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Valmet (OHEL:VALMT) Construction In Progress : €91 Mil (As of Mar. 2024)


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What is Valmet Construction In Progress?

Valmet's quarterly construction in progress declined from Sep. 2023 (€86 Mil) to Dec. 2023 (€81 Mil) but then increased from Dec. 2023 (€81 Mil) to Mar. 2024 (€91 Mil).

Valmet's annual construction in progress increased from Dec. 2021 (€72 Mil) to Dec. 2022 (€84 Mil) but then declined from Dec. 2022 (€84 Mil) to Dec. 2023 (€81 Mil).

Valmet Construction In Progress Historical Data

The historical data trend for Valmet's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Valmet Construction In Progress Chart

Valmet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.00 48.00 72.00 84.00 81.00

Valmet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.00 88.00 86.00 81.00 91.00

Valmet Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Valmet (OHEL:VALMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Valmet Corp (OHEL:VALMT) » Definitions » Construction In Progress
Comparable Companies
OHEL:CGCBV OHEL:WRT1V OHEL:SCANFL OHEL:GLA1V OHEL:RAUTE OHEL:VIAFIN OHEL:MERUS OHEL:NORRH OHEL:ELEAV OHEL:KNEBV XTER:SIE GE XPAR:SU ETN OSTO:ATCO A ITW XKRX:373220 PH EMR AME
Traded in Other Exchanges
VLMTY:USA VOYJF:USA 0QIW:UK 2VO:Germany
Address
Keilasatama 5, P.O. Box 11, Espoo, FIN, 02150
Website
https://www.valmet.com
Valmet Corp is a Finland-based company that supplies technologies, automation solutions, and other services to customers in the pulp, paper, and energy industries. The company has three segments: Services, Automation and Process Technologies. It generates maximum revenue from the Process Technologies segment. The Process Technologies segment provides technology solutions for pulp and energy production, as well as for biomass conversion and emission control. Geographically, it derives a majority of revenue from EMEA followed by North America.

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