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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Q1 2021 Valmet Oyj Earnings Call Transcript

Apr 22, 2021 / 11:00AM GMT
Release Date Price: €34.64 (+3.43%)
Pekka Rouhiainen
Valmet Oyj - Director of IR

All right, ladies and gentlemen, welcome to Valmet's Q1 2021 Results Publication Webcast. My name is Pekka Rouhiainen and I'm the Head of Investor Relations here at Valmet. And with me today are Pasi Laine, President and CEO; as well as Kari Saarinen, CFO. (Operator Instructions) But without further ado, Pasi, please go ahead.

Pasi Kalevi Laine
Valmet Oyj - President & CEO

Thank you, Pekka, all right as well. So welcome to the quarterly call. So my headline is -- or our headline is, orders received increased to EUR 1.3 billion and comparable EBITA to EUR 80 million in the first quarter. So I will have the traditional agenda, or we will have first, quarter 1 in brief, then development of business lines. Then some words about Valmet's climate program. Kari will go through the financial development, and I'll come back to the guidance and short-term market outlook.

So first, quarter 1 in brief. Orders received remained at previous year's level in our stable business, and they were EUR 508 million. Orders

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