Valmet Changes Its Financial Reporting Structure Aligned With New Strategy And Provides Comparative Segment Information For 2024 And January-March 2025

2025-06-04 02:16:02

(MENAFN- PR Newswire)

Valmet Oyj's stock exchange release on June 4, 2025 at 8:30 p.m. EEST

ESPOO, Finland, June 4, 2025 /PRNewswire/ -- Valmet changes its financial reporting structure to reflect its new strategy, which was published today, and the new operating model announced on March 31, 2025. The new operating model and reporting structure will take effect on July 1, 2025.

In the new financial reporting structure, Valmet consists of two reportable segments: Biomaterial Solutions and Services, and Process Performance Solutions.

Biomaterial Solutions and Services segment provides technology solutions and services throughout the lifecycle for its customers who operate mainly in pulp, paper and energy industries.

Process Performance Solutions segment delivers flow control technologies as well as automation solutions ranging from single measurements to mill- or plant-wide process automation systems, along with the associated services. It has a diversified portfolio of customer industries globally.

The two segments are comprised of business areas as follows:

Biomaterial Solutions and Services segment consists of three business areas:
- Pulp, Energy and Circularity
- Packaging and Paper
- Tissue
Process Performance Solutions segment consists of two business areas:
- Flow Control
- Automation Solutions

The business areas Pulp, Energy and Circularity; Packaging and Paper; and Tissue combine Valmet's technology and service businesses for their respective customer industries. Each business area integrates technology deliveries and lifecycle services to strengthen customer proximity, lifecycle focus, and value creation with industry-specific offerings.

The Flow Control business area corresponds to the former Flow Control business line. The Automation Solutions business area was previously called Automation Systems business line.

For both reportable segments, Valmet will report orders received, net sales and profitability (EBITA and comparable EBITA), as well as amortization and items affecting comparability. Valmet will also report services orders received and net sales for the Biomaterial Solutions and Services segment to maintain visibility to this strategically important part of the business.

For each business area, Valmet will report orders received, net sales and personnel.

Valmet will continue to report orders received, net sales and personnel for the five geographical areas: North America, Latin America (previously South America), EMEA, China and Asia-Pacific.

The new reporting structure is aligned with the way Valmet management follows the operational performance of Valmet's businesses.

Valmet will change its financial reporting structure to correspond to the new operating model in its January–September 2025 Interim Review. To provide a basis for comparison, the following tables show financial information with the new reporting structure on an unaudited basis for all four quarters and full year 2024, as well as first quarter of 2025. As additional information Valmet plans to publish the corresponding financial information for the first six months of 2025 and for the second quarter 2025 in its Half Year Financial Review 2025.

Quarterly information

Orders received, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	722	930	719	2 020	4 392	926
Pulp, Energy and Circularity	259	367	321	1 336	2 283	465
Packaging and Paper	298	402	317	412	1 428	340
Tissue	166	162	81	272	681	121
Of which service	527	497	412	479	1 915	568
Process Performance Solutions	328	352	322	443	1 446	406
Flow Control	194	195	188	185	763	215
Automation Solutions	134	157	133	258	683	191
Total	1 050	1 283	1 041	2 463	5 837	1 332

Net sales, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	903	973	941	1 104	3 922	846
Pulp, Energy and Circularity	367	386	380	442	1 574	339
Packaging and Paper	412	443	417	474	1 746	387
Tissue	124	144	145	189	602	119
Of which service	406	473	453	567	1 900	433
Process Performance Solutions	309	351	354	424	1 437	339
Flow Control	188	201	196	206	791	192
Automation Solutions	121	150	158	217	646	147
Total	1 212	1 324	1 295	1 528	5 359	1 184

Comparable EBITA, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	80	95	101	128	403	82
Process Performance Solutions	51	58	65	81	255	55
Other	-11	-12	-10	-17	-49	-16
Total	121	141	156	192	609	121

Comparable EBITA, % of net sales	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	8.9 %	9.8 %	10.7 %	11.6 %	10.3 %	9.7 %
Process Performance Solutions	16.5 %	16.5 %	18.3 %	19.1 %	17.7 %	16.2 %
Total	10.0 %	10.6 %	12.0 %	12.6 %	11.4 %	10.2 %

EBITA, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	77	87	84	116	364	80
Process Performance Solutions	50	58	64	76	248	54
Other	-14	-13	-10	-19	-56	-21
Total	114	132	138	173	557	113

