Flow control

Valmet's Financial Statements Review January 1 - December 31, 2023: Orders received amounted close to EUR 5.0 billion and Comparable EBITA increased to EUR 619 million in 2023

Retrieved on: 
Wednesday, February 7, 2024
Paper, Annual, Service, Order, Carbon, MSCI, Gold, Acquisition, EUR, Automation, Flow control, Comparable, Retail

–  Comparable EBITA remained at the previous year's level in the Automation and Services segments and decreased in the Process Technologies segment.

Key Points: 
  • –  Comparable EBITA remained at the previous year's level in the Automation and Services segments and decreased in the Process Technologies segment.
  • –  Orders received increased in the Automation segment, remained at the previous year's level in the Services segment, and decreased in the Process Technologies segment.
  • –  Orders received increased in South America, remained at the previous year's level in North America and decreased in EMEA, China and Asia-Pacific.
  • President and CEO Pasi Laine: Net sales and Comparable EBITA increased in 2023
    "Valmet's orders received amounted close to EUR 5.0 billion in 2023.

The Board of Directors of Valmet Oyj has decided on share-based incentive plans for key employees and on the acquisition of own shares

Retrieved on: 
Wednesday, December 20, 2023
Nasdaq Helsinki, Tax, EET, Comparable, Reward, Osakeyhtiö, Senior, Annual, Service, Growth, SVP, Human resources, Employment, Flow control

ESPOO, Finland, Dec. 20, 2023 /PRNewswire/ -- The Board of Directors of Valmet Oyj has decided on a continuation of its share-based long-term incentive plans (LTI Plans), a Performance Share Plan and a Deferred Share Plan, as well as a restricted shares pool (Restricted Pool) for Valmet's key employees. The aim of the plans is to align the interests of the shareholders and the key employees to increase the value of Valmet Oyj (the Company) in the long run, to steer the key employees towards achieving the Company's selected strategic targets, to commit the key employees to the Company, and to offer them a competitive reward plan based on holding the Company's shares.

Key Points: 
  • Valmet's Board of Directors decides on the predefined performance measures and targets in the beginning of each three-year performance period.
  • The potential reward for the full performance period 2024–2026 will be paid in Company shares in 2027.
  • The Deferred Share Plan directed to other key employees and management talents includes a one-year performance period, the year 2024.
  • The predefined performance measures and targets are decided by Valmet's Board of Directors and are aligned with the targets of the Performance Share Plan.

Marotta Controls to Provide Valves for NASA’s Mars Sample Return Program

Retrieved on: 
Tuesday, November 14, 2023
DNA, Flow control, Red Planet, Risk, Perseverance, Jezero (crater), SRL, NASA, Spacecraft, JPL, MAV, Core, Mars sample-return mission, Hydraulic machinery, Marotta, Mars

MONTVILLE, N.J., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier with a 65-year-plus heritage in spaceflight, has been selected by NASA’s Jet Propulsion Laboratory (JPL) to supply two types of valves on the Sample Retrieval Lander (SRL), a key element of NASA’s Mars Sample Return program .

Key Points: 
  • MONTVILLE, N.J., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier with a 65-year-plus heritage in spaceflight, has been selected by NASA’s Jet Propulsion Laboratory (JPL) to supply two types of valves on the Sample Retrieval Lander (SRL), a key element of NASA’s Mars Sample Return program .
  • The SRL will carry the Mars Ascent Vehicle (MAV), a rocket charged with launching samples off the surface of Mars for return to Earth for study.
  • The Mars Perseverance rover is currently collecting and caching samples on Mars.
  • Both valves have been optimized to reduce the risk of sample contamination and safeguard the integrity of each vial’s contents.

Hayward Announces Leadership Transition

Retrieved on: 
Monday, December 4, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Landscape, NYSE, Senior, Flow control, Part, Marketing, Aquatic plant management, Final good, Water, Textron, Service, CCO, Management

Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today the promotion of John Collins to Chief Commercial Officer (CCO), effective immediately.

