Vaisala Oyj Class A · OMXHEX:VAIAS
Vaisala Oyj Class A — Q3 2026 Earnings Presentation
17 slides from Vaisala Oyj Class A's earnings presentation, Oct 27, 2026
Slide 1: Excellent quarter with record-high profitability and orders received
Excellent quarter with record-high profitability and Q3 orders received Interim Report January–September 2026 Kai Öistämö, President & CEO Heli Lindfors, CFO
Slide 2: Excellent quarter with record-high profitability and orders received
Excellent quarter with record-high profitability and orders received Orders received Order book Q3/2026 164.6 215.0 • Excellent third quarter of 2026, with record high order intake, solid net sales growth, and very strong profitability (119.6) MEUR +38% (Dec 31, 2025: 185.8) MEUR +16% • Industrial M
Slide 3: Instruments and intelligence for climate action
Instruments and intelligence for climate action MEGATRENDS PURPOSE SUCCESS DRIVERS STRATEGIC PRIORITIES Customer understanding and commercial excellence Energy transition & Expand and Lead in weather decarbonization accelerate in across observations Taking Product and technology leadership industria
Slide 4: Broad-based growth, boosted by AI-driven investments
Industrial Measurements Xweather Weather, Energy and Environment Broad-based growth, boosted by Leading the future of AI-driven Strengthening global leadership in AI-driven investments weather insights weather observations Strong growth across markets and New collaborations with industry leaders The
Slide 5: Financials
Financials Weld waee - : © i- cay — = = —_ _— = ss = — = _ => — _— — — — _ — hea : — i = “ VAISALA
Slide 6: Record high order intake, solid net sales growth, and very strong profitability
Record high order intake, solid net sales growth, and very strong profitability • Orders received increased 38% Y/Y MEUR % 180 30 • Order book EUR 215.0 million, 16% above the level 164.6 162.9 at the end of 2025 160 154.0 24.9% 25 • Order book for 2026 EUR 103.5 million 140 119.6 • ARR EUR 60.9 mil
Slide 7: Industrial Measurements: record-high net sales and profitability
Industrial Measurements: record-high net sales and profitability MEUR % • Orders received increased by 24% Y/Y • Growth in all market segments and regions, particularly 90 in industrial and power markets 77.8 68 80 76.0 • Order book EUR 54.5 million, 30% above the level at 65.8% 64 the end of 2025 7
Slide 8: Xweather: strong growth
Xweather: strong growth MEUR % • Annual recurring revenue EUR 60.9 million, 20 85 9% above the level in Q3/2025 18 15.7 80 • Net sales increased by 9% Y/Y 16 14.4 79.0% 14 75.5% 75 • Driven by the insurance industry and sales to developers and API customers 12 70 10 • Gross margin improved to 79.0 (
Slide 9: Weather, Energy, and Environment: very strong orders received
Weather, Energy, and Environment: very strong orders received MEUR % • Orders received increased by 53% Y/Y 100 54 88.6 • Supported by the EUR 25 million airport weather project in Indonesia 80 79.3 70.9 • Order book EUR 160.5 million, 12% above 46.8% 45.6% 46 the level at the end of 2025 60 58.0 •
Slide 10: Strong cash flow
Strong cash flow • Cash flow from operating activities Change in cash (MEUR) increased to EUR 84.4 (58.9) million in January–September 2026. • Increased net result, tariffs received, and 3.7 16 timing of tax payments 8.4 46.6 • Cash conversion 1.1 in January–September 51.6 2026 57.4 117.2 • Free cas
Slide 11: January–September 2026: 6% net sales growth in constant currencies
January–September 2026: 6% net sales growth in constant currencies • Net sales increased by 4% MEUR 1-9/2026 1-9/2025 2025 (+6% in constant currencies) Net sales 451.4 434.6 596.9 • Operating expenses increased by 5% compared to the Cost of goods sold -185.7 -194.0 -267.2 previous year • Growth-driv
Slide 12: Strong financial position
Strong financial position • Statement of financial position at the end of MEUR 1-9/2026 1-9/2025 2025 September 2026 EUR 623.0 million Equity per share 9.92 8.45 8.99 • Low leverage in the balance sheet Return on equity, % • Cash and cash equivalents totaled EUR 117.2 22.3 18.0 18.8 million (EUR 92.
Slide 13: Market and business outlook
Market and business outlook
Slide 14: Market outlook for 2026
Market outlook for 2026 Industrial Life science Growth Power Markets for Xweather subscription sales Meteorology Stable Aviation Decline Renewable energy Interim Report January–September 2026 October 27, 2026 14
Slide 15: Business outlook for 2026 updated on October 12, 2026
Business outlook for 2026 updated on October 12, 2026 Net sales Vaisala estimates that its full-year 2026 net sales will be in the range of EUR 610–630 million (earlier EUR 600–630 million) Operating result Vaisala estimates that its full-year 2026 EBITA will be in the range of EUR 110–120 million (
Slide 16: Disclaimer
Disclaimer The forward-looking statements in this release are based on the current expectations, known factors, decisions and plans of Vaisala's management. Although the management believes that the expectations reflected in these forward-looking statements are reasonable, there is no assurance that
Slide 17: VAISALA
VAISALA