OverviewSuggest Edit

Valmet is a global developer and supplier of technologies, automation, and services for the pulp, paper, and energy industries. Its services cover the whole cycle from maintenance outsourcing to mill and plant improvements and spare parts. It operates in four business lines: Services, Pulp, Energy, and Paper, which comprise the development of products and services and global customer projects in the areas of paper, pulp, tissues, and board, as well as bio-energy.

TypePublic
Founded1938
HQEspoo, FI
Websitevalmet.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2020)14,046(+4%)
Job Openings276
Revenue (FY, 2019)€3.5 B(+7%)
Share Price (Sept 2021)€33.4(+3%)
Cybersecurity ratingBMore
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Key People/Management at Valmet

Aki Niemi

Aki Niemi

Business Line President, Services
Pasi Laine

Pasi Laine

President and CEO
Mikael Mäkinen

Mikael Mäkinen

Chairman
Sami Riekkola

Sami Riekkola

Business Line President, Automation
Pekka Kemppainen

Pekka Kemppainen

Board Member
Bertel Karlstedt

Bertel Karlstedt

Business Line President, Pulp and Energy
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Valmet Office Locations

Valmet has offices in Espoo, Imatra, Inkeroinen, Järvenpää and in 126 other locations
Espoo, FI (HQ)
Keilasatama 5
Imatra, FI
F. O. Virtasenkatu 6
Inkeroinen, FI
Kuitutie 2
Juankoski, FI
Puutarhatie 12
Jyväskylä, FI
Rautpohjankatu 3
Järvenpää, FI
Wärtsilänkatu 100
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Valmet Financials and Metrics

Valmet Revenue

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Valmet's revenue was reported to be €3.55 b in FY, 2019 which is a 6.7% increase from the previous period.
EUR

Revenue (Q2, 2020)

919.0m

Gross profit (Q2, 2020)

210.0m

Gross profit margin (Q2, 2020), %

22.9%

Net income (Q2, 2020)

44.0m

EBIT (Q2, 2020)

62.0m

Market capitalization (22-Sept-2021)

5.0b

Closing stock price (22-Sept-2021)

33.4

Cash (30-Jun-2020)

518.0m

EV

4.8b
Valmet's current market capitalization is €5 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

3.2b3.3b3.5b

Revenue growth, %

5%7%

Cost of goods sold

2.5b2.6b2.7b

Gross profit

704.0m764.0m859.0m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

732.0m844.0m765.0m686.0m901.0m857.0m821.0m919.0m

Cost of goods sold

584.0m653.0m588.0m511.0m690.0m647.0m617.0m709.0m

Gross profit

148.0m191.0m177.0m175.0m211.0m210.0m204.0m210.0m

Gross profit Margin, %

20%23%23%26%23%25%25%23%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

949.0m376.0m316.0m

Accounts Receivable

546.0m555.0m656.0m

Inventories

442.0m419.0m514.0m

Current Assets

1.7b1.7b1.9b
Quarterly
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

127.0m152.0m202.0m

Depreciation and Amortization

81.0m76.0m105.0m

Inventories

(4.0m)(95.0m)

Accounts Payable

(1.0m)68.0m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q3, 2020Q2, 2020

Net Income

8.0m43.0m78.0m31.0m70.0m121.0m30.0m74.0m

Depreciation and Amortization

19.0m38.0m57.0m23.0m49.0m77.0m27.0m52.0m

Cash From Operating Activities

19.0m22.0m141.0m30.0m(14.0m)113.0m173.0m324.0m

Capital Expenditures

(16.0m)(36.0m)(57.0m)(18.0m)(38.0m)(57.0m)(17.0m)(44.0m)
EURFY, 2017

Revenue/Employee

257.5k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

3.2 x
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Valmet Operating Metrics

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Valmet Acquisitions / Subsidiaries

Company NameDateDeal Size
J&L Fiber Services IncMay 01, 2019
GL&VFebruary 26, 2019€113 m
Enertechnix IncOctober 02, 2018
Process Automation SystemsJanuary 15, 2015
EPT EngineeringAugust 22, 2013
Fabco IncNovember 01, 2011€2 m
Wyesco of Louisiana L.L.C.July 19, 2010€3 m
TamfeltMay 16, 2009€215 m
LignoBoostDecember 30, 2008
Mecanique Depannage IndustrielsDecember 30, 2007€1 m
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Valmet Revenue Breakdown

