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Vaisala changes its financial reporting structure and provides comparative information for 2025 according to new reportable segments
Globenewswire· 2026-03-17 07:00
Core Viewpoint - Vaisala Corporation is restructuring its financial reporting to enhance transparency and provide relevant information on its three business segments starting January 1, 2026 [1] Group 1: Financial Reporting Structure - The new reportable segments will include Industrial Measurements, Xweather, and Weather, Energy, and Environment [1][3] - Previously, the reportable segments were limited to Industrial Measurements and Weather and Environment, with Xweather integrated into the latter [3] Group 2: Xweather Business Area - The Xweather business area has experienced double-digit growth annually since its establishment in 2022, continuing this trend in 2025 due to organic growth and acquisitions [2] - Vaisala aims to further grow the Xweather subscription business, emphasizing the need for increased transparency in reporting [2] Group 3: Financial Metrics and Performance - Vaisala will report Annual Recurring Revenue (ARR) for the Xweather segment, calculated as the average recurring monthly revenue multiplied by twelve [4] - Orders received and order book figures will not be disclosed for the Xweather segment due to its subscription nature [4] Group 4: Corporate and Non-Operative Items - Vaisala will separately report certain corporate and non-operative items, including management costs and one-off costs related to M&A and restructurings [5] - These items will not be included in the results of the three reportable segments [5] Group 5: Business Area Descriptions - The Industrial Measurements business area focuses on advanced measurement instruments for various industries, emphasizing energy efficiency and process optimization [6] - The Xweather business area provides data and solutions to manage weather-related risks, utilizing AI-driven forecasts [7] - The Weather, Energy, and Environment business area delivers critical weather observations to various sectors, including meteorology and renewable energy [8] Group 6: Financial Information for 2025 - The financial information for 2025 will be presented according to the new reporting structure, with unaudited figures except for the group level full year data [9] - Detailed quarterly data for orders received, net sales, gross margin, R&D expenses, EBITA, and operating results for each segment will be provided [11][12][13]