Q2 earnings beat, potential separation drive Valmet to top of STOXX 600

Valmet

24/07/2026 08:51

    July 24 - ** Shares in Valmet VALMT.HE soar 24% to their highest in five months after the Finnish pulp, paper and energy technology company posted Q2 results ahead of expectations and announced a potential business separation
** Valmet's Q2 net sales and adjusted EBITA both rose 6%, exceeding respective expectations of €1,242 million and €140 million seen by analysts polled by Vara Research
** Valmet also said it's initiating a strategic review of its business and considers separation of its two core segments, Biomaterial Solutions and Services, and Process Performance Solutions, into two standalone publicly listed companies
** "We will only proceed with a separation if we conclude after detailed analysis that separation is clearly in the best interests of our shareholders," the group said

    ** The stock, on track for its best day ever, is the biggest gainer on STOXX 600 .STOXX index 
     
     

(Reporting by Jakub Lubiński)
((Jakub.Lubinski@thomsonreuters.com))