Valmet Oyj
ISIN: FI4000074984 | Ticker: VALMT | LEI: 213800D9O7FUQDH83V62
Country: Finland
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.
17,000
HeadquartersKeilasatama 5, 2150 Espoo – Finland
| 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.
FI4000074984
LEI213800D9O7FUQDH83V62
SectorIndustrial Machinery & Supplies & Components
Listed Stock ExchangeOMX Helsinki 25
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