Valmet (VALMT) Investor presentation summary

Company overview and global presence

• Operates globally with 18,500 employees and over 120 sales countries, 110+ service centers, and 70+ production units.

• Net sales in 2025 reached EUR 5,197 million with a comparable EBITA of EUR 620 million and an 11.9% margin.

• Holds leading market positions in pulp, paper, energy, and automation solutions.

• Over one-third of global paper & board production uses its machines.

• 225 years of industrial history underpin its market leadership.

Strategic direction and financial targets

• 2030 targets include 5% organic growth, 15% comparable EBITA margin, and 20% ROCE.

• Strategy focuses on lifecycle services, digitalization, and recurring demand.

• Capital allocation prioritizes organic growth, selective M&A, and at least 50% dividend payout.

• EUR 100 million in structural cost savings targeted by 2030 through global supply optimization.

• Operating model renewal and cost competitiveness are central to the new strategy.

Segment performance and market outlook

• Process Performance Solutions delivered 19.6% EBITA margin in 2025, with strong growth from automation and flow control.

• Biomaterial Solutions and Services segment had EUR 3,716 million in net sales in 2025, with leading positions in pulp, energy, and tissue.

• Q1 2026 net sales grew 9% organically, but EBITA margin declined to 9.2% due to sales mix and lower gross margin.

• Process Performance Solutions Q1 2026 margin improved to 18.5% on cost savings, while Biomaterial Solutions margin dropped to 7.1%.

• Guidance for 2026 expects net sales and EBITA to remain at or above 2025 levels, with market uncertainty due to geopolitical and economic factors.