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Valmet - Half Year Financial Review for January - June 2020
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Valmet - Half Year Financial Review for January - June 2020
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Financial review
Pasi Laine
President & CEO
Kari Saarinen
CFO
Presentation
Development of the business lines
Valmet’s share acqusition in Neles
Financial development
Guidance and short term outlook
Questions and answers
1. Should we expect cost savings also in Q3 and Q4?
a. Why did you not give a guidance?
b. What is your exposure in services to graphical paper?
c. Have you seen more activity in conversions from paper to board?
2. Where does the gross margin improvement in capital business come from?
a. How is the pricing in the backlog?
3.How was the month by month development in Q2 in Services?
4. Any reason to believe that the earnings are under pressure?
a. Have you been buying more shares in Neles after you reached 15%?
5. How will Valmet make Neles a better company? Will Neles loose Valmet’s competitors as customers if it becomes part of Valmet?
6. Capacity utilization level in Q2 and going forward?
a. Is there any reason for the gross margin to decline in H2?
7. Will capital business margin be impacted once you can continue with the installations at customers’ sites?
8. Does Valmet’s negative share price reaction to Neles news that we have seen impact your plans with Neles?
9. Why did you buy more shares in Neles after Alfa Laval’s offer?
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