Valmet Corp · OMXHEX:VALMT

Valmet — Non-Deal Roadshow (March 2022)

31 slides from Valmet's roadshow presentation, March 2022

  1. Slide 1: Valmet – unique offering with process technology, automation and services

    Valmet – unique offering with process technology, automation and services Roadshow presentation March 2022

  2. Slide 2: Important notice

    Important notice The following applies to this presentation, the oral presentation of the information in this presentation by Valmet Oyj (“Valmet” or the “Company”) or any person on behalf of Valmet, and any question-and-answer session that follows the oral presentation (collectively, the “Informati

  3. Slide 3: Agenda

    Agenda Valmet roadshow presentation 1 Valmet in brief 2 Investment highlights 3 Financials 4 Conclusion 3 March 2022 © Valmet | Roadshow presentation

  4. Slide 4: Valmet in brief

    Valmet in brief Valmet <>

  5. Slide 5: We have strong market shares, unique offering and over 220 years of history

    We have strong market shares, unique offering and over 220 years of history Paper Pulp and Automation Services Energy Market position Market position Market position Market position #1 #1–3 #1–3 #1–2 Market share Market share Market share Market share ~50% ~20–45% ~25% ~17–18% Valmet’s road to becom

  6. Slide 6: Valmet’s development since 2013

    Valmet’s development since 2013 Orders received Net sales Comparable EBITA Comparable EBITA margin (EUR billion) (EUR billion) (EUR million) (%) 5.0 5.0 500 12% 4.5 4.5 450 10% 4.0 4.0 400 3.5 3.5 350 8% 3.0 3.0 300 2.5 2.5 250 6% 2.0 2.0 200 4% 1.5 1.5 150 1.0 1.0 100 2% 0.5 0.5 50 0.0 0.0 0 0% 201

  7. Slide 7: Key figures in 2021

    Key figures in 2021 Orders received by business line Orders received by area Orders received 11% EUR 4,740 million 15% Net sales 31% 36% EUR 3,935 million 16% 15% Comparable EBITA EUR 429 million Comparable EBITA margin 8% 10.9% 25% 43% Order backlog EUR 4,096 million Services North America Employee

  8. Slide 8: Strong, global presence is a good platform for growth

    Strong, global presence is a good platform for growth EMEA ~100 98 9,296 employees service centers sales offices China 1,911 employees North America 1,500 employees 43 16 production units R&D centers Asia-Pacific 935 employees 8 South America Performance Centers 604 employees Personnel as at Decembe

  9. Slide 9: Process technology, services and automation

    Process technology, services and automation Valmet’s unique offering differentiates the company from its competitors Process technology Customer Services Automation 9 March 2022 © Valmet | Roadshow presentation

  10. Slide 10: Significant, customer focused research and development work

    Significant, customer focused research and development work R&D focus areas • Advanced and competitive technologies and services • Raw material, water and energy efficiency • Promotion of renewable materials 16 EUR 82 million ~1,300 research and R&D spending protected development in 2021 inventions

  11. Slide 11: Acknowledged leader in sustainability

    Acknowledged leader in sustainability 360º approach to sustainability across value chain Environmental Engaged efficiency workplace Good sustainability ratings  In Dow Jones Sustainability Index for the Climate Health and safety eighth consecutive year  AAA rating in the MSCI ESG Ratings assessmen

  12. Slide 12: Valmet´s Climate Program: Forward to a carbon neutral future

    Valmet´s Climate Program: Forward to a carbon neutral future Targets by 2030 for the entire value chain SUPPLY CHAIN OWN OPERATIONS USE PHASE OF VALMET’S TECHNOLOGIES -20% -80% -20% 100% CO2 emission reduction CO2 emission reduction Further reduced energy use Carbon neutral production of Valmet’s cu

  13. Slide 13: Financial targets

    Financial targets Growth Profitability ROCE Dividend policy Net sales for stable Comparable EBITA: Comparable return on Dividend payout at least business to grow over 10–12% capital employed (ROCE) 50% of net profit two times the market before taxes1: >20% growth Net sales for capital business to ex

  14. Slide 14: Investment highlights

    Investment highlights Valmet <>

  15. Slide 15: Investment highlights

    Investment highlights 1 Strong position in the growing market of converting renewables 2 Widest technology and services offering combined with automation excellence 3 Services: The widest offering and strong geographical presence 4 Automation: Maximizing efficiency and safety of our customers 5 Pape

