Vaisala Corporation
inside information
April 11, 2024, 9:00 a.m. (EEST)
Inside News: Vaisala Announces Preliminary Net Sales for Q1 2024 and Reiterates Business Outlook for Full Year 2024
Vaisala's preliminary net sales for the January to March 2024 period were €112 million (€132 million).
Market activity in the first quarter continued at the same level as in the second half of 2023, as originally expected. The industrial action in Finland and the simultaneous implementation of a new ERP (enterprise resource planning) system had a negative impact on Vaisala's first quarter net sales. First quarter operating results (EBIT) are expected to be significantly lower compared to the same period last year due to lower net sales.
Despite the weak first quarter, Vaisala reiterates its full-year 2024 guidance announced on February 14, 2024. Vaisala expects full-year 2024 net sales to be in the range of 530 million to 570 million euros. Results (EBIT) are expected to be in the range of EUR 63 million to EUR 78 million.
Vaisala plans to publish its interim report for the period January to March 2024 on May 3, 2024.
For more information
Paula Liematta
+358 9 8949 2020, ir@vaisala.com
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Nasdaq Helsinki
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Vaisala.com
Vaisala is a global leader in instrumentation and intelligence for climate action. We provide our customers with devices and data that improve resource efficiency, advance the energy transition, and care for the safety and well-being of people and societies around the world. With nearly 90 years of innovation and expertise, we have a team of more than 2,300 professionals dedicated to doing everything we can for the planet. Vaisala Series A shares are listed on the Nasdaq Helsinki Stock Exchange. Vaisala.com