Key Points: 
  • Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, announced today the promotion of John Collins to Chief Commercial Officer (CCO), effective immediately.
  • Prior to joining Hayward, Collins was the Senior Vice President and General Manager of E-Z-GO for Textron Specialized Vehicles, Inc.
  • “John’s exceptional leadership as Hayward’s Chief Supply Chain Officer has been pivotal in shaping our global supply chain activities,” said Hayward’s President and Chief Executive Officer Kevin Holleran.
  • As part of the strategic leadership transition, Hayward has announced the departure of Rick Roetken, President of North America.

Valmet's Interim Review January 1 - September 30, 2023: Orders received amounted to EUR 980 million and Comparable EBITA increased to EUR 150 million in the third quarter

Retrieved on: 
Wednesday, October 25, 2023
Paper, Osakeyhtiö, Carbon, Order, Flow control, EBITA, Comparable, Senior, EUR, Investment, Fine chemical, Marketing, Retail, Management, Renewable energy, Valmet, Service, Automation, Neles

ESPOO, Finland, Oct. 25, 2023 /PRNewswire/ --

Key Points: 
  • July–September 2023: Net sales remained at the previous year's level, Comparable EBITA margin increased
    Orders received decreased in all three segments.
  • Orders received increased in China and North America, and decreased in Asia-Pacific, EMEA (Europe, Middle East and Africa) and South America.
  • Orders received increased in the Automation segment, remained at the previous year's level in the Services segment, and decreased in the Process Technologies segment.
  • Orders received increased in South America and North America, remained at the previous year's level in China and Asia-Pacific and decreased in EMEA.

Applied Industrial Technologies Acquires Bearing Distributors and Cangro Industries

Retrieved on: 
Tuesday, September 5, 2023
Other Manufacturing, Technology, Packaging, Engineering, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Food, AIT, Fluid power, Applied Industrial Technologies, Distributor, Service, Automation, Flow control, Organization, Acquisition, Paper, NYSE, Shared services center, Retail

Applied Industrial Technologies (NYSE: AIT) today announced the acquisition of both Bearing Distributors, Inc. (Bearing Distributors) and Cangro Industries, Inc. (Cangro), providers of bearings, power transmission, industrial motion, and related service and repair capabilities.

Key Points: 
  • Applied Industrial Technologies (NYSE: AIT) today announced the acquisition of both Bearing Distributors, Inc. (Bearing Distributors) and Cangro Industries, Inc. (Cangro), providers of bearings, power transmission, industrial motion, and related service and repair capabilities.
  • Bearing Distributors is based in Columbia, South Carolina, while Cangro is based in Long Island, New York.
  • Neil A. Schrimsher, President & Chief Executive Officer for Applied, commented, “We welcome Bearing Distributors and Cangro to Applied’s U.S. Service Center network as we continue to bolster our local presence and provide our customers with leading technical support.
  • The Companies serve customers primarily across core U.S. Service Center industries including food and beverage, pulp and paper, chemical, pharmaceutical, automotive, and other industrial markets.

Valmet's Half Year Financial Review January 1 - June 30, 2023: Orders received amounted close to EUR 1.3 billion and Comparable EBITA increased to EUR 153 million in the second quarter

Retrieved on: 
Wednesday, July 26, 2023
Comparable, Osakeyhtiö, EBITA, Flow control, EUR, Acquisition, Investment, Siemens, Paper, Fine chemical, Retail, Rail freight transport, Speciality chemicals, Public utility, Pharmaceutical industry, Service, Automation, Neles, Valmet

ESPOO, Finland, July 26, 2023 /PRNewswire/ --

Key Points: 
  • Orders received increased in Asia-Pacific and South America, and decreased in EMEA (Europe, Middle East and Africa), North America and China.
  • Comparable EBITA increased in the Services and Automation segments and remained at the previous year's level in the Process Technologies segment.
  • Orders received increased in the Automation and Services segments and decreased in the Process Technologies segment.
  • Orders received increased in Asia-Pacific, South America and North America and decreased in China and EMEA.

