Valmet’s 2Q 2019 net sales increased 7% to Euro 901 million, compared to Euro 844 million on 2Q 2018. Orders received increased 25% to Euro 1,083 million, compared to Euro 865 million in 2Q last year, as the company said in the press release received by Lesprom Network.
In January–June 2019, Valmet’s net sales remained at the previous year’s level at Euro 1,587 million. Orders received increased 9% to Euro 1,918 million (Euro 1,756 million).
President and CEO Pasi Laine said: “In the 2Q 2019, orders received increased in the Pulp and Energy, Paper, and Services business lines and remained at the previous year’s level in the Automation business line. Valmet’s orders received increased to over Euro 1 billion, lifting the order backlog to a new record-high level of Euro 3.2 billion. Net sales increased and Comparable EBITA improved. The Comparable EBITA margin was 7.7% in the 2Q, 0.5 percentage points higher than a year ago.”
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries.