Fourth quarter 2023 highlights
- Orders received EUR 147.1 (129.1) million, increase 14%
- Order book at the end of the period EUR 172.5 (154.6) million, increase 12%
- Net sales EUR 147.4 (141.6) million, increase 4%
- Operating result (EBIT) EUR 16.3 (12.6) million, 11.0 (8.9) % of net sales
- Earnings per share EUR 0.36 (0.25)
- Cash flow from operating activities EUR 29.5 (22.7) million
January–December 2023 highlights
- Orders received EUR 528.1 (500.8) million, increase 5%
- Net sales EUR 540.4 (514.2) million, increase 5%
- Operating result (EBIT) EUR 66.6 (62.5) million, 12.3 (12.2) % of net sales
- Earnings per share EUR 1.35 (1.24)
- Cash flow from operating activities EUR 83.8 (29.8) million
- The Board proposes a dividend of EUR 0.75 (0.72) per share
Business outlook for 2024
Vaisala estimates that its full-year 2024 net sales will be in the range of EUR 530–570 million and its operating result (EBIT) will be in the range of EUR 63–78 million.
Stark order intake, men lönsamheten kan bli ännu bättre. Gross margin förbättrades till 54,3%. Subscription sales växte kraftigt. Industriella sidan var svag medan väder och mätning växte väl. Kassaflödet var även starkt. Summa sumarum är jag nöjd, även om guidancen var inte helt så starkt som man förväntat sig.