Vaisala Oyj Class A · OMXHEX:VAIAS

Vaisala Oyj Class A — Q1 2011 Earnings Presentation

15 slides from Vaisala Oyj Class A's earnings presentation, May 6, 2011

  1. Slide 1: Result January-March 2011

    Result January-March 2011 Vaisala Group May 6, 2011

  2. Slide 2: Overview January - March 2011

    Overview January - March 2011  First quarter net sales at good level. Outlook unchanged.  Orders received: EUR 57.0 (68.1) million, decline 16%.  Net sales EUR 58.9 (49.3) million, growth 20%. Net sales growth compared to proforma Q1/2010 net sales 16%.  Operating result EUR -0.9 (-6.2) million.

  3. Slide 3: Net sales by regions

    Net sales by regions APAC Americas Mill. EUR 2011 2010 Change 27 % 40 % 1-3 1-3 Americas 23.4 20.2 +16% * EMEA 19.3 17.7 +9% APAC 16.2 11.4 +42% EMEA 33 % * Organic growth in Americas of combined Vaisala and Veriteq was 8 percent. Page 3 / 6.5.2011 / ©Vaisala

  4. Slide 4: Performance by Quarter

    Performance by Quarter 10-12 1-3 4-6 7-9 10-12 1-3 2009 2010 2010 2010 2010 2011 Net sales 80.4 49.3 54.7 64.7 84.5 58.9 Cost of production and 42.5 26.0 28.9 31.6 37.8 32.7 procurement Gross profit 37.8 23.2 25.9 33.1 46.7 26.2 Gross margin 47 % 47 % 47 % 51 % 55 % 44 % Other operating income 0.0 0

  5. Slide 5: Meteorology (MET)

    Meteorology (MET)  Net sales EUR 14.9 (12.0) million, +24 %.  Operating result EUR -3.8 (-3.4) million.  Orders received EUR 14.1 (24.1) million.  Order book EUR 39.6 million.  The operating result declined in Meteorology due to low margins of certain delivery projects. Page 6 / 6.5.2011 / ©Vai

  6. Slide 6: Weather Critical Operations (WCO)

    Weather Critical Operations (WCO)  Net sales EUR 25.4 (23.6) million, +8%.  Operating result EUR -1.0 (-3.2) million.  Orders received EUR 24.9 (29.9) million.  Order book EUR 81.8 million. Page 7 / 6.5.2011 / ©Vaisala

  7. Slide 7: Controlled Environment (CEN)

    Controlled Environment (CEN)  Net sales EUR 18.6 (13.6) million, +36 %.  Organic growth +23%  Operating profit EUR 4.0 (1.4) million.  Orders received EUR 18.2 (14.1) million.  Order book EUR 5.7 million.  All market segments in Controlled Environment grew in the first quarter. Page 8 / 6.5.20

  8. Slide 8: Key figures 1-3/2011

    Key figures 1-3/2011 1-3/2011 1-3/2010 Net sales 58.9 M€ 49.3 M€ (proforma) 50.7 M€ Services net sales 9.2 M€ 6.5 M€ Operating profit -0.9 M€ -6.2 M€ Profit before taxes -2.6 M€ -4.4 M€ Net profit -2.3 M€ -3.3 M€ Capital expenditure 3.1 M€ 14.1 M€ R&D expenditure (of net sales) 11.7% 17.0% Orders re

  9. Slide 9: Orders received and order backlog

    Orders received and order backlog 300 250 200 150 100 50 0 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 /03 /04 /04 /05 /05 /06 /06 /07 /07 /08 /08 /09 /09 /10 /10 Order book M€ Orders received, rolling 12m, M€ Page 10 / 6.5.2011 / ©Vaisala

  10. Slide 10: Net sales

    Net sales 280 260 240 220 200 180 160 140 120 100 80 60 40 20 0 2004 2005 2006 2007 2008 2009 2010 2011 Page 11 / 6.5.2011 / ©Vaisala

  11. Slide 11: Operating profit

    Operating profit 50 40 30 20 10 0 2004 2005 2006 2007 2008 2009 2010 2011 -10 -20 Page 12 / 6.5.2011 / ©Vaisala

  12. Slide 12: Net sales and operating profit, rolling 12 months

    Net sales and operating profit, rolling 12 months 300 250 200 M€ 150 100 50 0 Q4/ Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/ Q4/ Q1/ Q2/ Q3/ Q4/ Q1 Q2 Q3 Q4 Q1 03 04 04 04 04 05 05 05 05 06 06 06 06 07 07 07 07 08 08 08 08 09 09 09 09 /10 /10 /10 /10 /11 Net sales, r

  13. Slide 13: Research and Development

    Research and Development 35  Share of R&D expenses 30 of net sales is expected 25 to decrease in 2011. 20 15 10 5 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Last 12 months R&D costs (M€) % of net sales Page 14 / 6.5.2011 / ©Vaisala

  14. Slide 14: Net sales and average personnel

    Net sales and average personnel 300 1,800 275 250 1,500 225 200 1,200 175 M€ 150 900 125 100 600 75 50 300 25 0 0 06 07 08 09 10 04 05 98 99 00 01 02 03 M LT 20 20 20 20 20 20 20 19 19 20 20 20 20 Net sales Personnel Personnel at the end of the period Page 15 / 6.5.2011 / ©Vaisala

  15. Slide 15: Outlook

    Outlook  Market outlook  Uncertainty in the global economy and shifts in exchange rates are still 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 mostly unchanged in 2011.  Finan

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