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VALMT — Valmet News Story

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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)

((boleslaw.lasocki@thomsonreuters.com ))

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