Valmet strengthens its automation offering by acquiring the Process Gas Chromatography business of Siemens AG

Retrieved on: 
Monday, July 17, 2023
Chromatographic response function, Partnership, Process automation system, Körber Process Solutions, Integration, Customer, Gas, Gas chromatography, Automation, History, Integrated business planning, Flow control, Neles, Nasdaq Helsinki, LNG, EBITDA, Acquisition, Biofuel, System integration, Paper, Growth, Safety, Retail, Fine chemical, Maxum, Valmet

ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.

Key Points: 
  • ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.
  • The Process Gas Chromatography business of Siemens AG is a market leader with its Maxum II Gas Chromatograph platform, Systems Integration, and Customer Services offering.
  • The acquisition is in line with Valmet's strategy and will further strengthen Valmet's automation segment and process automation offering with process industry gas chromatograph and process analyzer systems offering.
  • "Siemens' Process Gas Chromatograph Maxum II products, systems and services offering complements well Valmet's existing automation offering, industry reach and expertise.

United States Infusion Therapy Market Analysis & Forecasts, 2019-2022 & 2023-2029: Infusion Pumps, Intravenous Sets, Needless Connectors, Stopcocks, Intravenous Filters & Blood Transfusion Devices - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 8, 2023
Pharmaceutical, Health, Medical Devices, Infusion, IV, FDA recall policies, Pump, Baxter, COVID-19, Texas Homecare, BD (company), Russian Industrial Leaders Index, CareFusion, Blood transfusion, Flow control, Intravenous therapy, Market, SWOT, Acquisition, SCSI Peripheral Device Type, ICU Medical, Mergers and acquisitions, Infusion pump, Growth, Patient, Stopcock, FDA, Disruptive innovation, Needleless connector, Medical device, Pharmaceutical industry, Medical imaging, Modularity

The "United States Infusion Therapy Market Size, Share & COVID-19 Impact Analysis 2023-2029 | MedSuite | Includes: Infusion Pumps, Intravenous Sets, Needless Connectors, Stopcocks, Intravenous Filters & Blood Transfusion Devices" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Infusion Therapy Market Size, Share & COVID-19 Impact Analysis 2023-2029 | MedSuite | Includes: Infusion Pumps, Intravenous Sets, Needless Connectors, Stopcocks, Intravenous Filters & Blood Transfusion Devices" report has been added to ResearchAndMarkets.com's offering.
  • The Infusion Therapy Device Market in the United States had a valuation of $3 billion in 2022.
  • The full report suite on the U.S. Market for Infusion Therapy Devices includes extensive analysis on the following segments: Infusion Pump Market, Intravenous Set Market, Needleless Connector Market, Stopcock Market, Intravenous Filter Market, and the Blood Transfusion Market.
  • The infusion therapy device market, being mature and stable, is expected to witness limited growth in unit sales.

Valmet's Interim Review January 1 - March 31, 2023: Orders received increased to EUR 1.55 billion and Comparable EBITA to EUR 133 million in the first quarter

Retrieved on: 
Wednesday, April 26, 2023
Comparable, Osakeyhtiö, EBITA, Flow control, EUR, EBITDA, Paper, Fine chemical, Retail, Service, Automation, Neles, Valmet

ESPOO, Finland, April 26, 2023 /PRNewswire/ -- 

Key Points: 
  • Net debt to EBITDA ratio, Comparable gross profit, and Comparable selling, general and administrative expenses (Comparable SG&A expenses) are new alternative performance measures.
  • Orders received increased in the Automation and Services segments and decreased in the Process Technologies segment.
  • Orders received increased in South America, North America and EMEA (Europe, Middle East and Africa), remained at the previous year's level in Asia-Pacific, and decreased in China.
  • President and CEO Pasi Laine: Strong quarter in order intake and profitability
    "Valmet's orders received increased to EUR 1.55 billion in the first quarter of 2023.