Finland's Valmet Q3 orders jump on biomaterial services demand

Valmet

28/10/2026 07:13

Overview
Finland process industries tech firm's Q3 orders received rose 30% yr/yr, driven by biomaterial demand
Q3 net sales up 5% and comparable EBITA up 6%, helped by Severn acquisition and cost actions
Q3 adjusted EPS declined yr/yr on lower operating profit and higher financing expenses

Outlook
Valmet expects 2026 net sales to remain at 2025 level of EUR 5.2 bln
Company sees 2026 comparable EBITA to remain at or increase from 2025's EUR 620 mln
Company expects Process Performance Solutions market to see low year-over-year growth

Result Drivers
BIOMATERIAL DEMAND - Strong order intake in biomaterial services and capital projects drove Q3 orders received
SEVERN ACQUISITION AND COST ACTIONS - Higher comparable EBITA attributed to Severn acquisition and efficiency measures
PROCESS PERFORMANCE SOLUTIONS - Segment saw order growth and margin improvement despite low-growth market

Company press release: ID:nWkr2yqBfn

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
 
EUR 1.36 bln
 
Q3 EPS
 
EUR 0.38
 
Q3 Net Income
 
EUR 70 mln
 
Q3 EBITA
 
EUR 144 mln
 
Q3 Orders
 
EUR 1.41 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "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 11.7% above its October 27 closing price of €26.86
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
Oct 27 - Germany's TK Elevator posts record annual profit ahead of combination with Kone
Oct 28 - Finland's Kone Q3 sales rise 5.2%, orders up 7.2%
Oct 27 - Finland's Wartsila Q3 revenue rises on strong demand in energy and marine segments

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.)