Q3 2025 Valmet Oyj Earnings Call Transcript
Key Points
- Valmet Oyj (VLMTY) achieved 11% organic growth in orders received for its process performance segment, indicating strong market trust and execution capability.
- The company secured a record large tissue order from the US, setting a new benchmark and opening robust life cycle opportunities.
- Valmet Oyj (VLMTY) delivered its best third quarter ever with a comparable EBITDA of EUR 159 million and a margin of 12.3%, slightly higher than last year.
- The company realized EUR 15 million in cost savings from its renewed operating model in Q3, with a full run rate expected by early 2026.
- Valmet Oyj (VLMTY) maintained a solid order backlog of EUR 4.5 billion, providing a strong foundation for future quarters.
- The biomaterials segment faced softer market conditions, with service orders essentially flat and a decline in the comparable EBITDA margin to 9.5%.
- Currency headwinds negatively impacted net sales by approximately EUR 31 million due to the strengthening of the EUR against the US dollar.
- The company experienced a slowdown in consumables and performance parts, particularly in Europe and North America.
- Valmet Oyj (VLMTY) reported a decrease in adjusted earnings per share by 8% from the previous year, mainly due to restructuring expenses.
- The biomaterial services market showed signs of further softening, with a risk of continued decline in consumables and performance parts orders.
Good morning everyone and welcome to Valmet's third quarter results webcast. My name is Pekka Rouhiainen, I am Vice President of Investor Relations, and with me today are President and CEO, Thomas Hinnerskov; and CFO, Katri Hokkanen.
Thank you for taking the time to join us today. We will walk you through Valmet's third quarter. We will highlight our improving performance, key order wins and how we are navigating a market that continues to present both challenges and opportunities.
The agenda is straightforward and the usual, so first, Thomas will present the Q3 highlights and discuss our strategy execution, and then Katri will go through the financials and Thomas then conclude with the guidance and market outlook. And after the presentations, we will open the lines for your questions, and there is also the possibility to post the questions through the digital platform. So thank you again for joining us and your interest in environment.
But with that, Thomas, the floor is yours.
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
