN
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Sign up and we will give you access!

Capital markets information

ISIN

FI4000074984

LEI

213800D9O7FUQDH83V62

Sector

Industrials

Industry Group

Capital Goods

Industry

Machinery

Sub-Industry

Industrial Machinery & Supplies & Components

Listed Stock Exchange

Nasdaq Helsinki

Stock Index

OMX Helsinki 25

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.