Valmet - Interim Review: January - March 2020

Play	Interim Review
	Pasi Laine President & CEO Kari Saarinen CFO
	Presentation
	1. Manu Rimpelä, Nordea: How did Services net sales develop in the different months of Q1? a. Where are the customers active? Will the customers pull back orders? b. Cash flow expectation for the rest of the year
	2. Antti Suttelin, Danske: How can orders received in Services increase a lot more than net sales?
	3. Johan Eliason, Kepler Cheuvreux: How have you thought about the balance sheet from the risk perspective?
	4. How would you deal with a customer request to postpone a project? a. Will the summer vacations open the opportunity for you to execute projects at the customers’ site? b. Acquisition pipeline, do you have higher or lower expectations than normally?
	5. How has the profitability of the acquired companies been?

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