Valmet tops STOXX on soaring Q3 orders
BUZZ-Valmet tops STOXX on soaring Q3 orders ** Shares in Valmet VALMT.HE rise 8% after the Finnish industrial company booked a 30% rise in Q3 orders, beating market estimates
** Valmet's orders rose to €1.41 billion ($1.57 billion) against analysts' expectations of around €1.20 billion
** Inderes analyst Antti Viljakainen says the highlights of the report also include quarterly revenue of €1.36 billion and EBITDA of €144 million at the upper end of the consensus range
** Valmet shares rise to the top of STOXX 600 .STOXX index, wiping off YTD losses
($1 = 0.8993 euros)
(Reporting by Boleslaw Lasocki)
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Valmet tops STOXX on soaring Q3 orders