Valmet Corp (OHEL:VALMT)
€ 23.4 -0.3 (-1.27%) Market Cap: 4.31 Bil Enterprise Value: 5.36 Bil PE Ratio: 14.93 PB Ratio: 1.72 GF Score: 77/100

Valmet Oyj to Discuss Proposed Statutory Merger Between Neles Oyj Call Transcript

Sep 29, 2020 / 09:30AM GMT
Release Date Price: €21.63 (-4.88%)
Pekka Rouhiainen
Valmet Oyj - Director of IR

Okay. Welcome, everybody to Valmet's press conference regarding Valmet's proposal to start discussions on a statutory merger between Valmet and Neles. My name is Pekka Rouhiainen. I'm Head of the Investor Relations at Valmet. And with me today are Pasi Laine, Valmet's CEO; and Kari Saarinen, CFO.

Today's agenda show that Pasi will first go through what Valmet and Neles are today and then what kind of combination these 2 companies will be together.

This call can be listened as an audio cast from Valmet's website where you can also follow the slide so that Pasi will be presenting. And after the presentations, you will have a chance to ask questions over the conference call for lines from Pasi and Kari. So Pasi, please go ahead.

Pasi Kalevi Laine
Valmet Oyj - President & CEO

Okay. Thank you, Pekka. So as Pekka said, we are talking about Valmet's proposal to start discussions on statutory development with Neles. And we have approached today the Board of Directors of Neles with a proposal to

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