Robust Q1 orders fuel Valmet shares

Valmet

23/04/2025 09:50

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April 23 (Reuters) - ** Shares in Valmet VALMT.HE rise 8.9% after the Finnish engineering company published Q1 results, with comparable orders beating expectations, and maintained its guidance for 2025

   ** Valmet reports 1.33 billion euros ($1.51 billion) in orders for the quarter, against 1.22 billion expected on average, per LSEG

** Inderes analyst Antti Viljakainen says that orders exceeded expectations across all business lines

** Viljakainen notes also strong margins in the Services and Automation businesses that offset the continued decline in Process Technologies

** "Considering the recent compression in valuation, the overall impression leans preliminarily to the positive side," Viljakainen adds

** Valmet's shares are set for their best day since late September if the gains hold

($1 = 0.8786 euros)

 (Reporting by Tomasz Kanik)

 ((tomasz.kanik@thomsonreuters.com))