VALMET OYJ financials
VALMET OYJ
Country: FI Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
213800D9O7FUQDH83V62 Financial statements
(EUR, as reported — unscaled; 122 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €5.20B | €5.36B |
| Cost of sales | €3.75B | €3.88B |
| Gross profit | €1.45B | €1.48B |
| Other income | €25.0M | €25.0M |
| Operating profit (EBIT) | €438.0M | €449.0M |
| Finance costs | €80.0M | €90.0M |
| Profit before tax | €376.0M | €383.0M |
| Income tax expense | €96.0M | €103.0M |
| Profit for the year | €279.0M | €281.0M |
| — attributable to owners | €280.0M | €280.0M |
| — attributable to NCI | €0 | €1.0M |
| Total comprehensive income | €225.0M | €287.0M |
| Per share | ||
| Basic EPS | €1.52 | €1.52 |
| Diluted EPS | €1.52 | €1.52 |
| Free cash flow / share | €2.60 | €2.42 |
| Cash flow statement | ||
| Net cash from operating activities | €581.0M | €554.0M |
| Net cash from investing activities | -€97.0M | -€238.0M |
| Net cash from financing activities | -€401.0M | -€268.0M |
| Dividends paid | €249.0M | €249.0M |
| Lease liability payments | €57.0M | €52.0M |
| Net change in cash | €83.0M | €48.0M |
| Balance sheet | ||
| Total assets | €6.63B | €6.83B |
| Non-current assets | €3.78B | €3.89B |
| Property, plant & equipment | €740.0M | €726.0M |
| Right-of-use assets | €171.0M | €156.0M |
| Intangible assets & goodwill | €2.84B | €2.93B |
| Current assets | €2.85B | €2.94B |
| Inventories | €884.0M | €903.0M |
| Trade & other receivables | €769.0M | €862.0M |
| Cash & equivalents | €535.0M | €482.0M |
| Total equity | €2.59B | €2.61B |
| — attributable to owners | €2.58B | €2.61B |
| Non-controlling interests | €6.0M | €7.0M |
| Non-current liabilities | €1.71B | €1.86B |
| Long-term borrowings | €1.15B | €1.27B |
| Lease liabilities (non-current) | €128.0M | €107.0M |
| Current liabilities | €2.33B | €2.36B |
| Lease liabilities (current) | €48.0M | €50.0M |
| Deferred tax liabilities | €246.0M | €284.0M |
| Derived metrics | ||
| Free cash flow | €478.0M | €447.0M |
| Operating margin | 8.4% | 8.4% |
| Net margin | 5.4% | 5.2% |
| Return on equity | 10.8% | 10.7% |
| Cash conversion ratio | 2.08× | 1.97× |
| Capex coverage | 5.64× | 5.18× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense | €209.0M | €219.0M |
| Adjustments For Finance Income Cost | -€62.0M | -€65.0M |
| Adjustments For Income Tax Expense | €96.0M | €103.0M |
| Adjustments For Provisions | €17.0M | -€18.0M |
| Buildings | €164.0M | €163.0M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | €16.0M | -€42.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -€1.0M | €135.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €1.0M |
| Comprehensive Income Attributable To Owners of Parent | €225.0M | €286.0M |
| Construction In Progress | €75.0M | €83.0M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €132.0M | €115.0M |
| Current Contract Assets | €327.0M | €344.0M |
| Current Contract Liabilities | €855.0M | €904.0M |
| Current Provisions | €192.0M | €162.0M |
| Current Raw Materials and Current Production Supplies | €213.0M | €206.0M |
| Current Tax Assets Current | €67.0M | €64.0M |
| Current Tax Assets Noncurrent | €6.0M | €39.0M |
| Current Tax Expense Income | €138.0M | €119.0M |
| Current Tax Liabilities Current | €58.0M | €75.0M |
| Deferred Tax Assets | €96.0M | €94.0M |
| Deferred Tax Expense Income | -€42.0M | -€17.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €249.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €1.35 | — |
| Dividends Recognised As Distributions To Owners Per Share | €1.35 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€30.0M | €3.0M |
| Equity and Liabilities | €6.63B | €6.83B |
| Finance Income | €18.0M | €24.0M |
| Finished Goods | €294.0M | €301.0M |
| Gains Losses On Cash Flow Hedges Net of Tax | €27.0M | -€10.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €3.0M | -€1.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €1.0M | €3.0M |
| Income Taxes Paid Refund Classified As Operating Activities | €125.0M | €134.0M |
| Increase Decrease In Working Capital | -€39.0M | -€61.0M |
| Increase Decrease Through Acquisition of Subsidiary | — | €1.0M |
| Increase Decrease Through Sharebased Payment Transactions | €4.0M | €6.0M |
| Increase Decrease Through Treasury Share Transactions | -€3.0M | -€3.0M |
| Intangible Assets Other Than Goodwill | €1.04B | €1.13B |
| Interest Paid Classified As Operating Activities | €67.0M | €74.0M |
| Interest Received Classified As Operating Activities | €18.0M | €21.0M |
| Investments In Associates Accounted For Using Equity Method | €19.0M | €17.0M |
| Issued Capital | €140.0M | €140.0M |
| Land | €38.0M | €40.0M |
| Liabilities | €4.04B | €4.22B |
| Noncurrent Financial Assets | €35.0M | €40.0M |
| Noncurrent Provisions | €20.0M | €28.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €156.0M | €157.0M |
| Other Adjustments For Noncash Items | €52.0M | €31.0M |
| Other Comprehensive Income | -€55.0M | €6.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €15.0M | -€8.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -€73.0M | €2.0M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €0 | €1.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €8.0M | €13.0M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €0 | €1.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €6.0M | €10.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€61.0M | -€3.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €6.0M | €10.0M |
| Other Current Financial Assets | €82.0M | €62.0M |
| Other Current Financial Liabilities | €41.0M | €31.0M |
| Other Current Liabilities | €508.0M | €559.0M |
| Other Current Receivables | €189.0M | €226.0M |
| Other Expense By Function | €53.0M | €59.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | €7.0M | -€7.0M |
| Other Noncurrent Assets | €203.0M | €228.0M |
| Other Noncurrent Liabilities | €7.0M | €13.0M |
| Other Noncurrent Nonfinancial Assets | €46.0M | €37.0M |
| Payments To Acquire Or Redeem Entitys Shares | €3.0M | €3.0M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €3.0M | €2.0M |
| Proceeds From Noncurrent Borrowings | €281.0M | €375.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €103.0M | €107.0M |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | €14.0M | -€4.0M |
| Repayments of Noncurrent Borrowings | €394.0M | €290.0M |
| Reserve of Exchange Differences On Translation | -€112.0M | -€40.0M |
| Retained Earnings | €1.17B | €1.14B |
| Selling General and Administrative Expense | €986.0M | €1.00B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -€1.0M | €0 |
| Trade and Other Current Payables To Trade Suppliers | €500.0M | €460.0M |
| Work In Progress | €377.0M | €396.0M |
Methodology
Every line item above is a fact tagged in VALMET OYJ's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.