Valmet Oyj (OTCPK:VOYJF) Q3 2024 Earnings Convention Name October 30, 2024 9:00 AM ET
Firm Contributors
Pekka Rouhiainen – Head of Investor Relations
Thomas Hinnerskov – President and CEO
Katri Hokkanen – CFO
Convention Name Contributors
Sven Weier – UBS
Antti Kansanen – SEB
Johan Eliason – Kepler Cheuvreux
Panu Laitinmaki – Danske Financial institution
Tomi Railo – DNB
Pekka Rouhiainen
Good afternoon, girls and gents, and welcome to Valmet’s Third Quarter 2024 Outcomes Publication and Webcast. Valmet’s third quarter was characterised by the truth that the comparable EBITA margin was the very best for third quarter ever at 12%, however then the market exercise was slower than anticipated.
My title is Pekka Rouhiainen. I am the Head of IR right here at Valmet. And on this convention name, we’ve a brand new consultant, Valmet’s new President and CEO, Thomas Hinnerskov, who began within the mid-August. Welcome, Thomas.
Thomas Hinnerskov
Thanks.
Pekka Rouhiainen
After which, after all, CFO, Katri Hokkanen. The agenda at this time can be in order that Thomas will first undergo the third quarter outcomes and transient, focus on concerning the growth of the segments, focus on concerning the steering and short-term market outlook, and Katri will then later current the monetary growth in additional element.
And after that, we can be opening the telephone strains for Q&A. And this time, there’s additionally the chance to ask questions by means of the web platform. So please additionally make the most of that chance.
However with that, I hand over to you, Thomas.
Thomas Hinnerskov
Thanks very a lot, Pekka. Regardless of having lived in eight international locations throughout three continents, it actually appears like coming again house to this robust Finnish engineering firm, which I labored for earlier as effectively, not the identical one, but in addition a powerful Finnish engineering firm. So very comfortable to be right here and feels excellent.
