Valmet Corp · OMXHEX:VALMT
Valmet — Investor Day (September 2018)
15 slides from Valmet's investor day presentation, Sep 18, 2018
Slide 1: Global market leader building the future
Global market leader building the future Pasi Laine President and CEO Capital Markets Day 2018
Slide 2: Agenda
Agenda 1 Overview of Valmet 2 Recent development 3 Valmet’s way forward 4 Investment highlights 2 September 18, 2018 © Valmet | Capital Markets Day 2018 | President and CEO
Slide 3: Overview of Valmet: Key figures for last 12 months
Overview of Valmet: Key figures for last 12 months Orders received Orders received by business line Orders received by area EUR 3,226 million 9% 22% Net sales EUR 3,257 million 34% 18% 39% Comparable EBITA 7% EUR 219 million Comparable EBITA margin 6.7% 17% 10% 1 45% Order backlog EUR 2,621 million
Slide 4: Development since 2013
Development since 2013 Orders received Net sales Comparable EBITA Comparable EBITA margin (EUR million) (EUR million) (EUR million) (%) 3,272 3,226 3,257 3,139 3,071 3,058 2,878 2,928 2,926 2,613 2,473 2,182 1,713 1,651 1,762 1,658 1,584 1,572 1,473 2,016 1,537 1,581 1,484 1,147 7.1% 218 219 6.7% 6.
Slide 5: Recent market trends
Recent market trends Pulp and paper prices have increased and demand has been high • Pulp prices at all-time high levels • Paper prices (excluding tissue) have increased Customers’ profitability has continued to improve • Valmet’s major customers’ EBIT margins have improved from an average of 9.3% i
Slide 6: Recent development at Valmet
Recent development at Valmet Recent development • Good progress with Shared Journey Forward • #1 position in tissue, board and paper Technology Customer service concept • Increased orders received from small and • All-time high Valmet package sales in Automation medium sized pulp projects • Industri
Slide 7: Valmet's way forward
Valmet’s way forward Our Vision Introducing growth accelerators Our Must-Wins To become the global champion Customer excellence in serving our customers Our Strategy Leader in technology and Valmet develops and supplies innovation competitive process technology, Excellence in processes service
Slide 8: Investment highlights
Investment highlights Valmet <>
Slide 9: Investment highlights
Investment highlights 1 Strong position in the growing market of converting renewables Widest offering combining process technology, services and automation in a 2 unique way 3 Large stable business offering growth and profitability 4 Strong capital business with high market share and flexible cost
Slide 10: Strong position in the growing market of converting renewables
1 2 3 4 5 Strong position in the growing market of converting renewables Services Automation Pulp Energy Tissue Board Paper #1-2 8.0 ~1-2% #1-3 2.0 ~1% #1-2 1.4 ~1% #1-3 2.0 ~1% #1 0.7 ~3% #1 1.0 ~2-3% #1 0.3 ~-1% 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. •
Slide 11: Widest offering combining process technology, services and automation in a unique way
1 2 3 4 5 Widest offering combining process technology, services and automation in a unique way 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 • B
Slide 12: Large stable business offering growth and profitability
1 2 3 4 5 Large stable business offering growth and profitability Orders received (EUR million) Services • 16% market share offers room for growth • Wide offering to support customers’ all service needs 1,609 1,626 • Opportunities to win new customers and increase share 1,519 of wallet with existing
Slide 13: Strong capital business with high market share and flexible cost structure
1 2 3 4 5 Strong capital business with high market share and flexible cost structure Paper business line Market share • High market share in all businesses Orders received (EUR million) Net sales (EUR million) Board and paper Tissue Pulp Energy ~40% ~35% ~40% ~20% 1,035 1,101 935 671 673 718 674 659
Slide 14: Systematically building the future
1 2 3 4 5 Systematically building the future • Shared Journey Forward: a unified and unique way to serve Technology Customer • Add value to customers through Industrial Internet solutions • Ensure strong market position in capital business • Develop new products and technologies • Improve product co
Slide 15: Forward
FORWARD