Jul 25, 2024 / 10:30AM GMT
Kai Oistamo - Vaisala Oyj - Chairman of the Management Group, President, Chief Executive Officer
Welcome to Vaisala by annual JanuaryâJune and second quarter report. I am Kai Ãistämö, President and CEO, and I'm joined here with Heli Lindfors, our CFO and Paula Liimatta, our Head of IR. The second quarter was characterized by strong growth in terms of orders received and net sales and good profitability. If we look at more in to the numbers. First, a first notion is that both business areas performed well after the slow start that we had in the year, especially on the Industrial Measurement side.
We grew net sales by 13% year-on-year, the order book grew by 14% when we compared to the order book that we had in the beginning of the year. And then orders received grew likewise by 14%. This all resulted in operating margin being 15.9% on a very good level, especially given it is second quarter for our somewhat cyclical business. On it more qualitatively, I would say that the Industrial Measurement, it was great to be seeing that backbone growth. I'll go more into the details in a little while on
Half Year 2024 Vaisala Oyj Earnings Call Transcript
Jul 25, 2024
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