Vaisala Oyj (LTS:0GEG)
€ 47.35 1.1 (2.38%) Market Cap: 1.75 Bil Enterprise Value: 1.71 Bil PE Ratio: 31.89 PB Ratio: 6.23 GF Score: 96/100

Q1 2023 Vaisala Oyj Earnings Call Transcript

May 05, 2023 / 11:00AM GMT
Release Date Price: €40.12 (+2.63%)
Operator

Good day, and welcome to today's Vaisala First Quarter 2023 Conference Call. At this time, I'd like to hand the call over to Kai Oistamo, CEO. Please go ahead, sir.

Kai Olavi Oistamo
Vaisala Oyj - President & CEO

Thank you. This is Kai Oistamo. I'm the CEO and -- President and CEO of Vaisala. I am joined here with our CFO, Kaarina Muurinen; our Chairman of the Board, Ville Voipio; and our Head of IR, Paula Liimatta. I would like to welcome everybody on this call on Vaisala's first quarter. Vaisala's first -- start of the year was characterized by strong demand, and this all despite the market activity remaining high -- the market activity remained high despite all the uncertainties in the marketplace and in the business environment overall. I would like to remind you all on the reported numbers now in orders received, and in order book that we, as we announced earlier.

As of the beginning of 2023, we changed our reporting so that Weather and Environment's business area -- Weather and Environment business area's subscription sales are excluded from

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