Valmet Corp - Company Profile
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Valmet Corp (Valmet) is a developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. The company’s technology offerings include pulp mills, tissue, board and paper production lines and power plants for bioenergy production. It’s product and service portfolio consists of productivity enhancing services, automation solutions, plant upgrades and rebuilds and new cost-efficient equipment and solutions for optimizing energy and raw material usage. Valmet also offers filter fabrics and textiles for mining and chemical industries. It sells its products through subsidiaries and distributors in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Valmet is headquartered in Espoo, Finland.
Headquarters
Finland
Address
Pl 11 / Keilasatama 5, Espoo, 02151
Website
www.valmet.com
Telephone
358 1 06720000
No of Employees
19,160
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
VALMT (HEL)
Revenue (2022)
$6.0B
9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
5.6%
(2022 vs 2021)
Market Cap*
$5.0B
Net Profit Margin (2022)
XYZ
-3.2%
(2022 vs 2021)
* As of and is in US$
Valmet Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Pulp and Energy | Plant Improvements: | Valmet |
| Heat and Power Production Systems | Tailored Production Consumables | |
| Wood Handling Machines | Spare Parts and Components | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Purchase | In April, the company acquired the Process Gas Chromatography business from Siemens. |
| 2024 | Contracts/Agreements | In April, the company entered into a global, multi-year agreement with Capgemini to expand Valmet’s reporting and analytics platforms, applications, and processes. |
| 2024 | Others | In April, the company announced the supply of a steam turbine control system to Energie AG’s waste recycling plant in Wels, Austria. |
Competitor Comparison
| Key Parameters | Valmet Corp | Honeywell International Inc | ABB Ltd | Andritz AG | Metso Corp |
|---|---|---|---|---|---|
| Headquarters | Finland | United States of America | Switzerland | Austria | Finland |
| City | Espoo | Charlotte | Zuerich | Graz | Helsinki |
| State/Province | - | North Carolina | - | Burgenland | - |
| No. of Employees | 19,160 | 95,000 | 107,900 | 29,717 | 17,134 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pasi Laine | President; Chief Executive Officer | Senior Management | 2014 | 61 |
| Katri Hokkanen | Chief Financial Officer | Senior Management | 2022 | 43 |
| Mikael Makinen | Chairman | Non Executive Board | 2019 | 68 |
| Sami Riekkola | President - Pulp and Energy Business Line | Senior Management | - | 50 |
| Xiangdong Zhu | President - China | Senior Management | 2017 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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