Finland's Valmet Q1 orders fall 18%, profit declines

Valmet

28/04/2026 07:12

Overview

Finland process industries tech firm's Q1 net sales rose 5% yr/yr

Orders received fell 18%, mainly due to lower capital project intake and tough comparison

Comparable EBITA and adjusted EPS declined, impacted by sales mix and strategic footprint costs

Outlook

Valmet reiterates 2026 guidance for net sales to remain at 2025 level of EUR 5,197 mln

Company expects 2026 comparable EBITA to remain at or increase from 2025 level of EUR 620 mln

Valmet says increased geopolitical and economic uncertainty is reducing short-term market visibility

Result Drivers

SALES MIX - Higher share of revenue from large projects and smaller mill improvements supported net sales but weighed on profitability as projects carry lower margins

ORDER INTAKE - Orders received declined mainly due to low capital project order intake in Biomaterial Solutions and Services and a tough comparison with a large order in the prior year

STRATEGIC FOOTPRINT COSTS - Profitability was further impacted by costs related to planned strategic footprint measures

Company press release: ID:nWkr3Vgsbj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 1.24 bln
Q1 EPS
EUR 0.19
Q1 Net Income
EUR 34 mln
Q1 Adjusted EBITA
EUR 114 mln
Q1 EBITA
EUR 82 mln
Q1 Orders
EUR 1.09 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Valmet Corp is €30.00, about 24.3% above its April 27 closing price of €24.14

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)