ESPOO, Finland -- Due to positive development, Valmet revises upwards its Comparable EBITA guidance for 2024. For net sales, the guidance remains unchanged.

New guidance for 2024:

Valmet estimates that net sales in 2024 will remain at the previous year's level in comparison with 2023 (EUR 5,532 million) and Comparable EBITA in 2024 will increase in comparison with 2023 (EUR 619 million).

Previous guidance for 2024, issued on February 7, 2024:

Valmet estimates that net sales in 2024 will remain at the previous year's level in comparison with 2023 (EUR 5,532 million) and Comparable EBITA in 2024 will remain at the previous year's level or increase in comparison with 2023 (EUR 619 million).