Q1 2022 Valmet Oyj Earnings Call Transcript

Apr 27, 2022 / 11:00AM GMT
Pekka Rouhiainen - Valmet Oyj - Director of IR

Good afternoon, ladies and gentlemen, and welcome to Valmet's Q1 2022 Results Publication Webcast. My name is Pekka Rouhiainen. I'm the Head of Investor Relations here at Valmet. And presenters today are Pasi Laine, President and CEO, Valmet; and Simo Saaskilahti; the Business Line President of Flow Control. (Operator Instructions) So Pasi, please.

Pasi Kalevi Laine - Valmet Oyj - President & CEO

Thank you, Pekka. Welcome as well. So the headline is today that orders received amounted to EUR 1.3 billion and comparable EBITDA to EUR 79 million in the first quarter. So then I have a little bit longer agenda today than normally.

First Q1 '22 in brief, then some words about merger with Neles. Then some words about development of segments and business lines, financial development. Then, Simo will come to talk about Neles' Q1 numbers. And then, I'll come back to the stage to talk about financial targets, guidance or short term market outlook.

So I will be presenting many slides today. So first, Q1

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