Vaisala Oyj Class A · OMXHEX:VAIAS

Vaisala Oyj Class A — FY2015 Earnings Presentation

14 slides from Vaisala Oyj Class A's earnings presentation, Feb 10, 2016

  1. Slide 1: Financial Statement Release 2015

    2016‐02‐10 Financial Statement Release 2015 Vaisala Corporation February 10, 2016 Overview of Q4/2015  Orders received EUR 90.7 (87.1) million, +4%  Order book EUR 129.2 (129.2) million, +0%  Net sales EUR 101.1 (95.7) million, +6%  Gross margin 54.1% (52.5%)  Operating result EUR 19.1 (14.9) m

  2. Slide 2: Orders, Net Sales and Order Book

    2016‐02‐10 Orders, Net Sales and Order Book (MEUR) 150.0 120.0 90.0 60.0 30.0 0.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2013 2013 2013 2013 2014 2014 2014 2014 2015 2015 2015 2015 Orders 58.7 65.6 76.0 82.7 68.6 70.6 68.8 87.1 66.9 79.9 81.0 90.7 Net sales 65.6 65.2 61.9 80.5 57.5 68.7 77.9 95.7 58.7

  3. Slide 3: Net Sales by Business Type and Regions

    2016‐02‐10 Net Sales by Business Type MEUR Q4/2015 Q4/2014 Weather 76.6 73.3 Products 41.3 35.9 Projects 23.1 26.6 Services 12.2 10.9 MEUR Q4/2015 Q4/2014 Controlled Environment 24.5 22.3 Products 22.2 20.0 Services 2.3 2.4 Sales, other 0.0 0.0 TOTAL VAISALA NET SALES 101.1 95.7 Page 5 © Vaisala 201

  4. Slide 4: Foreign Exchange Effect; Weather in Q4/2015

    2016‐02‐10 Foreign Exchange Rate Effect on Net Sales (MEUR)  Foreign exchange rate effect mainly from USD/EUR  Comparable exchange rates: translation impact eliminated Q4/2015 Q4/2014 Q4/2015 At comparable Currency Reported Reported exchange rates effect Weather 76.6 73.3 72.1 4.5 Controlled Envir

  5. Slide 5: Controlled Environment in Q4/2015

    2016‐02‐10 Controlled Environment in Q4/2015 Net sales and operating result  Orders received EUR 24.0 (21.7) million, +10% MEUR development %  The increase came from all regions 30 30  Order book EUR 7.0 (5.5) million, +28% 20  The increase came from all regions 20 10  Net sales EUR 24.5 (22.3)

  6. Slide 6: Overview of 1-12/2015 and Key Figures

    2016‐02‐10 Overview of 1-12/2015  Orders received EUR 318.5 (295.0) million, +8%  Net sales EUR 318.5 (299.7) million, +6%  Gross margin 51.1% (51.1%)  Operating result EUR 29.6 (26.4) million, +12%  Earnings per share EUR 1.52 (1.30), +17%  Cash flow from operating activities EUR 38.8 (23.8)

  7. Slide 7: Key Figures and Net Sales by Business Type

    2016‐02‐10 Key Figures Net sales, EUR million Operating Result, EUR million 350 35 300 30 250 25 200 20 318.5 299.7 293.3 30.2 29.6 273.6 273.2 150 15 26.4 18.1 100 10 16.1 50 5 0 0 2011 2012 2013 2014 2015 2011 2012 2013* 2014 2015 * Impairment charge of EUR 4.3 million Page 13 © Vaisala 2016-2-10

  8. Slide 8: Net Sales by Regions; Foreign Exchange Rate Effect

    2016‐02‐10 Net Sales by Regions Americas EMEA APAC 2015 132.0 (112.1) 105.1 (111.8) 81.3 (75.9) MEUR (2014) Change 2015 +18% -6% +7% (2014) Share of net 41% 33% 26% sales Page 15 © Vaisala 2016-2-10 Financial Statement Release 2015 Foreign Exchange Rate Effect on Net Sales (MEUR)  Foreign exchange

  9. Slide 9: Weather and Controlled Environment in 2015

    2016‐02‐10 Weather in 2015  Orders received EUR 224.0 (215.2) million, +4%  The increase came from Energy and Transportation  Order book EUR 122.2 (123.7) million, -1%  Net sales EUR 225.5 (219.6) million, +3%  The increase came from Meteorology Infrastructure and Transportation, Energy was at

  10. Slide 10: R&D Costs and Key Ratios

    2016‐02‐10 R&D Costs 36  R&D expenses were EUR 32 36.1 (34.0) million, 11.3% 28 (11.3%) of net sales 24  Weather 11.8% (11.7%) of 20 net sales 16  Controlled Environment 12 10.1% (10.3%) of net sales 8 4 0 2010 2011 2012 2013 2014 2015 R&D costs (MEUR) % of net sales Page 19 © Vaisala 2016-2-10 F

  11. Slide 11: Market and Business Outlook

    2016‐02‐10 Market and Business Outlook 2016-2-10 21 Financial Statement Release 2015 Market Outlook 2016  Even though global economy has recently slightly decelerated, the latest forecasts still predict moderate development for 2016 and Vaisala is expecting stable weather observation and industrial

  12. Slide 12: Business Outlook 2016; EUR 20 million contract

    2016‐02‐10 Business Outlook 2016  Vaisala estimates its full year 2016 net sales to be in the range of EUR 305–335 million and the operating result (EBIT) in the range of EUR 28–38 million. Net sales Operating result 320 35 310 318.5 30 300 30.2 29.6 299.7 25 26.4 290 293.3 20 280 15 18.1 270 273.6

  13. Slide 13: Dividend Policy; Reshape of Transportation Business Unit

    2016‐02‐10 Dividend policy  Vaisala aims to pay a stable dividend which will increase in line with net profit development.  Vaisala’s goal is to maintain high solvency and to take future investment plans into account.  Vaisala will apply this dividend policy for the first time to the dividend dis

  14. Slide 14: Observations for a Better World

    2016‐02‐10 Observations for a Better World Page 27 © Vaisala 2016-2-10 Financial Statement Release 2015 14

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