Valmet traded at 24.28 this Friday April 24th, decreasing 0.80 or 3.19 percent since the previous trading session. Looking back, over the last four weeks, Valmet lost 4.97 percent. Over the last 12 months, its price fell by 7.01 percent. Looking ahead, we forecast Valmet to be priced at 25.40 by the end of this quarter and at 23.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
Valmet Oyj is a Finland-based company, which is engaged in the development and provision of services and technologies for the pulp, paper and energy industries. The Company’s services cover whole cycle from maintenance outsourcing to mill and plant improvements and spare parts. It operates in four business lines: Services, Pulp and Energy, and Paper, which comprise development of products and services and global customer projects in the areas of paper, pulp, tissues, paper and board, as well as bio-energy; and Automation, comprising process automation systems business. The Company operates domestically and abroad, including South, Central and North Americas, China, Asia and Europe.