  16. Slide 16: Strong position in the growing market of converting renewables

    Strong position in the growing market of converting renewables 1 Paper Board Tissue Pulp Energy Automation Services #1 0.4 ~ -2% #1 1.0 ~ 2-3% #1 0.7 ~ 3-4% #1-2 1.5 ~ 1% #1-3 2.0 ~ 1% #1-3 2.1 ~ 1% #1-2 8.0 ~ 1-2% EUR bn p.a. EUR bn p.a. EUR bn p.a. EUR bn p.a. EUR bn p.a. EUR bn p.a. EUR bn p.a. I

  17. Slide 17: Widest technology and services offering combined with automation excellence

    Widest technology and services offering combined with 2 automation excellence Paper Pulp Energy • Board, paper and tissue production lines • Wood and pulp handling • Heat and power generation • Rebuilds • Fiber processing • Air emission control • Stand-alone products • Recovery • Biofuels Process te

  18. Slide 18: Services: The widest offering and strong geographical presence

    Services: The widest offering and strong geographical presence 3 Services business line  Widest offering to support customers’ all service needs Services business line Orders received (EUR million)  Benefits from growing installed base  Strong geographical presence close to customers 1,459 1,488

  19. Slide 19: Automation: Maximizing efficiency and safety of our customers

    Automation: Maximizing efficiency and safety of our customers 4 Automation business line  Solutions range from single measurements to plant-wide Automation business line process automation systems Orders received (EUR million)  Designed to maximize safety, sustainability and efficiency 468 Organic

  20. Slide 20: Paper: World-class technology for packaging and hygiene needs

    Paper: World-class technology for packaging and hygiene needs 5 Paper business line  Offering includes world-leading technology and products Paper business line for board, tissue and paper making Orders received (EUR million) Net sales (EUR million)  Long-term growth supported by favorable 1,694 m

  21. Slide 21: Pulp and Energy: Strong business with high market share and flexible cost structure

    Pulp and Energy: Strong business with high market share and 6 flexible cost structure Pulp and Energy business line  Offering includes full pulp mills and energy solutions for Pulp and Energy business line biomass and emission control Orders received (EUR million) Net sales (EUR million)  Long-ter

  22. Slide 22: Systematically building the future

    Systematically building the future 7 Customer Technology Process People Valmet’s way to serve: Develop new products Continue to improve Continuous development Lifecycle collaboration and technologies project management of employees through between the customer and project execution training programs

  23. Slide 23: Financials

    Financials Valmet <>

  24. Slide 24: Key figures

    Key figures EUR million Q4/2021 Q4/2020 Change 2021 2020 Change Orders received 1,093 940 16% 4,740 3,653 30% Order backlog1 4,096 3,257 26% 4,096 3,257 26% Net sales 1,199 1,167 3% 3,935 3,740 5% Comparable EBITA 147 146 0% 429 365 18% % of net sales 12.2% 12.5% 10.9% 9.8% EBITA 155 147 6% 448 355

  25. Slide 25: Comparable EBITA margin at target level

    Comparable EBITA margin1 at target level Net sales and Comparable EBITA (EUR million and %)1 3,935 3,740 3,547 10.9% 3,325 Target 10–12% 3,058 9.8% 2,928 2,926 8.9% 2,473 7.7% Capital Business 7.1% 6.7% 6.2% Stable business 1,832 2,079 2,230 4.3% 1,473 1,584 1,799 1,572 1,715 1,705 Comparable 1,661

  26. Slide 26: Guidance and short-term market outlook

    Guidance and short-term market outlook Guidance for 2022 Guidance Valmet estimates that net sales in 2022 will increase in comparison with 2021 (EUR 3,935 million) and Comparable EBITA in 2022 will increase in comparison with 2021 (EUR 429 million). Short-term market outlook Q1/2021 Q2/2021 Q3/2021

  27. Slide 27: Dividend proposal

    Dividend proposal Dividend policy • Dividend payout at least 50% of net profit Board of Directors’ dividend proposal to the Annual General Meeting • EUR 1.20 dividend per share, which represents 61% payout ratio Dividend per share (euro) 1.20 0.80 0.90 0.55 0.65 0.35 0.42 0.15 0.25 2013 2014 2015 20

  28. Slide 28: Conclusion

    Conclusion Valmet <>

  29. Slide 29: Conclusion

    Conclusion 1 Strong position in the growing market of converting renewables 2 Widest technology and services offering combined with automation excellence 3 Services: The widest offering and strong geographical presence 4 Automation: Maximizing efficiency and safety of our customers 5 Paper: World-cl

  30. Slide 30: Important notice

    Important notice It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding expectations for general economic development and the market situation, expectations for growth, profitability and investment willingness, expectations fo

  31. Slide 31: Forward

    FORWARD

Valmet — Non-Deal Roadshow (March 2022) on 6ix