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
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Q3 2024 Vaisala Oyj Earnings Call Transcript

Oct 24, 2024 / 10:00AM GMT
Release Date Price: €46 (-4.76%)
Kai Ã;istÃ;mÃ;Vaisala Oyj;President;CEO

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Welcome to Vaisala's third quarter results call. I am here with our Chief Financial Officer Heli Lindfors, now I'm confused. Let's restart. I'm joined here with our Chief Financial Officer Heli Lindfors head of IR and our chair.

When we look at the third quarter numbers, as the headline said, it was a solid quarter with a very strong orders received.

If you dive into the kind of headline and headline numbers, the net sales grew by 5% year on year, I'll go into more detail obviously in where that came from and how it was split between the different business areas. Orders received grew strongly 26 percent resulting in record high order book and if you compare the order book to the same time previous year, it's actually up 28 percent on the back of the Spanish big radar order, but also contributed by other things and very happy to see also the development on industrial measurements side, the operating margin result was on a very good level as well. 17.7% somewhat down from

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