Q2 2020 Valmet Oyj Earnings Call Transcript

Jul 23, 2020 / 01:00PM GMT
Pekka Rouhiainen - Valmet Oyj - Director of IR

Good afternoon, ladies and gentlemen, and welcome to Valmet's Q2 2020 Result Publication and Webcast. My name is Pekka Rouhiainen. 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) Without further ado, Pasi, please go ahead.

Pasi Kalevi Laine - Valmet Oyj - President & CEO

Thank you, Pekka. So welcome. So our headline is today, orders received decreased to EUR 826 million and comparable EBITA increased to EUR 76 million in the second quarter. So what I will go through today is first number on the quarter in brief, development of the business lines, a couple of words about the share acquisition in Neles. Kari will go through the financial development, and I'll come back with the guidance and short-term market outlook.

First, quarter 2 2020 in brief. So our orders received decreased in stable business to EUR 426 million. In capital business, orders received decreased to EUR 416 million. Net sales

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot