
Valmet Oyj
OMXH:VALMT

Income Statement
Earnings Waterfall
Valmet Oyj
Revenue
|
5.4B
EUR
|
Cost of Revenue
|
-3.8B
EUR
|
Gross Profit
|
1.5B
EUR
|
Operating Expenses
|
-1B
EUR
|
Operating Income
|
499m
EUR
|
Other Expenses
|
-219m
EUR
|
Net Income
|
280m
EUR
|
Income Statement
Valmet Oyj
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 473
N/A
|
2 515
+2%
|
2 706
+8%
|
2 850
+5%
|
2 928
+3%
|
3 019
+3%
|
3 044
+1%
|
2 995
-2%
|
2 926
-2%
|
2 919
0%
|
2 847
-2%
|
2 877
+1%
|
3 058
+6%
|
3 146
+3%
|
3 258
+4%
|
3 308
+2%
|
3 325
+1%
|
3 280
-1%
|
3 337
+2%
|
3 429
+3%
|
3 547
+3%
|
3 682
+4%
|
3 700
+0%
|
3 675
-1%
|
3 740
+2%
|
3 776
+1%
|
3 800
+1%
|
3 903
+3%
|
3 935
+1%
|
4 037
+3%
|
4 380
+8%
|
4 733
+8%
|
5 074
+7%
|
5 435
+7%
|
5 566
+2%
|
5 573
+0%
|
5 532
-1%
|
5 423
-2%
|
5 330
-2%
|
5 330
N/A
|
5 359
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 004)
|
(2 030)
|
(2 151)
|
(2 254)
|
(2 291)
|
(2 338)
|
(2 363)
|
(2 312)
|
(2 259)
|
(2 243)
|
(2 180)
|
(2 207)
|
(2 362)
|
(2 455)
|
(2 549)
|
(2 584)
|
(2 561)
|
(2 487)
|
(2 520)
|
(2 583)
|
(2 688)
|
(2 793)
|
(2 817)
|
(2 790)
|
(2 844)
|
(2 871)
|
(2 863)
|
(2 938)
|
(2 943)
|
(3 039)
|
(3 294)
|
(3 565)
|
(3 810)
|
(4 062)
|
(4 154)
|
(4 144)
|
(4 103)
|
(3 980)
|
(3 887)
|
(3 848)
|
(3 847)
|
|
Gross Profit |
469
N/A
|
485
+3%
|
555
+14%
|
596
+7%
|
637
+7%
|
681
+7%
|
681
N/A
|
683
+0%
|
667
-2%
|
676
+1%
|
667
-1%
|
670
+0%
|
696
+4%
|
691
-1%
|
709
+3%
|
724
+2%
|
764
+6%
|
793
+4%
|
817
+3%
|
846
+4%
|
859
+2%
|
889
+3%
|
883
-1%
|
885
+0%
|
896
+1%
|
905
+1%
|
937
+4%
|
965
+3%
|
992
+3%
|
998
+1%
|
1 086
+9%
|
1 168
+8%
|
1 264
+8%
|
1 373
+9%
|
1 412
+3%
|
1 429
+1%
|
1 429
N/A
|
1 443
+1%
|
1 443
N/A
|
1 482
+3%
|
1 512
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(398)
|
(393)
|
(448)
|
(478)
|
(510)
|
(551)
|
(534)
|
(529)
|
(512)
|
(519)
|
(517)
|
(518)
|
(521)
|
(529)
|
(537)
|
(541)
|
(548)
|
(541)
|
(555)
|
(575)
|
(579)
|
(611)
|
(600)
|
(590)
|
(576)
|
(555)
|
(565)
|
(577)
|
(584)
|
(608)
|
(692)
|
(768)
|
(859)
|
(919)
|
(912)
|
(900)
|
(929)
|
(868)
|
(890)
|
(933)
|
(1 013)
|
|
Selling, General & Administrative |
(400)
