Valmet’s Board of Directors has decided to adjust Valmet’s strategy to include Flow Control and align Valmet’s financial targets with Valmet’s financial reporting structure.
Valmet’s new strategy is: Valmet develops and supplies competitive and reliable process technologies, services and automation to the pulp, paper and energy industries. Valmet’s automation business covers a wide base of global process industries. Valmet is committed to moving our customers’ performance forward with our unique offering and way to serve.
Valmet’s previous strategy was: Valmet develops and supplies competitive process technology, services and automation to the pulp, paper and energy industries.
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Valmet’s financial targets
As announced on April 27, 2022, Valmet consists of three reportable segments: Services, Automation and Process Technologies. Valmet’s financial targets remain unchanged.
Valmet’s financial targets are the following (previous targets in brackets):
- Net sales for Services and Automation segments to grow over two times the market growth (previously: Net sales for stable business to grow over two times the market growth)
- Net sales for Process Technology segment to exceed market growth (previously: Net sales for capital business to exceed market growth)
- Comparable EBITA: 12–14% (unchanged)
- Comparable return on capital employed (ROCE) before taxes: at least 15% (unchanged)
- Dividend payout at least 50% of net profit (unchanged)
