Slide 1: Mixed second quarter – growth in Industrial Measurements and decline in renewable energy business
Q2 Mixed second quarter– growth in Industrial Measurements and decline in renewable energy business Half Year Financial Report January–June 2025 Kai Öistämö, President and CEO
Slide 2: Mixed second quarter – growth in Industrial Measurements and decline in renewable energy business
Mixed second quarter – growth in Industrial Measurements and decline in renewable energy business Net sales Order book Q2/2025 145.0 200.9 • Strong growth continued in Industrial Measurements (148.4) MEUR -2% (Dec 31, 2024: 215.0) MEUR -7% • Weather and Environment suffered from slowdown in the rene
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: Financials
Financials VAISALA
Slide 5: Vaisala order intake decreased despite strong demand in Industrial Measurements
Vaisala order intake decreased despite of strong demand in Industrial Measurements • Orders received decreased 16% Y/Y MEUR Orders received, net sales and EBITA% % • Order book EUR 200.9 million, 7% below the 180 20 level at the end of 2024 (EUR 215.0 million) 160 147.2 17.1% 145.0 18 148.4 16 • Ord
Slide 6: Industrial Measurements: Growth continued in all geographical areas and market segments
Industrial Measurements: Growth continued in all geographical areas and market segments MEUR % • Orders received increased by 10% Y/Y 66 70 • Net sales increased by 10% Y/Y 64 62.7 66 • Growth driven by Americas 64.0% 62.0 62 • All market segments grew 62.8% 62 60 • Gross margin decreased slightly t
Slide 7: Weather and Environment: Weak demand in renewable energy market
Weather and Environment: Weak demand in renewable energy market MEUR % • Orders received decreased by 32% Y/Y 120 70 compared to the high level in Q2/2024 • Order book 7% below the level at the end of 100 90.3 91.9 62 2024 83.0 80 • Net sales decreased by 10% Y/Y (organic 52.7% 54 decline 14%) 61.5
Slide 8: Cash flow continued on good level
Cash flow continued on good level • Cash flow from operating activities Change in cash (MEUR) increased to EUR 33.1 (24.8) million, mainly a result of increased net result 5.9 22.3 • Net working capital improved following the 26.6 collection of trade receivables, partly offset 11 by increase in inve
Slide 9: H1/2025 EBITA margin increased to 14.3%
H1/2025 EBITA margin increased to 14.3% • Orders received decreased by 9% Y/Y MEUR 1-6/2025 1-6/2024 2024 • Net sales grew by 8% Y/Y Net sales 280.6 260.5 564.6 • Subscription sales up by 58 % boosted by WeatherDesk and Speedwell Climate Cost of goods sold -123.8 -115.2 -246.5 acquisitions Gross pro
Slide 10: Strong financial position
Strong financial position • Low leverage in the balance sheet MEUR 1-6/2025 1-6/2024 2024 • Asset light business model Equity per share 7.99 7.27 8.50 • 2024 dividends (EUR 0.85 per Return on equity, % 15.3 17.4 22.1 outstanding share) were paid in April 2025 Solvency ratio, % 52.2 61.0 52.4 • Inves
Slide 11: Market and business outlook
Market and business outlook
Slide 12: Market outlook for 2025
Market outlook for 2025 Industrial Growth Life science Power Stable Roads Renewable energy Decline Meteorology Aviation Half Year Financial Report January-June 2025 Jul 25, 2025 12
Slide 13: Business outlook for 2025 – estimate ranges specified
Business outlook for 2025 – estimate ranges specified Net sales Vaisala estimates that its full-year 2025 net sales will be in the range of EUR 590–605 million (earlier EUR 590–620 million). Operating result Vaisala estimates that its full-year 2025 EBITA will be in the range of EUR 90–100 million (
Slide 14: VAISALA
VAISALA