|
(402)
|
(438)
|
(465)
|
(400)
|
(522)
|
(522)
|
(519)
|
(413)
|
(507)
|
(502)
|
(494)
|
(416)
|
(499)
|
(502)
|
(505)
|
(430)
|
(511)
|
(527)
|
(546)
|
(463)
|
(582)
|
(570)
|
(565)
|
(439)
|
(533)
|
(552)
|
(565)
|
(456)
|
(608)
|
(685)
|
(756)
|
(621)
|
(903)
|
(900)
|
(894)
|
(682)
|
(914)
|
(941)
|
(979)
|
(832)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(60)
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(67)
|
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(91)
|
0
|
0
|
0
|
(109)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(46)
|
(8)
|
(15)
|
(22)
|
(41)
|
(21)
|
(21)
|
(21)
|
(40)
|
(21)
|
(22)
|
(24)
|
(58)
|
(25)
|
(26)
|
(23)
|
(60)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(143)
|
0
|
0
|
0
|
(132)
|
0
|
0
|
0
|
(152)
|
|
Other Operating Expenses |
2
|
9
|
(10)
|
(13)
|
(9)
|
(29)
|
(12)
|
(10)
|
6
|
(4)
|
0
|
(2)
|
(4)
|
(9)
|
(14)
|
(15)
|
(16)
|
(7)
|
(6)
|
(3)
|
9
|
(4)
|
(4)
|
(2)
|
(5)
|
(22)
|
(13)
|
(12)
|
13
|
0
|
(8)
|
(13)
|
(4)
|
(16)
|
(12)
|
(5)
|
(6)
|
47
|
51
|
46
|
(27)
|
|
Operating Income |
71
N/A
|
92
+30%
|
107
+16%
|
118
+10%
|
127
+8%
|
130
+2%
|
147
+13%
|
154
+5%
|
155
+1%
|
157
+1%
|
150
-4%
|
152
+1%
|
175
+15%
|
162
-7%
|
172
+6%
|
183
+6%
|
216
+18%
|
252
+17%
|
262
+4%
|
271
+3%
|
280
+3%
|
278
-1%
|
283
+2%
|
295
+4%
|
320
+8%
|
350
+9%
|
372
+6%
|
388
+4%
|
408
+5%
|
390
-4%
|
394
+1%
|
400
+2%
|
405
+1%
|
454
+12%
|
500
+10%
|
529
+6%
|
500
-5%
|
575
+15%
|
553
-4%
|
549
-1%
|
499
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(5)
|
(5)
|
(7)
|
(9)
|
(11)
|
(14)
|
(14)
|
(7)
|
(12)
|
(11)
|
(10)
|
(9)
|
(8)
|
(9)
|
(8)
|
(4)
|
(10)
|
(11)
|
(12)
|
(4)
|
(16)
|
(15)
|
(17)
|
(5)
|
(9)
|
(7)
|
(2)
|
(11)
|
(3)
|
(4)
|
(4)
|
(8)
|
(10)
|
(17)
|
(23)
|
(23)
|
(43)
|
(55)
|
(65)
|
(51)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(4)
|
(4)
|
(6)
|
(7)
|
(6)
|
(4)
|
(1)
|
(2)
|
(4)
|
(3)
|
(10)
|
(9)
|
(13)
|
(3)
|
(9)
|
(13)
|
3
|
2
|
2
|
4
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
(4)
|
28
|
24
|
42
|
16
|
(13)
|
(13)
|
5
|
(77)
|
(88)
|
(102)
|
(52)
|
|
Total Other Income |
1
|
0
|
(1)
|
2
|
(6)
|
1
|
1
|
2
|
(8)
|
