Finance

Vaisala updates its technique and raises long-term monetary

Vaisala Company
Inventory alternate launch
September 21, 2021 at 9:00 a.m. (EEST)

Vaisala updates its technique and raises long-term monetary targets

Vaisala’s Board of Administrators has authorized the corporate’s technique and up to date long-term monetary targets for the subsequent three years.

Vaisala’s technique focuses on driving sustainable progress and world management in climate, environmental, and industrial measurements. Via its merchandise and applied sciences, Vaisala allows business-critical selections and operations for its clients. Thereby, the corporate strongly contributes to fixing world challenges associated to local weather change, useful resource effectivity, and well-being and well being.

Vaisala goals to be market chief within the markets the place it operates. The corporate has recognized 4 drivers for profitable technique implementation:

  • Product and know-how management from sensors to digital options
  • Deep buyer understanding and utility knowhow
  • Scalability in high-mix, low-volume enterprise
  • Engaged and gifted individuals

Lengthy-term monetary targets
Based mostly on the revised strategic aims with raised progress ambition and deal with operational excellence, Vaisala updates its long-term monetary targets. Vaisala’s long-term goal is to realize a mean annual web gross sales progress of seven% and an working outcome margin (EBIT) of 15% throughout the technique interval.

Earlier Vaisala’s goal was worthwhile progress with a mean annual progress exceeding 5% and working outcome margin (EBIT) exceeding 12%.

Vaisala doesn’t think about the long-term monetary targets as market steering for any given 12 months.

Capital Markets Day
Vaisala hosts a Capital Markets Day for analysts and traders on Tuesday, September 21, 2021 to offer deeper info on the corporate’s technique and up to date long-term monetary targets.

The Capital Markets Day webcast will start at 2:00 p.m. EEST and will likely be streamed stay. For digital participation, please register at https://vaisala.videosync.fi/cmd-2021/register prematurely to obtain the participation hyperlink. There is a chance to ask questions in writing through the webcast platform. The recordings of the displays and presentation supplies will likely be accessible on Vaisala’s web site after the occasion. The occasion and supplies are in English.

Further info
Kaarina Muurinen, CFO
Tel. +358 40 577 5066, kaarina.muurinen@vaisala.com

Distribution        
Nasdaq Helsinki
Key media
vaisala.com

Vaisala is a world chief in environmental and industrial measurement. Constructing on over 85 years of expertise, Vaisala gives observations for a greater world. We’re a dependable accomplice for patrons around the globe, providing a complete vary of modern commentary and measurement services. Headquartered in Finland, Vaisala employs over 1,900 professionals worldwide and is listed on the Nasdaq Helsinki inventory alternate. vaisala.com twitter.com/VaisalaGroup

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