Valmet Oyj (VLMTY) Q2 2026 Earnings Call Transcript

Pekka Rouhiainen
Vice President of Investor Relations

Good morning, everyone, and welcome to Valmet’s Second Quarter 2026 Results Webcast. I’m Pekka Rouhiainen from Investor Relations. And with me today are Valmet’s President and CEO, Thomas Hinnerskov; and our CFO, Katri Hokkanen.

Before we begin, I would like to briefly mention the separate stock exchange release we published this morning. Valmet’s Board of Directors has initiated a strategic review regarding a potential separation of the company’s 2 business segments: Biomaterials Solutions and Services; and Process Performance Solutions, into 2 stand-alone publicly listed companies. We are pleased to be able to share this important strategic step with you today.

Next, Thomas will start by discussing the continued strategic development of Valmet, including the recently completed Severn acquisition and the strengthening of our Process Performance Solutions business. He’ll explain how these developments have led to the strategic review we announced today. He will then move on to review the key highlights and operational performance for the second quarter and Katri will cover the financial development in more detail, after which Thomas will return to discuss our guidance and market outlook.

As usual, you may submit written questions through the webcast platform at any time, and we will then also open up the lines for Q&A.

But with that, Thomas, the floor is yours.