2
|
1
|
0
|
(5)
|
(1)
|
1
|
1
|
(4)
|
0
|
0
|
0
|
(9)
|
3
|
3
|
4
|
(7)
|
0
|
1
|
0
|
(2)
|
0
|
1
|
2
|
(8)
|
1
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(13)
|
|
Pre-Tax Income |
67
N/A
|
87
+30%
|
102
+17%
|
107
+5%
|
108
+1%
|
114
+6%
|
127
+11%
|
136
+7%
|
136
N/A
|
146
+7%
|
138
-5%
|
138
N/A
|
158
+14%
|
143
-9%
|
155
+8%
|
163
+5%
|
205
+26%
|
235
+15%
|
239
+2%
|
263
+10%
|
269
+2%
|
267
-1%
|
275
+3%
|
280
+2%
|
307
+10%
|
343
+12%
|
366
+7%
|
386
+5%
|
395
+2%
|
382
-3%
|
419
+10%
|
422
+1%
|
431
+2%
|
461
+7%
|
470
+2%
|
492
+5%
|
473
-4%
|
455
-4%
|
410
-10%
|
382
-7%
|
383
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(21)
|
(27)
|
(32)
|
(32)
|
(30)
|
(32)
|
(35)
|
(39)
|
(54)
|
(58)
|
(54)
|
(53)
|
(36)
|
(31)
|
(35)
|
(36)
|
(53)
|
(61)
|
(62)
|
(70)
|
(67)
|
(68)
|
(70)
|
(68)
|
(75)
|
(84)
|
(88)
|
(89)
|
(99)
|
(98)
|
(97)
|
(105)
|
(93)
|
(97)
|
(108)
|
(115)
|
(114)
|
(110)
|
(106)
|
(97)
|
(103)
|
|
Income from Continuing Operations |
46
|
60
|
70
|
75
|
78
|
82
|
92
|
97
|
82
|
88
|
84
|
85
|
122
|
112
|
120
|
127
|
152
|
174
|
177
|
193
|
202
|
199
|
205
|
212
|
232
|
259
|
278
|
297
|
296
|
284
|
322
|
317
|
338
|
364
|
362
|
377
|
359
|
345
|
304
|
285
|
280
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
46
N/A
|
60
+30%
|
71
+18%
|
75
+6%
|
77
+3%
|
80
+4%
|
89
+11%
|
95
+7%
|
83
-13%
|
90
+8%
|
86
-4%
|
87
+1%
|
121
+39%
|
111
-8%
|
119
+7%
|
126
+6%
|
151
+20%
|
174
+15%
|
178
+2%
|
195
+10%
|
201
+3%
|
201
N/A
|
206
+2%
|
212
+3%
|
231
+9%
|
258
+12%
|
278
+8%
|
296
+6%
|
296
N/A
|
284
-4%
|
321
+13%
|
317
-1%
|
338
+7%
|
363
+7%
|
361
-1%
|
376
+4%
|
357
-5%
|
344
-4%
|
303
-12%
|
285
-6%
|
280
-2%
|
|
EPS (Diluted) |
0.31
N/A
|
0.4
+29%
|
0.48
+20%
|
0.51
+6%
|
0.51
N/A
|
0.54
+6%
|
0.6
+11%
|
0.63
+5%
|
0.55
-13%
|
0.6
+9%
|
0.57
-5%
|
0.92
+61%
|
0.81
-12%
|
0.74
-9%
|
0.79
+7%
|
1.03
+30%
|
1.01
-2%
|
1.16
+15%
|
1.19
+3%
|
1.3
+9%
|
1.34
+3%
|
1.34
N/A
|
1.38
+3%
|
1.42
+3%
|
1.54
+8%
|
1.72
+12%
|
1.85
+8%
|
1.97
+6%
|
1.98
+1%
|
1.9
-4%
|
1.74
-8%
|
1.69
-3%
|
1.92
+14%
|
1.97
+3%
|
1.96
-1%
|
2.05
+5%
|
1.94
-5%
|
1.87
-4%
|
1.61
-14%
|
1.54
-4%
|
1.52
-1%
|