Valmet has released the financial results for the fourth quarter and full year ended December 31, 2024. Key points include:
- Fourth quarter Orders received increased to €2,463m (€1,155m).
- Fourth quarter Net sales remained at the previous year’s level and amounted to €1,528m (€1,499m).
- Fourth quarter Comparable EBITA margin was 12.6% (12.2%)
- Full year Orders received increased 18% to €5,837m (€4,955m).
- Full Year Net sales remained at the previous year’s level and amounted to €5,359m (€5,532m).
Valmet estimates that net sales in 2025 will remain at the previous year’s level in comparison with 2024 (€5,359m) and comparable EBITA in 2025 will remain at the previous year’s level in comparison with 2024 (€609m).
“The year 2024 was marked by multiple achievements and key events for Valmet. The main highlights were the successful launch of Valmet DNAe, our next-generation industrial automation system, and the landmark order to supply the world’s largest single-phase pulp mill project, valued at over a billion euros, to Arauco in Brazil. In terms of financial results, we were pleased to see Valmet’s orders received increase to a new record with a mix of roughly 60 percent stable business and 40 percent capital business. A strong order backlog of close to €4.5 bn gives us a solid starting point going into 2025,” said Thomas Hinnerskov, President and CEO.