EBITA, % of net sales	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	8.6 %	9.0 %	8.9 %	10.5 %	9.3 %	9.5 %
Process Performance Solutions	16.2 %	16.4 %	18.2 %	17.9 %	17.2 %	16.0 %
Total	9.4 %	9.9 %	10.7 %	11.3 %	10.4 %	9.6 %

Items affecting comparability, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	-3	-8	-17	-12	-39	-2
Process Performance Solutions	-1	0	0	-5	-7	-1
Other	-3	-1	0	-3	-7	-5
Total	-7	-9	-17	-19	-53	-8

Amortization, EUR million	Q1/2024	Q2/2024	Q3/2024	Q4/2024	2024	Q1/2025
Biomaterial Solutions and Services	-11	-11	-11	-5	-36	-6
Process Performance Solutions	-12	-14	-14	-14	-54	-14
Other	-4	-4	-4	-5	-18	-5
Total	-27	-29	-29	-23	-108	-24

Year-to-date information

Orders received, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	722	1 653	2 372	4 392	926
Pulp, Energy and Circularity	259	625	946	2 283	465
Packaging and Paper	298	700	1 016	1 428	340
Tissue	166	328	409	681	121
Of which service	527	1 024	1 436	1 915	568
Process Performance Solutions	328	681	1 002	1 446	406
Flow Control	194	389	578	763	215
Automation Solutions	134	291	425	683	191
Total	1 050	2 333	3 374	5 837	1 332

Net sales, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	903	1 877	2 818	3 922	846
Pulp, Energy and Circularity	367	753	1 132	1 574	339
Packaging and Paper	412	856	1 272	1 746	387
Tissue	124	269	413	602	119
Of which service	406	880	1 333	1 900	433
Process Performance Solutions	309	659	1 013	1 437	339
Flow Control	188	389	585	791	192
Automation Solutions	121	271	429	646	147
Total	1 212	2 536	3 831	5 359	1 184

Comparable EBITA, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	80	175	276	403	82
Process Performance Solutions	51	109	174	255	55
Other	-11	-23	-32	-49	-16
Total	121	262	417	609	121

Comparable EBITA, % of net sales	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	8.9 %	9.3 %	9.8 %	10.3 %	9.7 %
Process Performance Solutions	16.5 %	16.5 %	17.1 %	17.7 %	16.2 %
Total	10.0 %	10.3 %	10.9 %	11.4 %	10.2 %

EBITA, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	77	165	248	364	80
Process Performance Solutions	50	107	172	248	54
Other	-14	-27	-36	-56	-21
Total	114	245	384	557	113

EBITA, % of net sales	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	8.6 %	8.8 %	8.8 %	9.3 %	9.5 %
Process Performance Solutions	16.2 %	16.3 %	17.0 %	17.2 %	16.0 %
Total	9.4 %	9.7 %	10.0 %	10.4 %	9.6 %

Items affecting comparability, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	-3	-11	-28	-39	-2
Process Performance Solutions	-1	-1	-2	-7	-1
Other	-3	-4	-4	-7	-5
Total	-7	-16	-33	-53	-8

Amortization, EUR million	Q1/2024	Q1-Q2/2024	Q1-Q3/2024	2024	Q1/2025
Biomaterial Solutions and Services	-11	-21	-32	-36	-6
Process Performance Solutions	-12	-26	-40	-54	-14
Other	-4	-9	-13	-18	-5
Total	-27	-56	-85	-108	-24

Further information, please contact:

Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET
Katri Hokkanen
CFO
Pekka Rouhiainen
VP, Investor Relations

DISTRIBUTION:

Nasdaq Helsinki
Major media

Valmet has a global customer base across various process industries. We are a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With our automation and flow control solutions, we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day.

The company has more than 225 years of industrial history and a strong track record in continuous improvement, sustainability, and renewal. Valmet's net sales in 2024 were approximately EUR 5.4 billion.

Valmet's shares are listed on the Nasdaq Helsinki, and the head office is in Espoo, Finland.

Processing of personal data

This information was brought to you by Cision

,c4159397

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE? 440k+
Newsrooms &
Influencers 9k+
Digital Media
Outlets 270k+
Journalists
Opted In GET STARTED

MENAFN04062025003732001241ID1109637427

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.