Vaisala Oyj Class A · OMXHEX:VAIAS
Vaisala Oyj Class A — Q1 2016 Earnings Presentation
11 slides from Vaisala Oyj Class A's earnings presentation, Apr 26, 2016
Slide 1: Interim Report January–March 2016
2016‐04‐26 Interim Report January–March 2016 Vaisala Corporation April 26, 2016 All-time high Q1 net sales Key Figures Q1/2016 Q1/2015 Change % Orders received, EUR million 64.8 68.9 -6 Order book, EUR million 121.9 137.5 -11 Net sales, EUR million 68.7 58.7 17 Gross margin, % 51.0 44.8 Operating re
Slide 2: Slow order intake in Q1/2016; High net sales brought order book down
2016‐04‐26 Slow order intake in Q1/2016 Orders received EUR 64.8 (68.9) million, -6% 100 The decrease came from EMEA and 90 Americas 80 24.0 70 23.2 Weather Business Area 60 23.6 23.6 EUR 40.9 (45.3) million, -10% 50 23.9 The decrease came from Meteorology 40 Infrastructure and Transportat
Slide 3: All-time high Q1 net sales; Weather net sales boosted by high product deliveries
2016‐04‐26 All-time high Q1 net sales 110 EUR million Q1/2016 Q1/2015 Change % 100 Net sales 68.7 58.7 17 14.5 90 At comparable 80 10.8 67.2 58.7 15 23.1 exchange rates 70 11.6 60 18.6 11.7 10.9 19.7 9.9 50 % of net sales in Q1/2016 40 9.5 30 63.6 45.6 52.3 47.1 20 38.2 17% Products 10 14% 0 Project
Slide 4: Controlled Environment net sales growth across all regions; Exceptional net sales growth in Americas
2016‐04‐26 Controlled Environment net sales growth across all regions, strongest in APAC 25 EUR million Q1/2016 Q1/2015 Change % 2.3 2.6 2.4 2.7 Net sales 24.0 21.5 12 20 2.2 At comparable 23.3 21.5 9 exchange rates 15 % of net sales in Q1/2016 21.0 20.9 22.2 21.3 10 19.3 11% 5 Products Services 0 8
Slide 5: Operating result improved by 6.6 MEUR; Weather reshapes Transportation
2016‐04‐26 Operating result improved by 6.6 MEUR Q1/ Q1/ Change Net sales and operating result 2016 2015 % 110 Net sales, EUR million 68.7 58.7 17 101.1 90 Gross margin, % 51.0 44.8 81.7 70 77.0 Operating expenses, EUR million 33.1 32.2 3 68.7 50 58.7 Operating result, EUR million -1.0 -7.7 Operatin
Slide 6: Weather operating result improved by 6.8 MEUR; Controlled Environment operating result 21% of net sales
2016‐04‐26 Weather operating result improved by 6.8 MEUR Q1/ Q1/ Change Net sales and operating result 2016 2015 % 90 Net sales, EUR million 44.7 37.2 20 80 70 76.6 Gross margin, % 45.8 37.4 60 Operating expenses, EUR million 22.4 22.6 -1 50 58.4 53.3 40 44.7 Operating result, EUR million -1.9 -8.7
Slide 7: Consistent investment in R&D enable world class products; Cash increased year-on-year
2016‐04‐26 Consistent investment in R&D enable world class products 12 R&D expenses were EUR 9.5 10 (8.5) million, 13.9% (14.5%) of 2.8 net sales 8 2.5 2.8 Weather 15.1% (17.0%) of net 2.2 2.0 6 sales Controlled Environment 11.6% 4 (10.1%) of net sales 2 6.3 6.8 6.1 7.5 6.7 0 Q1/15 Q2/15 Q3/15
Slide 8: Earnings per share improved; Market and Business Outlook
2016‐04‐26 Earnings per share improved Q1/2016 Q1/2015 2015 Earnings per share, EUR -0.12 -0.15 1.52 Earnings per share, diluted, EUR -0.12 -0.15 1.51 Equity per share, EUR 9.87 8.51 10.06 Return on equity, % -4.7 -6.9 15.7 Cash flow from operating activities per share, EUR -0.03 0.35 2.15 Solvency
Slide 9: Market Outlook 2016; Business Outlook 2016
2016‐04‐26 Market Outlook 2016 Market outlook for Vaisala is generally stable. However, in many emerging countries situation remains uncertain and this is expected to impact adversely on governmental finances and delay public customers’ decision making. Business opportunities in oil and gas re
Slide 10: Appendixes
2016‐04‐26 Appendixes 2016-4-26 19 Interim Report January-March 2016 Comparative orders received figures for 2015 Vaisala’s ERP version change which was taken into use in the beginning of 2015 enhanced orders received reporting. These enhanced orders received figures are not fully comparable with
Slide 11: Observations for a Better World
2016‐04‐26 Observations for a Better World Page 21 © Vaisala 2016-4-26 Interim Report January-March 2016 11