Q4 2024 Valmet Oyj Earnings Call Transcript

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Feb 13, 2025

Feb 13, 2025 / 09:00AM GMT
Pekka Roheinen Valmet Oyj-Head of Investor Relations

Good morning, and welcome to Valmet's fourth quarter and financial year 2024 publication webcast.

My name is Pekka Roheinen, I'm the Head of Investor Relations here at Valmet. And with me today are the presenters, President and CEO, Thomas Hinnerskov; and CFO, Katri Hokkanen.

The year can be summarized so that Valmet's orders received in 2024 increased to a new record, but net sales and comparable EBITDA did not grow. The market was challenging, especially for capital equipment, but we were, of course, very pleased to win a landmark order which was booked to the fourth quarter.

Today's agenda follows the usual routine. Thomas will first go through the year in brief and walk us through the development of the segments and business lines. And Katri will then discuss the financial development, especially from the fourth quarter perspective. And after that, Thomas will wrap up with the dividend proposal guidance and short-term market outlook. But with that, Thomas, I'll hand it to you.

Thomas Hinnerskov

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