Vaisala Oyj Class A · OMXHEX:VAIAS

Vaisala Oyj Class A — Q3 2011 Earnings Presentation

17 slides from Vaisala Oyj Class A's earnings presentation, Nov 4, 2011

  1. Slide 1: Result January-September 2011

    Result January-September 2011 Vaisala Group November 4, 2011

  2. Slide 2: Overview of third quarter 2011

    Overview of third quarter 2011  Orders received: EUR 79.5 (65.5) million, increase 21%.  Net sales EUR 62.6 (64.7) million, decrease 3%.  Operating result EUR 0.9 (6.4) million.  Earnings per share EUR 0.11 (0.16). Page 2 / 4.11.2011 / ©Vaisala

  3. Slide 3: Overview January – September 2011

    Overview January – September 2011  Orders received: EUR 191.3 (197.4) million, decrease 3%.  Net sales EUR 183.3 (168.7) million, increase 9%. Net sales increase 8% compared to proforma* net sales in January- September 2010.  Operating result EUR 3.1 (-4.7) million.  Earnings per share EUR 0.08

  4. Slide 4: Net sales by regions

    Net sales by regions EMEA APAC 31% 28% Mill. EUR 2011 2010 Change 1-9 1-9 Americas 76.4 67.4 +13% * EMEA 56.2 57.1 -2% APAC 50.8 44.1 +15% Americas 42% * Organic growth in Americas of combined Vaisala and Veriteq was 11%. Page 4 / 4.11.2011 / ©Vaisala

  5. Slide 5: Performance by Quarter

    Performance by Quarter 1-3 4-6 7-9 10-12 1-3 4-6 7-9 2010 2010 2010 2010 2011 2011 2011 Net sales 49.3 54.7 64.7 84.5 58.9 61.9 62.6 Cost of production and 26.0 28.9 31.6 37.8 32.7 31.0 34.3 procurement Gross profit 23.2 25.9 33.1 46.7 26.2 30.9 28.3 Gross margin 47% 47% 51% 55% 44% 50% 45% Other op

  6. Slide 6: Meteorology (MET)

    Meteorology (MET)  Net sales EUR 44.9 (49.6) million, -9.5%.  Operating result EUR -5.9 (-2.9) million.  Orders received EUR 47.0 (55.7) million.  Order book EUR 42.7 million. Page 6 / 4.11.2011 / ©Vaisala

  7. Slide 7: Weather Critical Operations (WCO)

    Weather Critical Operations (WCO)  Net sales EUR 85.1 (74.5) million, +14.3%.  Operating result EUR 1.8 (-6.6) million.  Orders received EUR 91.5 (94.5) million.  Order book EUR 88.7 million. Page 7 / 4.11.2011 / ©Vaisala

  8. Slide 8: Controlled Environment (CEN)

    Controlled Environment (CEN)  Net sales EUR 53.3 (44.6) million, +19.6%.  Organic growth +15.9%  Operating profit EUR 8.7 (6.0) million.  Orders received EUR 52.8 (47.1) million.  Order book EUR 5.5 million. Page 8 / 4.11.2011 / ©Vaisala

  9. Slide 9: Key figures 1-9/2011

    Key figures 1-9/2011 1-9/2011 1-9/2010 Net sales 183.3 M€ 168.7 M€ (proforma) 170.1 M€ Services net sales 29.0 M€ 22.2 M€ Operating result 3.1 M€ -4.7M€ Result before taxes 2.2 M€ -3.4M€ Net result 1.4 M€ -1.9 M€ Capital expenditure 12.8 M€ 23.6 M€ R&D expenditure (of net sales) 11.1% 14.3% Orders r

  10. Slide 10: Orders received and order backlog

    Orders received and order backlog 300 250 200 150 100 50 0 Q1 /05 Q2 /05 Q3 /05 Q4 /05 Q1/06 Q2 /06 Q3 /06 Q4 /06 Q1 /07 Q2 /07 Q3 /07 Q4 /07 Q1 /08 Q2 /08 Q3 /08 Q4 /08 Q1 /09 Q2 /09 Q3 /09 Q4 /09 Q1 /10 Q2 /10 Q3 /10 Q4 /10 Q1 /11 Q2 /11 Q3 /11 Order book M€ Orders received, rolling 12m, M€ Page 1

  11. Slide 11: 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 / 4.11.2011 / ©Vaisala

  12. Slide 12: Operating profit

    Operating profit 50 40 30 20 10 0 2004 2005 2006 2007 2008 2009 2010 2011 -10 -20 Page 12 / 4.11.2011 / ©Vaisala

  13. Slide 13: 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/ Q2/ Q4/ Q2/ Q4/ Q2/ Q4/ Q2/ Q4/ Q2/ Q4/ Q2/ Q4/ Q2 Q4 Q2 03 04 04 05 05 06 06 07 07 08 08 09 09 /10 /10 /11 Net sales, rolling 12m Operating profit, rolling 12m Page 13 / 4.11.2011 / ©Vaisala

  14. Slide 14: Research and Development

    Research and Development 35  Share of R&D 30 expenses of net sales is expected to 25 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 / 4.11.2011 / ©Vaisala

  15. Slide 15: 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 98 99 00 01 02 03 04 05 06 07 08 09 10 M LT 19 19 20 20 20 20 20 20 20 20 20 20 20 Net sales Personnel Personnel at the end of the period Page 15 / 4.11.2011 / ©Vaisala

  16. Slide 16: Outlook

    Outlook Market outlook Current increased uncertainty in the global economy and shifts in exchange rates are expected to affect all Vaisala’s business areas. However, based on Vaisala's technology and the structure of Vaisala's customer base, the company's competitive position is expected to remain

  17. Slide 17: Thank you

    Thank you Page 17 / 4.11.2011 / ©Vaisala

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