Valmet Corporation - Company Announcement

Valmet's strategy and financial targets unchanged and reconfirmed by the Board of Directors

Valmet Corporation's stock exchange release on July 31, 2014 at 3:15 p.m. EET

Valmet's strategy and financial targets, which were announced on September
3, 2013, have been reconfirmed by Valmet's Board of Directors, and thus remain
unchanged.

Strategy

Valmet will focus on delivering technology and services globally to industries
that use bio-based raw materials. Valmet's vision is to become the global
champion in serving its customers, and its mission is to convert renewable
resources into sustainable results.

Valmet's main customer industries are pulp, paper, and energy. All of these are
major global industries that offer growth potential for the future. Valmet will
complement its core business by applying its technology and know-how to
industries beyond biomass, particularly in the energy sector.

Valmet's product and service portfolio consists of productivity-enhancing
services, plant upgrades and rebuilds, new cost-efficient equipment and
solutions for optimizing energy and raw material usage, and technologies
increasing the value of its customers' end-products.

Valmet continues to seek to achieve its strategic targets by pursuing the
following Must-Win initiatives: customer excellence, leader in technology and
innovation, excellence in processes, and winning team.

Financial targets

Valmet's financial targets are the following:

  * Net sales growth to exceed market growth

  * EBITA before non-recurring items: 6-9%

  * Return on capital employed (pre-tax), ROCE: minimum of 15%

  * Dividend payout at least 40% of net profit

Comment from Pasi Laine, President and CEO of Valmet Corporation:"We continue with the strategy and financial targets we set up in September,
2013. Valmet's strategy is clear and well-defined, and our Must-Wins focus on
the right areas. The focus of the management continues to be on reaching the
financial targets and on the further development of our position as a leading,
global services and technology provider for pulp, paper and energy industries,"
says Pasi Laine, President and CEO of Valmet Corporation.


Further information, please contact:
Pasi Laine, President and CEO, Valmet Corporation, tel. +358 10 672 0001
Markku Honkasalo, Chief Financial Officer, Valmet Corporation, tel.
+358 10 672 0008

For investors and analysts: Hanna-Maria Heikkinen, VP, Investor Relations,
Valmet Corporation, tel. +358 10 672 0007


VALMET CORPORATION

Markku Honkasalo
CFO

Hanna-Maria Heikkinen
VP, Investor Relations



Valmet Corporation is a leading global developer and supplier of services and
technologies for the pulp, paper and energy industries. Our 11,000 professionals
around the world work close to our customers and are committed to moving our
customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. Our strong technology offering includes
entire pulp mills, tissue, board and paper production lines, as well as power
plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the
demerger of the pulp, paper and power businesses from Metso Group in December
2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's
objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the
NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal


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