Vaisala Oyj Class A · OMXHEX:VAIAS
Vaisala Oyj Class A — Q2 2014 Earnings Presentation
11 slides from Vaisala Oyj Class A's earnings presentation, Jul 23, 2014
Slide 1: Interim Report January–June 2014: Overview of Q2/2014
July 23, 2014 Interim Report January–June 2014 Vaisala Corporation July 23, 2014 Overview of Q2/2014 Orders received EUR 70.6 (65.6) million, +8% Order book EUR 146.8 (99.0) million, +48% Net sales EUR 68.7 (65.2) million, +5% Gross margin 49.8% (50.8%) Operating result EUR 2.1 (5.1) milli
Slide 2: Orders, Net Sales and Order Book; Net Sales by Business Area
July 23, 2014 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 2012 2012 2012 2012 2013 2013 2013 2013 2014 2014 Orders 55.7 68.6 74.3 66.1 58.7 65.6 76.0 82.7 68.6 70.6 Net sales 58.8 75.3 69.5 89.7 65.6 65.2 61.9 80.5 57.5 68.7 Order Book 131.1 1
Slide 3: Net Sales by Business Type and Regions
July 23, 2014 Net Sales by Business Type (MEUR) 4-6/2014 4-6/2013 1-6/2014 1-6/2013 2013 Weather 49.8 47.1 89.0 94.7 200.0 Products 22.7 25.5 41.7 49.6 97.3 Delivery projects 19.0 14.6 30.0 30.1 70.0 Services 8.2 7.0 17.3 14.9 32.7 Controlled Environment 18.9 18.1 37.2 36.2 73.2 Products 16.5 15.8 3
Slide 4: Foreign Exchange Rate Effect on Net Sales; Performance by Quarter
July 23, 2014 Foreign Exchange Rate Effect on Net Sales (MEUR) Foreign exchange rate effect mainly from USD/EUR, JPY/EUR and AUD/EUR Comparable exchange rates: translation impact eliminated Q2/2014 Q2/2013 Q2/2014 At comparable Currency Reported Reported exchange rates effect Weather 49.8 47.1 5
Slide 5: Weather and Controlled Environment in Q2/2014
July 23, 2014 Weather in Q2/2014 Orders received EUR 52.1 (46.7) million, +12% The growth came mainly from Meteorology and New Weather Markets customer groups Order book EUR 141.7 (94.1) million, +51% Net sales EUR 49.8 (47.1) million, +6% At comparable exchange rates net sales would have
Slide 6: R&D Costs in 1-6/2014
July 23, 2014 R&D Costs in 1-6/2014 32 R&D expenses 30 28 were EUR 17.0 26 (14.7) million, 24 13.5% (11.2%) of 22 net sales. 20 18 The increase was 16 mainly due to R&D 14 expenses of the 12 acquired 10 companies 8 6 Weather 14.1% 4 (12.1%) of net 2 sales 0 2000 2001 2002 2003 2004 2005 2006 2
Slide 7: Overview of 1–6/2014
July 23, 2014 Overview of 1–6/2014 Orders received EUR 139.1 (124.2) million, +12% Net sales EUR 126.2 (130.9) million, -4% Gross margin 49.0% (49.8%) Operating result EUR -1.1 (10.2) million Earning per share EUR -0.05 (0.36) Cash flow from operating activities EUR -1.5 (5.3) million Pa
Slide 8: Weather and Controlled Environment in 1-6/2014
July 23, 2014 Weather in 1-6/2014 Orders received EUR 102.5 (87.6) million, +17% Orders increased in all other customer groups except in Airports Order book EUR 141.7 (94.1) million, +51% Net sales EUR 89.0 (94.7) million, -6% At comparable exchange rates net sales would have decreased by
Slide 9: Key Ratios in 1-6/2014
July 23, 2014 Key Ratios in 1-6/2014 1-6/2014 1-6/2013 2013 Earnings per share, EUR -0.05 0.36 0.60 Equity per share, EUR 7.90 9.91 8.80 Cash flow from operating activities per share, EUR -0.08 0.29 1.55 Solvency ratio 68.1% 77.5% 71.6% Return on equity -1.1% 7.1% 6.3% Capital expenditure, MEUR 3.7
Slide 10: Market Outlook and Business Outlook 2014
July 23, 2014 Market Outlook Vaisala expects that decent macroeconomic conditions, customers’ activity and good order book indicate increasing weather observation and industrial measurement solutions market. In EMEA demand for weather observation solutions is expected to remain solid. Enquiries
Slide 11: Financial Calendar
July 23, 2014 Financial Calendar January-September Interim Report Vaisala will publish its January-September Interim Report on Wednesday, October 22, 2014 at approximately 2:00 p.m. Finnish time www.vaisala.com/investors Page © Vaisala July 23, 2014 Interim Report January-June 2014 www.vaisala