Valmet - Interim Review: January - March 2017

Play	Interim Review
	Pasi Laine President & CEO Kari Saarinen CFO
	Presentation
	Questions and answers
	1. Why were Services net sales flat despite order growth? a. How will the weaker Pulp outlook show in profitability? b. Pricing environment c. Why was the Services order intake so strong?
	What is your gearing target? a. Is there anything going on in the M&A front? b. Will there be the normal seasonality pattern between quarters in 2017? c. Quality costs situation? Any problematic projects going on?
	3. Services development going forward - will order intake growth get even faster? a. Margin development b. Room for further margin improvement?
	4. Have raw material prices affected your profitability?

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