Valmet Corp (LTS:0QIW)
€ 22.305 0.04 (0.18%) Market Cap: 4.12 Bil Enterprise Value: 5.17 Bil PE Ratio: 14.83 PB Ratio: 1.70 GF Score: 78/100
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Q4 2023 Valmet Oyj Earnings Call Transcript

Feb 07, 2024 / 12:00PM GMT
Release Date Price: €26.4 (+2.96%)
Pekka Rouhiainen
Valmet Oyj - VP of IR

Good afternoon, ladies and gentlemen, and welcome to Valmet's Fourth Quarter 2023 as well as the full financial year 2023 result publication webcast. My name is Pekka Rouhiainen. I'm head of Investor Relations here at Valmet. And the speakers today will be Valmet's President and CEO, Pasi Laine; and CFO, Katri Hokkanen. (Operator Instructions) But without further ado, Pasi, please go ahead.

Pasi Kalevi Laine
Valmet Oyj - President & CEO

Thank you Pekka. Welcome. So, 10 years have gone, now it's time to look how the numbers look for the tenth year of Valmet. So we are saying that the orders received remained at previous year's level and amounted to close to EUR 5 billion and comparable EBITA increased to EUR 619 million.

So first, I'll go through 2023 in brief, then some words about segments and business lines, then Katri will go through the financial development and I will go through dividend proposal, guidance and short-term market outlook.

First, '23 in brief. Like I said, orders were close to

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