Valmet H1 2026 Results: Profit Grows Despite 10% Drop in New Orders

Key Facts

In a move reflecting the divergence between current operational performance and future growth prospects, Valmet released its half-year financial review for 2026. According to reports, the company achieved an increase in net sales and comparable EBITA during the January-June period. However, this growth was offset by a significant decline in new business, as orders received dropped by 10 percent to EUR 1,373 million during the second quarter of 2026.

This performance comes as the company aims to maintain annual revenue stability, with Valmet reiterating guidance that 2026 net sales will remain consistent with the 2025 level of EUR 5,197 million. Per market data, the results highlight successful cost-management efforts, with comparable SG&A costs falling by EUR 79 million relative to 2024, supporting profitability even as organic order intake faced a 9 percent decline against a demanding comparison period.

Looking ahead, markets are monitoring the company's ability to convert its backlog into revenue, particularly following the closure of the Severn acquisition in July 2026.