Valmet Oyj Full Year 2024 Earnings: EPS Misses Expectations

Valmet Oyj (HEL:VALMT) Full Year 2024 Results

Key Financial Results

• Revenue: €5.36b (down 3.1% from FY 2023).
• Net income: €280.0m (down 22% from FY 2023).
• Profit margin: 5.2% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: €1.52 (down from €1.94 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Valmet Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.2%.

The primary driver behind last 12 months revenue was the Process Technologies segment contributing a total revenue of €2.02b (38% of total revenue). Notably, cost of sales worth €3.85b amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €878.0m (71% of total expenses). Explore how VALMT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Finland.

Performance of the Finnish Machinery industry.

The company's shares are up 4.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Valmet Oyj's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.