Vaisala Oyj (0GEG) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.717 Hello and welcome to Vaisalas third quarter results call. 00:00:04.717 -- 00:00:09.584 I'm Niina Alaluopa from Vaisalas Investor Relations and today with me in this call are 00:00:09.584 -- 00:00:14.391 President and CEO Kai Östämä and CFO Heli Lindfors. 00:00:14.391 -- 00:00:19.658 And like always, first Kai will present the results and then we have time for 00:00:19.658 -- 00:00:21.658 questions. 00:00:22.281 -- 00:00:26.545 Hello and welcome everybody from my side as well. 00:00:26.575 -- 00:00:31.780 Vaisala had a good third quarter, strong sales and profitability as the headline 00:00:31.780 -- 00:00:36.806 says. So let's dive a little bit deeper. Where did it come from and 00:00:36.806 -- 00:00:42.331 what are the details behind? So first notion, the 00:00:42.331 -- 00:00:45.633 net sales growth was strong, 13% 00:00:45.995 -- 00:00:48.117 in reported currency, 00:00:48.117 -- 00:00:54.250 which can be characterized really as strong sales in a quarter. 00:00:54.250 -- 00:00:59.601 The orders received simultaneously declined by 21% and 00:00:59.828 -- 00:01:04.035 leading into a decline in the order book. 00:01:04.122 -- 00:01:05.584 Whilst 00:01:05.584 -- 00:01:10.950 when going back to the financial performance, we maintain a very solid profitability, 00:01:10.950 -- 00:01:12.492 18.2% 00:01:12.492 -- 00:01:16.477 EBITDA margin. And if I exclude extraordinary 00:01:16.477 -- 00:01:22.104 items due to the restructuring and so on, actually the EBITDA margin was 20%, 00:01:22.104 -- 00:01:27.130 which I think is all time high for us in terms of an EBITDA margin, 00:01:27.130 -- 00:01:29.791 if I recall right. 00:01:30.093 -- 00:01:35.384 Really happy on industrial measurements on the demand picture and now clearly 00:01:35.384 ...