Q4 2020 Valmet Oyj Earnings Call Transcript
All right. Ladies and gentlemen, welcome to Valmet's Q4 2020 Results Publication Webcast. My name is Pekka Rouhiainen. I'm the Head of Investor Relations here at Valmet.
With me today are Pasi Laine, Valmet's President and CEO; as well as Kari Saarinen, CFO. The agenda is so that Pasi will first go through the highlights of the quarter. Kari will then present financials in more detail. And after that, we will be taking questions over the phone lines.
But without further ado, Pasi, please?
Okay. Thank you, Pekka. So welcome also on my behalf. So net sales in Valmet amounted to EUR 3.740 billion and comparable EBITA increased to EUR 365 million in 2020.
So I have traditional agenda. First, 2020 in brief, then development of business lines. Then, like Pekka said, Kari will go through the financial development, and thereafter, I'll go through financial proposal, guidance and short-term market outlook.
So first, 2020 in brief. So
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