Below are the financial statements of Valmet, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Intangible assets | — | — |
| Goodwill | 1,808a | 1,735a |
| Other intangible assets | 1,127a | 1,142a |
| Total intangible assets | 2,934a | 2,877a |
| Property, plant and equipment | — | — |
| Land and water areas | 40a | 40a |
| Buildings and structures | 163a | 169a |
| Machinery and equipment | 283a | 263a |
| Right-of-use assets | 156a | 145a |
| Assets under construction | 83a | 81a |
| Total property, plant and equipment | 726a | 698a |
| Other non-current assets | — | — |
| Investments in associated companies | 17a | 16a |
| Non-current financial assets | 40a | 31a |
| Deferred tax assets | 94a | 90a |
| Non-current income tax receivables | 39a | 41a |
| Other non-current assets | 37a | 15a |
| Total other non-current assets | 228a | 193a |
| Total non-current assets | 3,888a | 3,768a |
| Current assets | — | — |
| Inventories | — | — |
| Materials and supplies | 206a | 249a |
| Work in progress | 396a | 472a |
| Finished products | 301a | 327a |
| Total inventories | 903a | 1,049a |
| Receivables and other current assets | — | — |
| Trade receivables | 862a | 973a |
| Amounts due from customers under revenue contracts | 344a | 475a |
| Other current financial assets | 62a | 56a |
| Income tax receivables | 64a | 56a |
| Other current assets | 226a | 255a |
| Cash and cash equivalents | 482a | 432a |
| Total receivables and other current assets | 2,041a | 2,247a |
| Total current assets | 2,944a | 3,296a |
| Total assets | 6,832a | 7,064a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Share capital | 140a | 140a |
| Reserve for invested unrestricted equity | 1,375a | 1,372a |
| Cumulative translation adjustments | -40a | -42a |
| Hedge and other reserves | -6a | -1a |
| Retained earnings | 1,137a | 1,096a |
| Equity attributable to owners of the parent | 2,607a | 2,565a |
| Non-controlling interests | 7a | 6a |
| Total equity | 2,614a | 2,572a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Non-current debt | 1,272a | 1,240a |
| Non-current lease liabilities | 107a | 98a |
| Employee benefit liabilities | 157a | 154a |
| Non-current provisions | 28a | 42a |
| Other non-current liabilities | 13a | 12a |
| Deferred tax liabilities | 284a | 283a |
| Total non-current liabilities | 1,862a | 1,828a |
| Current liabilities | — | — |
| Current debt | 115a | 103a |
| Current lease liabilities | 50a | 43a |
| Trade payables | 460a | 520a |
| Current provisions | 162a | 169a |
| Amounts due to customers under revenue contracts | 904a | 1,151a |
| Other current financial liabilities | 31a | 34a |
| Income tax liabilities | 75a | 85a |
| Other current liabilities | 559a | 558a |
| Total current liabilities | 2,356a | 2,664a |
| Total liabilities | 4,218a | 4,492a |
| Total equity and liabilities | 6,832a | 7,064a |
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