Valmet Sees FY 2024 Comparable EBITA To Remain At Prev Year's Level
Oct 11 (Reuters) -Valmet Oyj VALMT.HE:
INSIDE INFORMATION, NEGATIVE PROFIT WARNING: VALMET ESTIMATES THAT COMPARABLE EBITA IN 2024 WILL REMAIN AT THE PREVIOUS YEAR'S LEVEL
FOR NET SALES, GUIDANCE REMAINS UNCHANGED.
ESTIMATES 2024 COMPARABLE EBITA TO REMAIN AT EUR 619 MILLION
SERVICES MARKET HAS DEVELOPED SOMEWHAT SLOWER IN EMEA, CHINA AND ASIA-PACIFIC THAN VALMET EARLIER EXPECTED
MARKET ACTIVITY IN BOARD AND PAPER PROCESS TECHNOLOGIES HAS BEEN SLOWER THAN EARLIER EXPECTED
SOME CUSTOMERS HAVE POSTPONED THEIR FINAL INVESTMENT DECISIONS
PREVIOUS GUIDANCE EXPECTED INCREASE IN COMPARABLE EBITA FOR 2024
Source text for Eikon: ID:nWkr2d4vbN
Further company coverage: VALMT.HE
(Gdansk Newsroom)
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