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Valmet Oyj — Earnings Release 2018
Jul 17, 2018
3247_rns_2018-07-17_9b2e1d43-b6b8-4289-9490-4bf0e4c0d187.html
Earnings Release
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Valmet revises upwards its net sales guidance for 2018
Valmet revises upwards its net sales guidance for 2018
Valmet Oyj's stock exchange release on July 17, 2018 at 2:00 p.m. EET
Due to positive development, Valmet revises upwards its net sales guidance for
2018.
New guidance for 2018:
Valmet estimates that net sales in 2018 will increase in comparison with 2017
(EUR 3,058 million) and Comparable EBITA in 2018 will increase in comparison
with 2017 (EUR 218 million).
Previous guidance for 2018 on March 21, 2018:
Valmet estimates that net sales in 2018 will remain at the same level as in
2017 (EUR 3,058 million) and Comparable EBITA in 2018 will increase in
comparison with 2017 (EUR 218 million).
Valmet will publish its Half Year Financial Review for January 1 - June
30, 2018 on Wednesday, July 25, 2018 at approximately 3:00 pm Finnish time
(EET). The company is currently on silent period and will comment its financial
performance and outlook next time after the publication of the Half Year
Financial Review.
VALMET
Kari Saarinen
CFO
Calle Loikkanen
Director, Investor Relations
Valmet is the leading global developer and supplier of process technologies,
automation and services for the pulp, paper and energy industries. We aim to
become the global champion in serving our customers.
Valmet's strong technology offering includes pulp mills, tissue, board and paper
production lines, as well as power plants for bioenergy production. Our advanced
services and automation solutions improve the reliability and performance of our
customers' processes and enhance the effective utilization of raw materials and
energy.
Valmet's net sales in 2017 were approximately EUR 3.1 billion. Our more than
12,000 professionals around the world work close to our customers and are
committed to moving our customers' performance forward - every day. Valmet's
head office is in Espoo, Finland and its shares are listed on the Nasdaq
Helsinki.
Read more www.valmet.com, www.twitter.com/valmetglobal
Follow Valmet IR on Twitter www.twitter.com/valmetir
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