VALMTNasdaq HelsinkiSpecialty Industrial MachineryIFRS · EUR

Valmet Oyj

Valmet is a global leader in developing and supplying process technologies, automation, and services for the pulp, paper, and energy industries. The company offers a wide range of products and services that enhance the efficiency and reliability of industrial processes. Valmet's operations are supported by a strong focus on sustainability, aiming to transform industries towards a regenerative future. The company's strategic initiatives are centered around improving cost competitiveness and accelerating growth through innovation and a simplified operating model.

Revenue5,197m EUR
−3.0 %y/y
Operating profit (EBIT)438m EUR
−2.4 %y/y
EBIT margin8.4%
+0.0 ppy/y
Net income279m EUR
−0.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,000m EUR2021: 3,935 m EUR2021: EBIT 399 m EUR20212022: 5,074 m EUR2022: EBIT 436 m EUR20222023: 5,532 m EUR2023: EBIT 507 m EUR20232024: 5,359 m EUR2024: EBIT 449 m EUR20242025: 5,197 m EUR2025: EBIT 438 m EUR2025TTM 2026: 5,396 m EURTTM 2026: EBIT 467 m EURTTM5,396467
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Process Technologies33 %

Includes technologies for pulp and paper production.

Automation Solutions25 %

Covers automation systems and flow control technologies.

Biomaterial Solutions20 %

Provides solutions for biomass processing and emissions control.

Lifecycle Services22 %

Offers services to enhance equipment performance and longevity.

Customers

Valmet serves a diverse range of customers primarily in the pulp, paper, and energy industries. These customers seek Valmet's expertise to improve the efficiency, reliability, and sustainability of their production processes. The company's automation and flow control solutions are also utilized by broader process industries, including municipal and industrial energy producers. Valmet's customer base is global, with significant sales in North America, Latin America, EMEA, and Asia-Pacific regions.

Pulp and Paper Producers

Purchase process technologies and services to enhance production efficiency.

Energy Producers

Require solutions for efficient and sustainable energy production.

Industrial Process Companies

Use automation and flow control technologies for operational reliability.

Strategy

Valmet's 'Lead the Way' strategy focuses on accelerating growth, improving cost competitiveness, and reinforcing accountability through a simplified operating model. The company aims to enhance its sustainability initiatives by advancing circularity and resource efficiency. Strategic priorities include strengthening its position in key markets, investing in R&D for innovative solutions, and optimizing its global supply chain. These efforts are expected to drive long-term value creation for stakeholders.

Accelerate GrowthMedium term

To capture market opportunities and increase market share.

Improve Cost CompetitivenessShort term

To enhance profitability and operational efficiency.

Enhance SustainabilityLong term

To align with global trends and regulatory requirements.

Geography

Q3/2025

Valmet operates in approximately 40 countries, with significant sales in the USA, Brazil, and China, which together account for a substantial portion of its revenue. The company's global presence allows it to mitigate risks associated with market uncertainties and geopolitical tensions. Valmet's manufacturing and R&D facilities are strategically located to support its diverse customer base and ensure efficient supply chain management. The company's strong presence in key markets like North America and EMEA is crucial for its growth strategy.

Europe, Middle East and Africa36 %
North America27 %
Latina-Amerikka15 %
Aasia-Tyynenmeren alue12 %
China10 %

Share of the revenue the company reports by geography.

Risks

Valmet faces several risks, including geopolitical tensions that could disrupt global markets and supply chains. The company is also exposed to financial risks such as currency and interest rate fluctuations. Competitive pressures and changes in market conditions may impact pricing and demand for Valmet's products. Additionally, supply chain disruptions and cybersecurity threats pose operational risks. Valmet mitigates these risks through diversification, proactive risk management, and continuous monitoring of market developments.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical tensions1Supply chain disruptions2Cybersecurity threats4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical tensionsImpact: CriticalLikelihood: Medium

    Could disrupt supply chains and customer investment activity.

  2. Supply chain disruptionsImpact: HighLikelihood: Medium

    Affect component availability and project delivery.

  3. Currency fluctuationsImpact: High

    Impact financial results due to global operations.

  4. Cybersecurity threatsImpact: MediumLikelihood: Medium

    Could compromise data integrity and business operations.

Accounting

Judgemental items
Revenue Recognition

Timing affects comparability and financial analysis.

Impact: high

Derivatives and Hedging

Manage currency risks but affect financial results.

Impact: medium

Provisions for Restructuring

Significant impact on reported earnings.

Impact: high

Goodwill Impairment

Affects balance sheet valuations.

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026