Q4 2023 Vaisala Oyj Earnings Call Transcript
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All right, this is Kai Ãistämö, and welcome to Vaisala's fourth-quarter 2022 operating result call. I'm joined here with our Chairman of the Board, Ville Voipio; our CFO, Heli Lindfors; and our head of IR, Paula Liimatta. And I am Kai Ãistämö, I'm the President and CEO of the company. So welcome, everybody.
If we look at the fourth quarter 2023, it really was characterized by a strong order intake. If we look at year-on-year-wise, the orders were up 14%, and really driven by a very strong performance on weather and environment side. Also, the operating result margin was up from the comparison period from the previous year and cash flow activities continued strong.
Let me dive deeper into the numbers. But before I do that, let's look at the highlights for the entire year. There are many other things than just delivering the numbers for a company to really ensure the competitiveness in the long term. We successfully continued renewing our
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