Vaisala Oyj Class A · OMXHEX:VAIAS
Vaisala Oyj Class A — Q1 2025 Earnings Presentation
15 slides from Vaisala Oyj Class A's earnings presentation, Apr 24, 2025
Slide 1: Strong start of the year amid increasing market uncertainty
Strong start of the year amid increasing Q1 market uncertainty Interim Report January–March 2025 Kai Öistämö, President and CEO
Slide 2: Strong start of the year amid increasing market uncertainty
Strong start of the year amid increasing market uncertainty Net sales Order book Q1/2025 135.6 212.5 • Uncertainty in the market environment (112.1) MEUR +21% (Dec 31, 2024: 215.0) • Both net sales and profitability improved MEUR -1% • Excellent performance in Industrial Measurements • We continued
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: We execute our strategy by driving climate and societal resilience
We execute our strategy by driving climate and societal resilience across a variety of industries Securing critical buildings such WeatherDesk now integrated Weather radar and lightning as data centers to Xweather detection networks to Greece Continuing to drive growth Strengthening leadership in Mo
Slide 5: Financials
Financials VAISALA
Slide 6: Strong start for the year despite uncertainty in the market environment
Strong start for the year despite uncertainty in the market environment • Orders received close to the previous year’s MEUR Orders received, net sales and EBITA% % level 180 20 • Order book EUR 212.5 million, close to the 160 18 level at the end of 2024 140 135.6 15.1% 16 123.3 121.4 14 • Order book
Slide 7: Industrial Measurements: Positive development across all regions and segments
Industrial Measurements: Positive development across all regions and segments MEUR % • Orders received increased by 17% Y/Y 70 70 60.4 59.7 • Order book close to the level at the end of 60 2024 51.7 66 50 48.0 64.4% • Net sales increased by 24% Y/Y 62 40 • Gross margin improved following net sales g
Slide 8: Weather and Environment: We continued to deliver on our strong order book
Weather and Environment: We continued to deliver on our strong order book MEUR % • Orders received decreased by 15% Y/Y 120 60.0 • Order book close to the level at the end of 2024 100 56.0 • Net sales increased by 18% Y/Y (organic 80 75.9 growth 11 %) 71.5 64.1 61.1 • Growth driven mainly by large o
Slide 9: Cash flow continued on good level
Cash flow continued on good level • Cash flow from operating activities Change in cash (MEUR) increased to EUR 18.7 (17.1) million, mainly a result of increased net result 9.8 16.1 • Net working capital improved following the 13.3 4.9 1.9 collection of trade receivables, partly off-set 11.9 100.8 by
Slide 10: Q1/2025 operating result margin 13%
Q1/2025 operating result margin 13% • Orders received close to the previous MEUR 1-3/2025 1-3/2024 2024 year’s level Net sales 135.6 112.1 564.6 • Net sales grew by 21% • Organic net sales growth 17% Cost of goods sold -57.8 -51.4 -246.5 • Gross margin improved to 57.3 (54.2) % Gross profit 77.8 60.
Slide 11: Strong financial position
Strong financial position • Low leverage in the balance sheet MEUR 1-3/2025 1-3/2024 2024 • Asset light business model Equity per share 7.87 6.76 8.50 • Dividend liability EUR 30.9 million Return on equity, % 16.0 8.0 22.1 • 2024 dividends (EUR 0.85 per outstanding share) were paid in April 2025 Sol
Slide 12: Market and business outlook
Market and business outlook
Slide 13: Market outlook for 2025
Market outlook for 2025 Industrial Growth Life science Power Meteorology Stable Aviation Roads Renewable energy Decline Interim Report January-March 2025 Apr 24, 2025 13
Slide 14: 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. Operating result Vaisala estimates that its full-year 2025 EBITA will be in the range of EUR 90–105 million. Business outlook excludes potential significant changes in
Slide 15: VAISALA
VAISALA