Brief: Valmet Keeps FY Guidance, Sees Short-Term Decline in Services, Board & Paper

Valmet

30/10/2024 12:08

Oct 30 (Reuters) - Valmet Oyj  VALMT.HE :
    * VALMET REITERATES ITS GUIDANCE ISSUED ON OCTOBER 11, 2024
    * VALMET ESTIMATES THAT SHORT-TERM MARKET OUTLOOK FOR
SERVICES HAS
DECREASED TO SATISFACTORY (PREVIOUSLY GOOD)
    * ESTIMATES THAT SHORT-TERM MARKET OUTLOOK FOR BOARD AND
PAPER HAS
DECREASED TO WEAK (PREVIOUSLY SATISFACTORY)
    * REITERATES GOOD SHORT-TERM MARKET OUTLOOK FOR FLOW CONTROL
AND
AUTOMATION SYSTEMS
    * REITERATES SATISFACTORY SHORT-TERM MARKET OUTLOOK FOR
PULP,
ENERGY AND TISSUE
    * Q3 WAS TWO-SIDED
    * MARKET ACTIVITY IN SERVICES AND BOARD AND PAPER PROCESS
TECHNOLOGIES WAS SLOWER THAN WE EARLIER EXPECTED, AND SOME
CUSTOMERS POSTPONED THEIR FINAL INVESTMENT DECISIONS

Source text:  ID:nWkr26kNx6 
Further company coverage:  VALMT.HE 

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