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Valmet adjusts its strategy to include Flow Control and aligns its financial targets with its financial reporting structure
Valmet's Board of Directors has decided to adjust Valmet's strategy to include Flow Control and align Valmet's financial targets with Valmet's financial reporting structure. Valmet's strategy Valmet's new strategy is: Valmet develops and supplies competitive and reliable process technologies, services and automation to the pulp, paper and energy industries. Our automation business covers a wide base of global process industries. We are committed to moving our customers' performance forward with our unique offering and way to serve. Valmet's previous strategy was: Valmet develops and supplies competitive process technology, services and automation to the pulp, paper and energy industries. We are committed to moving our customers' performance forward with our unique offering and way to serve. Valmet's financial targets As announced on April 27, 2022, Valmet consists of three reportable segments: Services, Automation and Process Technologies. Valmet's financial targets remain unchanged. Valmet's financial targets are the following (previous targets in brackets):
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