Valmet Oyj

Inside information: Valmet notified of arbitration claim by Kronospan Energy S.A.

Källa: Cision
Neutral

Sammanfattning

Valmet har mottagit en stämningsansökan från Kronospan Energy S.A. med krav på cirka 130 miljoner euro för påstådda prestandaproblem i ett levererat värme- och kraftverk. Valmet bestrider kraven och förväntar sig inga materiella negativa effekter.

Analys

Valmet meddelar att de mottagit en stämningsansökan från Kronospan Energy S.A. gällande ett värme- och kraftverk levererat 2022. Kronospan kräver cirka 130 miljoner euro för påstådda prestandaproblem och defekter. Valmet bestrider dock kraven kraftfullt, anser dem ogrundade och är övertygade om att verket uppfyllde avtalade krav. Bolaget planerar även att driva egna krav mot Kronospan. Valmets ledning förväntar sig inga materiella negativa effekter på verksamhet eller finansiell ställning till följd av tvisten.

Nyckeltal

Krav från Kronospan Energy S.A.
ca 130 miljoner euro
Valmets nettoomsättning 2025
ca 5.2 miljarder euro

Insikter

  • • Utgången av en rättslig tvist är osäker och kan ta lång tid att lösa.
  • • Valmets bedömning av utebliven materiell påverkan är en tidig bedömning.
Fundamental påverkan · osäker: En potentiell utgift om cirka 130 miljoner euro utgör en risk för Valmets finansiella ställning, men bolagets bedömning är att det inte blir några materiella negativa effekter.

Inside information: Valmet notified of arbitration claim by Kronospan Energy S.A.

Valmet Oyj’s stock exchange release (inside information) on November 9, 2026 at 18:15 p.m. EET

Kronospan Energy S.A. has filed a request for arbitration against Valmet Technologies Oy, which is a subsidiary of Valmet. The arbitration concerns the Purchase Agreement between Kronospan Energy S.A. and Valmet Technologies Oy dated January 18, 2022 for delivery of a biomass-fired heat and power plant (“CHP3”) as specified under the Purchase Agreement.The Take-Over of CHP3 was July 12, 2024. Typically, the price of a project with a similar scope is approximately EUR 100 million.

The dispute relates primarily to alleged performance issues and defects in the CHP3. Valmet Technologies Oy contests the allegations and maintains that CHP3 met the agreed performance requirements when operated with the agreed fuel and otherwise as specified in the Purchase Agreement. Valmet has extensive experience in successfully delivering energy solutions to customers globally. Valmet considers the claims brought by Kronospan Energy S.A. to be unfounded and is confident in its position and in its ability to fully defend against the claims in the arbitration.

Valmet Technologies Oy disputes the claims brought by Kronospan Energy S.A. and will also actively pursue claims of its own against Kronospan Energy S.A. The preliminary monetary claims put forward by Kronospan Energy S.A. amount to approximately EUR 130 million. The majority of claims are for damages for loss in value of CHP3 in the amount of EUR 102 million and lost profit of EUR 23 million at the Sanem site in Luxembourg where the CHP3 was installed. Kronospan Energy S.A. reserves the right to supplement and amend its claims, and to advance further claims.

Valmet’s management does not expect to the best of its current understanding any material adverse impacts on its operations or financial position due to this arbitration. This early assessment takes into account the grounds currently presented.

Further information: Rasmus Oksala, General Counsel, Valmet, tel. +358 50 3173 830

Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET

Pia Aaltonen-Forsell CFO

Pekka Rouhiainen VP, Investor Relations

DISTRIBUTION: Nasdaq Helsinki Major media www.valmet.com

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.

 

In 2025, Valmet’s net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet’s shares are listed on Nasdaq Helsinki.

 

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