Vaisala Oyj Class A · OMXHEX:VAIAS

Vaisala Oyj Class A — Q3 2012 Earnings Presentation

16 slides from Vaisala Oyj Class A's earnings presentation, Nov 1, 2012

  1. Slide 1: Result January-September 2012

    Result January-September 2012 Vaisala Group November 1st, 2012

  2. Slide 2: Overview of Q1-Q3 2012

    Overview of Q1-Q3 2012  Orders received: EUR 198.6 (191.3) million, +4%  Order book EUR 129.2 (136.9) million, -6%  Net sales EUR 203.6 (183.3) million, +11%  Operating result EUR 17.7 (3.1) million  Earnings per share EUR 0.66 (0.08)  Cash flow from business operations EUR 26.7 (19.5) million

  3. Slide 3: Overview of third quarter 2012

    Overview of third quarter 2012  Orders received: EUR 74.3 (79.5) million, -7%  Net sales EUR 69.5 (62.6) million, +11%  Operating result EUR 5.3 (0.9) million  Earnings per share EUR 0.16 (0.11)  Cash flow from business operations EUR 9.1 (6.8) million Page 3 / November 1, 2012 / ©Vaisala

  4. Slide 4: Orders and Net sales

    Orders and Net sales Orders & Net sales, MEUR 100 80 60 40 20 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Act Act Act Act Act Act Act Act Act Act Act 2010 2010 2010 2010 2011 2011 2011 2011 2012 2012 2012 Orders 68 64 66 89 57 55 79 88 56 69 74 Net sales 49 55 65 85 59 62 63 90 59 75 70 Page 4 / November 1, 20

  5. Slide 5: Orders, Net sales and Order Backlog

    Orders, Net sales and Order Backlog Orders & Net Order Backlog, sales, MEUR MEUR 100 140 135 80 130 125 60 120 115 40 110 105 20 100 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Act Act Act Act Act Act Act Act Act Act Act 2010 2010 2010 2010 2011 2011 2011 2011 2012 2012 2012 Orders 68 64 66 89 57 55 79 88 56 6

  6. Slide 6: Net sales quarterly

    Net sales quarterly Page 6 / November 1, 2012 / ©Vaisala

  7. Slide 7: Net Sales by Regions

    Net Sales by Regions Q1-Q3 Q1-Q3 MEUR Change 2012 2011 Americas 78.7 76.4 +3% EMEA 70.7 56.2 +26% APAC 54.3 50.8 +7% Q3-12 vs. Q3-12 vs. Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q3-11 Q2-12 Americas 23.4 24.7 28.3 33.7 21.4 26.3 31.0 9% 18% EMEA 19.3 18.4 18.5 34.5 23.1 27.2 20.4 10%

  8. Slide 8: Performance by Quarter

    Performance by Quarter 100 60% MEUR 50% 80 40% 60 30% 40 20% 20 10% 0 0% Q1/2011 Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Net sales Gross margin % Operating result % Q1/2011 Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Net sales 58.9 61.9 62.6 90.3 58.8 75.3 69.5 Cost of production and pro

  9. Slide 9: Operating result quarterly

    Operating result quarterly Page 9 / November 1, 2012 / ©Vaisala

  10. Slide 10: Weather (WEA) Q1-Q3 2012

    Weather (WEA) Q1-Q3 2012  Net sales EUR 146.7 (130.0) million, +13%  Net sales would have increased by 8% at comparable exchange rates  Operating result EUR 10.8 (-4.1) million  The increase in the profit was driven mainly by higher sales as well as favorable product mix  Orders received  EUR

  11. Slide 11: Controlled Environment (CEN) Q1-Q3 2012

    Controlled Environment (CEN) Q1-Q3 2012  Net sales EUR 56.9 (53.3) million, +7%  At comparable exchange rates net sales would have remained at the same level as previous year  Operating result EUR 8.3 (8.7) million, -4%  Orders received  EUR 57.4 (52.8) million, +9%  Order book  EUR 4.4 (5.5)

  12. Slide 12: Research and Development costs Q1-Q3 2012

    Research and Development costs Q1-Q3 2012  R&D expenses EUR 20.5 million, 10% of net sales  Weather BA 10.9% (12.4%) of net sales  Controlled Environment BA 7.8% (8.1%) of net sales  The goal is to keep the share of R&D expenses at around 10% of net sales Page 12 / November 1, 2012 / ©Vaisala

  13. Slide 13: Key figures Q1-Q3 2012

    Key figures Q1-Q3 2012 Q1-Q3 2012 Q1-Q3 2011 Net sales 203.6 MEUR 183.3 MEUR Services net sales 26.0 MEUR 29.0 MEUR Operating result 17.7 MEUR 3.1 MEUR Result before taxes 17.5 MEUR 2.2 MEUR Net result 11.9 MEUR 1.4 MEUR Capital expenditure 3.8 MEUR 12.8 MEUR R&D expenditure (of net sales) 10 % 11 %

  14. Slide 14: Vaisala Group ROE %

    Vaisala Group ROE % 12.0% 8.0% 4.0% 0.0% ‐4.0% ‐8.0% Q1/2010 Q2/2010 Q3/2010 Q4/2010 Q1/2011 Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Page 14 / November 1, 2012 / ©Vaisala

  15. Slide 15: Outlook

    Outlook Market outlook Uncertainty in the global economy and financial crises are expected to affect Vaisala's business. Based on the structure of Vaisala's customer base and the orders received, the company's market situation is expected to remain materially unchanged in 2012. Financial guidance 

  16. Slide 16: Thank you

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