Q4 2019 Valmet Oyj Earnings Call Transcript

Feb 05, 2020 / 01:00PM GMT
Pekka Rouhiainen - Valmet Oyj - Director of IR

All right, ladies and gentlemen, welcome to Valmet's Q4 2019 Results Publication and Webcast. My name is Pekka Rouhiainen, I'm the Head of Investor Relations here at Valmet; and with me today are President and CEO, Pasi Laine; as well as CFO, Kari Saarinen.

We will today discuss our financial year

2019 results as well as the Q4 results and also go through the new financial targets that were published earlier today as well. And after the presentations, you will have the chance to ask questions here at Keilasatama, over the phone lines. But without further ado, Pasi, please go ahead.

Pasi Kalevi Laine - Valmet Oyj - President & CEO

Okay. Thank you, Pekka. So our title today is orders received increased to EUR 4 billion and comparable EBITA to EUR 316 million in 2019. So my agenda and Kari's agenda today is that, first, I'll go through the numbers in brief, 2019 numbers, then couple words about the development of business lines. Then Kari goes through the financial development, then I'll come

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