Previous Close | 27.53 |
Open | 27.78 |
Bid | 27.84 x 0 |
Ask | 27.86 x 0 |
Day's Range | 27.71 - 27.93 |
52 Week Range | 19.94 - 32.99 |
Volume | |
Avg. Volume | 418,844 |
Market Cap | 5.129B |
Beta (5Y Monthly) | 1.03 |
PE Ratio (TTM) | 13.93 |
EPS (TTM) | 2.00 |
Earnings Date | Jul 26, 2023 |
Forward Dividend & Yield | 1.30 (4.66%) |
Ex-Dividend Date | Sep 29, 2023 |
1y Target Est | 39.30 |
Valmet hosts a Capital Markets Day for institutional investors and other capital markets representatives today, Wednesday, March 8, 2023, at 12:00 – 15:40 EET in Espoo. The aim of the Capital Markets Day is to provide an update on Valmet's businesses and drivers for growth and profitability. Valmet's strategy and financial targets remain unchanged. The day will include presentations by Pasi Laine, President and CEO, Katri Hokkanen, CFO, and the Business Line Presidents.
Valmet will supply a new tissue production line with the latest technology to Metsä Tissue's mill in Mariestad, Sweden. The delivery also includes an extensive package of stock preparation, automation and service solutions. The order is part of Metsä Tissue's development program "Future Mill", aiming for world class environmental and technological performance in tissue production.
Valmet will supply a coated board machine for Graphic Packaging International (GPI) in the United States. Valmet delivered a similar coated board machine to GPI's Kalamazoo mill in 2022. The new machine will be supplied to GPI's mill in Waco, Texas. The start-up of the machine is scheduled for early 2026.
Notice is given to the shareholders of Valmet Oyj ("Valmet" or the "Company") to the Annual General Meeting to be held on March 22, 2023 starting at 1:00 p.m. (EET) at Scandic Marina Congress Center at the address Katajanokanlaituri 6, 00160, Helsinki, Finland. The reception of the shareholders who have registered for the meeting and the distribution of voting tickets will commence at 12:00 noon.
Valmet has been selected to rebuild the cooking, fiberline and evaporation plant of Andhra Paper's Rajahmundry unit in India. The delivery is scheduled to take place in December 2023, and the start-up is planned for the first quarter 2024.
Valmet will deliver boiler conversions and emission reduction solutions for Veolia Group's Hungarian subsidiary CHP-Invest Kft at its power plant in Oroszlány, Hungary. The order includes the conversion of two coal-fired boilers to bubbling fluidized bed combustion to enable the boilers to run mainly on biomass fuel.
Valmet upgrades the coating section of the board machine 5 at Stora Enso Imatra Mills, Tainionkoski in Finland. In addition to electric heated OptiDry Coat air dryers, the upgrade includes a drying capacity increase in the coating section, a new wire loop to the existing dryer group and automation. The upgrade will bring energy savings and reduce emissions.
The Board of Directors of Valmet Oyj has decided on a continuation of its share-based long-term incentive plans (LTI Plans), a Performance Share Plan and a Deferred Share Plan, as well as a restricted shares pool (Restricted Pool) for Valmet's key employees. The aim of the plans is to align the interests of the shareholders and the key employees to increase the value of Valmet Oyj (the Company) in the long run, to steer the key employees towards achieving the Company's selected strategic targets
Valmet has signed a contract with Circa to supply a pyrolyzer plant for the production of sustainable biochemicals at Circa's ReSolute plant in France. Valmet's delivery includes pyrolyzer technology, a circulating fluidized bed (CFB) boiler and an automation system. The ReSolute plant will produce 1,000 tonnes of bio-based solvent called CyreneTM per year. It is used to replace fossil petroleum-based solvents used in a wide variety of industries.
Starting from January 1, 2022, Valmet has a new financial reporting structure consisting of three reportable segments (segments): Services, Automation and Process Technologies. Services segment includes the Services business line. Automation segment includes the Automation Systems business line (previously called Automation), and as of April 1, 2022, also the Flow Control business line. Process Technologies segment includes the Pulp and Energy, and Paper business lines.
Valmet Oyj's press release on September 27, 2022 at 11:00 a.m. EEST
Scotia Global Asset Management today announced the June 2022 cash distributions for the Scotia ETFs listed on the NEO Exchange, which pay on a monthly or quarterly basis, as noted below. Unitholders of record on June 27, 2022 will receive a cash distribution payable on July 5, 2022, as noted below.