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      Valmet changes its financial reporting structure aligned with new strategy and provides comparative segment information for 2024 and January-March 2025


      News provided by

      Valmet Oyj

      04 Jun, 2025, 18:01 GMT

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      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
      www.valmet.com

      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.   

      Follow us on valmet.com | X | X (IR) | LinkedIn | Facebook | YouTube | Instagram |

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