Slide 1: Excellent fourth quarter as market gradually improved
Excellent fourth quarter as market gradually improved Q4 Financial Statement Release January–December 2024 Kai Öistämö, President and CEO 2024
Slide 2: Excellent fourth quarter as market gradually improved
Excellent fourth quarter as market gradually improved Net sales Order book Q4/2024 167.5 215.0 • Orders received close to a record-high level (147.4) MEUR +14% (172.5) MEUR +25% • Strong net sales growth in both business areas • EBIT margin improved to 16.7% Orders received Operating result • Three
Slide 3: Instruments and intelligence for climate action
Instruments and intelligence for climate action MEGATRENDS PURPOSE SUCCESS DRIVERS STRATEGIC PRIORITIES Customer understanding and application know-how Energy transition Grow in industrial Expand in energy & decarbonization measurements transition and Taking with breakthrough build recurring Product
Slide 4: 2024 highlights of technology leadership for climate action
2024 highlights of technology leadership for climate action Acquisitions to Building of new 18 accelerate growth automated logistics in weather data and center in Finland energy transition. initiated. weather radars to the State Meteorological Agency of Spain New purpose: 28 TIME recognition: World’
Slide 5: Financials
Financials VAISALA
Slide 6: Excellent operating result margin 16.7%
Excellent operating result margin 16.7% • Orders received close to previous year’s MEUR Net sales and EBIT% % level 180 20.0 167.5 • Order book EUR 215.0 million, up 25% 160 147.1 147.4 144.5 18.0 16.7% compared to end of 2023 140 16.0 14.0 • Order book for 2025 EUR 164.6 million 120 12.0 • Net sale
Slide 7: Industrial Measurements: Strong net sales growth
Industrial Measurements: Strong net sales growth MEUR % • Orders received increased by 6% Y/Y 70 70 63.1 64.6 • Order book up by 5% compared to end of 60 59.4 57.6 2023 66 50 • Net sales increased by 12% Y/Y 62 40 61.6% • Gross margin improved following net sales 60.7% growth 30 58 • EBIT% 21.2 (15.
Slide 8: Weather and Environment: Strong performance continued
Weather and Environment: Strong performance continued MEUR % • Orders received decreased compared to 120 60 comparison period with a large aviation 103.0 order 100 87.7 89.8 56 81.4 • Order book up by 30% compared to end of 80 2023 53.1% • Net sales increased by 15% Y/Y 60 52 • Growth driven mainly
Slide 9: Cash flow continued on good level
Cash flow continued on good level • Cash flow from operating activities Change in cash (MEUR) decreased to EUR 78.9 (83.8) million despite increase in net result • Increase in net working capital mainly due to 10.7 sales growth 17.3 43.1 • Dividend payment of EUR 27.2 million • Early EUR 15 million
Slide 10: Full-year operating result margin 15%
Full-year operating result margin 15% • Orders received grew by 7% 1-12/2024 1-12/2023 • Net sales grew by 4% Net sales 564.6 540.4 • Gross margin improved to 56.3 Cost of goods sold -246.5 -238.8 (55.8) % Gross profit 318.1 301.7 • EBIT % 14.7 (12.3) Operating expenses -235.8 -235.9 • Operating exp
Slide 11: Dividend development 2015–2024
Dividend development 2015–2024 EUR 1.20 1.00 0.80 0.50 0.60 0.40 0.85 0.68 0.72 0.75 0.55 0.58 0.61 0.61 0.45 0.48 0.50 0.20 0.00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 *2024 Dividend Additional dividend * Boards’ proposal All dividends have been adjusted to reflect increased number of sh
Slide 12: Strong financial position
Strong financial position • Low leverage in the balance sheet MEUR 1-12/2024 1-12/2023 • Asset light business model Equity per share 8.50 7.39 • Investment in Automated logistic Return on equity, % 22.1 18.9 center in Vantaa, Finland, progressing according to plan Solvency ratio, % 52.4 61.3 • Acqui
Slide 13: Market and business outlook
Market and business outlook
Slide 14: Market outlook for 2025
Market outlook for 2025 Industrial Growth Life science Power Meteorology Stable Aviation Roads Renewable energy Financial Statement Release January-December 2024 Feb 18, 2025 14
Slide 15: Business outlook for 2025
Business outlook for 2025 Net sales Vaisala estimates that its full-year 2025 net sales will be in the range of EUR 590–620 million (2024: 565). Operating result Vaisala estimates that its full-year 2025 EBITA will be in the range of EUR 90–105 million (2024:90). Business outlook excludes potential
Slide 16: VAISALA
VAISALA