Slide 1: Strong sales and profitability in the third quarter
Q3 Strong sales and profitability in the third quarter Interim Report January–September 2025 Kai Öistämö, President and CEO
Slide 2: Strong sales and profitability in the third quarter
Strong sales and profitability in the third quarter Net sales Order book Q3/2025 • Net sales increased in both business areas 154.0 180.4 • We maintained solid profitability • 18.2% EBITA margin, 20% excluding EUR 3.0 (136.6) MEUR +13% (Dec 31, 2024: 215.0) million restructuring costs MEUR -16% • De
Slide 3: Pioneering in product innovation and technology leadership – recent launches
Pioneering in product innovation and technology leadership – recent launches Vaisala Circular Xweather hail forecasts WindCube 2.1 XP A new service product: probe New advanced hail forecast The new evolution of the recalibration and reuse service alerts, enabling automated world’s leading wind lidar
Slide 4: Financials
Financials VAISALA
Slide 5: Strong growth in net sales, with increase in both business areas
Strong growth in net sales, with increase in both business areas • Orders received decreased 21% Y/Y MEUR Orders received, net sales and EBITA% % • Order book EUR 180.4 million, 16% below the 180 18.9% 18.2% 20 level at the end of 2024 (EUR 215.0 million) 160 150.8 154.0 18 136.6 16 • Order book for
Slide 6: Industrial Measurements: yet another strong quarter with positive results across all market segments
Industrial Measurements: yet another strong quarter with positive results across all market segments MEUR % • Orders received increased by 9% Y/Y 70 70 61.5 60.7 • Net sales increased by 6% Y/Y, by 10% in 60 56.3 57.4 constant currencies 66 50 • Growth driven by APAC 63.1% 62 • Depreciation of USD a
Slide 7: Weather and Environment: Solid quarter in net sales driven by large project deliveries and subscription sales
Weather and Environment: Solid quarter in net sales driven by large project deliveries and subscription sales MEUR % • Orders received decreased by 39% Y/Y 120 70 • Very strong decline in the renewable energy market as well as in the aviation and meteorology markets 100 94.4 93.3 against a strong co
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 58.9 (50.0) million, mainly a result of improved net working capital 2.6 following especially the collection of trade 27.2 receivables. 42.0 18 • Cash conversion 1.0 41.5 40.5 • Free cash f
Slide 9: Both net sales and profitability improved in January–September 2025
Both net sales and profitability improved in January–September 2025 • Orders received decreased by 13% Y/Y MEUR 1-9/2025 1-9/2024 2024 • Net sales grew by 9% Y/Y Net sales 434.6 397.1 564.6 • Subscription sales up by 58 % boosted by WeatherDesk and Speedwell Climate acquisitions Cost of goods sold -
Slide 10: Strong financial position
Strong financial position • Low leverage in the balance sheet MEUR 1-9/2025 1-9/2024 2024 • Asset light business model Equity per share 8.45 7.73 8.50 • 2024 dividends (EUR 0.85 per outstanding share) were paid in April Return on equity, % 18.0 20.6 22.1 2025 Solvency ratio, % 52.8 61.9 52.4 • Const
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 Interim Report January-September 2025 Oct 23, 2025 12
Slide 13: 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 590–605 million. Operating result Vaisala estimates that its full-year 2025 EBITA will be in the range of EUR 90–100 million. Business outlook excludes potential significant changes in
Slide 14: VAISALA
VAISALA