Valmet Reiterates Guidance For 2024
July 24 (Reuters) -Valmet Oyj VALMT.HE:
ESTIMATES THAT SHORT-TERM MARKET OUTLOOK FOR PULP HAS INCREASED TO SATISFACTORY (PREVIOUSLY WEAK)
VALMET REITERATES ITS GUIDANCE ISSUED ON JUNE 13, 2024
VALMET OYJ - SHORT-TERM MARKET OUTLOOK FOR BOARD AND PAPER HAS INCREASED TO SATISFACTORY (PREVIOUSLY WEAK/SATISFACTORY, IN WHICH WEAK REFERRED TO CUSTOMER ACTIVITY AND SATISFACTORY TO VALMET'S CAPACITY UTILIZATION)
ESTIMATES THAT SHORT-TERM MARKET OUTLOOK FOR ENERGY HAS DECREASED TO SATISFACTORY (PREVIOUSLY GOOD)
REITERATES GOOD SHORT-TERM MARKET OUTLOOK FOR SERVICES, FLOW CONTROL AND AUTOMATION SYSTEMS, AND SATISFACTORY SHORT-TERM MARKET OUTLOOK FOR TISSUE.
SAYS SHORT-TERM MARKET OUTLOOK FOR ENERGY WAS DECREASED TO SATISFACTORY
VALMET REITERATES ITS GUIDANCE ISSUED ON JUNE 13, 2024, IN WHICH VALMET ESTIMATES THAT NET SALES IN 2024 WILL REMAIN AT PREVIOUS YEAR'S LEVEL IN COMPARISON WITH 2023 (EUR 5,532 MILLION) AND COMPARABLE EBITA IN 2024 WILL INCREASE IN COMPARISON WITH 2023 (EUR 619 MILLION)
Source text for Eikon: ID:nWkr25Jf4T
Further company coverage: VALMT.HE
(Gdansk Newsroom)
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