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Valmet revenue breakdown by business segment: 38.7% from Services, 9.6% from Automation, 25.9% from Pulp and Energy and 25.7% from Paper

Valmet revenue breakdown by geographic segment: 10.6% from Asia-Pacific, 13.1% from China, 44.1% from EMEA, 10.4% from South America and 21.8% from North America

Human Capital Metrics

Valmet's employees are reported to be approximately 20% female and 80% male.
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Valmet Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Valmet Online and Social Media Presence

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Valmet News and Updates

Valmet receives a repeat order for a tissue production line from Eczacibasi Consumer Products in Turkey

HELSINKI, July 19, 2021 /PRNewswire/ -- Eczacibasi Consumer Products has chosen Valmet as the supplier for their new tissue line, which will be installed at the company's Manisa Plant in Turkey. The new Valmet Advantage DCT 200TS line, including stock-preparation, automation and Focus...

Valmet to deliver a semi-chemical pulp line to Lee & Man Paper Manufacturing Ltd, Chongqing in China

HELSINKI, July 15, 2021 /PRNewswire/ -- Valmet will supply a semi-chemical pulp (SCP) line to Lee & Man Paper Manufacturing Ltd, Chongqing in China. The technology deliveries by Valmet will begin in 2022 and the start-up is planned for 2023. The order is included in Valmet's orders...

Valmet to supply a boiler upgrade and a flue gas cleaning system to Stora Enso's Anjala-Ingerois sites in Finland

HELSINKI, July 14, 2021 /PRNewswire/ -- Valmet will supply a boiler upgrade and a flue gas cleaning system to Stora Enso's Anjala-Ingerois sites in Finland. The goal of the investment is to reduce the emissions and to ensure flexible use of different fuel mixtures in heat production, as...

Valmet to supply a conversion from paper machine to fluff pulp drying machine at Daio Paper Corporation's Mishima mill in Japan

Valmet Oyj's press release on July 13, 2021 at 11:00 a.m. EET HELSINKI, July 13, 2021 /PRNewswire/ -- Valmet will supply a conversion from paper machine to fluff pulp drying machine at Daio Paper Corporation's Mishima mill in Japan. The delivery will include new machinery, rebuilds and...

Invitation to Valmet's Capital Markets Day on March 10, 2021

Valmet invites analysts and institutional investors to its virtual Capital Markets Day on Wednesday, March 10, 2021 at 1 p.m. – 4.30 p.m. EET, Finnish time

Valmet to Supply Steam Profiler and Condition Monitoring Solution and Services to Zhejiang Jingxing Paper co., Ltd. in China

Valmet will supply Valmet IQ Steam Profiler and Valmet DNA Machine Monitoring systems with condition monitoring analysis and diagnosis services to Zhejiang Jingxing Paper Co., Ltd. in China. The systems will be installed on Jingxing Paper’s paper machines PM12 and PM16 to provide effective moisture …
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Valmet Frequently Asked Questions

  • When was Valmet founded?

    Valmet was founded in 1938.

  • Who are Valmet key executives?

    Valmet's key executives are Aki Niemi, Pasi Laine and Mikael Mäkinen.

  • How many employees does Valmet have?

    Valmet has 14,046 employees.

  • What is Valmet revenue?

    Latest Valmet annual revenue is €3.5 b.

  • What is Valmet revenue per employee?

    Latest Valmet revenue per employee is €252.5 k.

  • Who are Valmet competitors?

    Competitors of Valmet include ABB Power Grids Indonesia, Hitachi ABB Power Grids and Voith.

  • Where is Valmet headquarters?

    Valmet headquarters is located at Keilasatama 5, Espoo.

  • Where are Valmet offices?

    Valmet has offices in Espoo, Imatra, Inkeroinen, Järvenpää and in 126 other locations.

  • How many offices does Valmet have?

    Valmet has 147 offices.