Valmet revises upwards its net sales guidance for
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Valmet Oyj's stock exchange release on April 12, 2017 at 3:00 p.m. EET
Due to positive development of orders received, Valmet revises upwards its net sales guidance for 2017.
New guidance for year 2017: Valmet estimates that net sales in 2017 will increase in comparison with 2016 (EUR 2,926 million) and Comparable EBITA in 2017 will increase in comparison with 2016 (EUR 196 million).
Previous guidance for year 2017 on February 8, 2017: Valmet estimates that net sales in 2017 will remain at the same level as in 2016 (EUR 2,926 million) and Comparable EBITA in 2017 will increase in comparison with 2016 (EUR 196 million).
Valmet will publish its Interim Review for January 1 - March 31, 2017 on Tuesday, April 25, 2017 at approximately 12:00 noon 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 Interim 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 2016 were approximately EUR 2.9 billion. Our 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.
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