Valmet falls after Q1 core profit miss, order slump

Valmet

28/04/2026 08:35

** Shares in Valmet VALMT.HE fall 7% after the Finnish industrial services provider posted falling Q1 orders and lower-than-expected core profit, hit by market oversupply

** Valmet's orders in the quarter slumped 18% to 1.09 billion euros ($1.27 billion); Inderes analysts had expected orders of around 1.20 billion euros

** Falling orders reflect "current overcapacity in pulp and paper production globally", CEO Thomas Hinnerskov said

** Q1 comparable EBITDA fell 6% to 114 million euros; consensus cited by Inderes had expected 130 million

** Valmet shares among top fallers on STOXX 600 .STOXX, down 20% YTD

($1 = 0.8550 euros)

 (Reporting by Boleslaw Lasocki)

 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))