Core Insights - Vaisala Corporation reported strong sales and profitability in the third quarter of 2025, despite a decline in order intake [11][12] - The company anticipates full-year 2025 net sales to be between EUR 590–605 million and EBITA between EUR 90–100 million, reflecting a strategic shift from EBIT to EBITA in its financial outlook [4][17] Third Quarter 2025 Performance - Orders received amounted to EUR 119.6 million, a decrease of 21% year-on-year, while the order book stood at EUR 180.4 million, down 18% [7][9] - Net sales reached EUR 154.0 million, representing a 13% increase compared to the same period last year, with a 16% growth in constant currencies [9][12] - EBITA was reported at EUR 28.0 million, with a margin of 18.2% of net sales, while the operating result (EBIT) was EUR 25.7 million, accounting for 16.7% of net sales [9][10] January–September 2025 Overview - Total orders received for the first nine months were EUR 365.2 million, down 13% from the previous year, while net sales increased by 9% to EUR 434.6 million [9][10] - EBITA for the period was EUR 68.0 million, representing 15.7% of net sales, and the operating result (EBIT) was EUR 60.5 million, or 13.9% of net sales [9][10] Market Outlook - The industrial, life science, and power markets showed growth in the first three quarters, with expectations for continued development, although uncertainty remains [5][17] - Mature market segments such as meteorology and aviation are projected to decline, while the renewable energy market is expected to face challenges due to a slowdown in new projects [6][17] Business Segment Performance - The Industrial Measurements segment reported a 9% increase in orders received, with strong growth in the EMEA and APAC regions [13] - The Weather and Environment segment experienced an 18% increase in net sales, driven by large project deliveries and subscription sales, despite facing weak demand in the renewable energy market [14][16] Strategic Developments - The company acquired Quanterra Systems to enhance its capabilities in atmospheric monitoring of CO2 fluxes [15] - Subscription sales in the Xweather business grew by 57% in the third quarter, contributing positively to profitability [16]

Core Insights - Vaisala Corporation reported mixed results for the second quarter of 2025, with growth in the Industrial Measurements segment but a decline in the renewable energy business [1][11][12] Financial Performance - In Q2 2025, orders received decreased by 16% to EUR 124.1 million compared to EUR 147.2 million in Q2 2024 [8][9] - The order book at the end of Q2 2025 was EUR 200.9 million, an increase of 2% from EUR 196.9 million in Q2 2024 [8][9] - Net sales for Q2 2025 were EUR 145.0 million, down 2% from EUR 148.4 million in Q2 2024 [8][9] - EBITA for Q2 2025 was EUR 19.6 million, representing a margin of 13.5% of net sales, compared to EUR 25.4 million and 17.1% in Q2 2024 [8][9][10] - Cash flow from operating activities increased significantly to EUR 14.4 million from EUR 7.7 million in Q2 2024 [10] Business Segments - The Industrial Measurements segment showed strong performance with a 10% increase in net sales, driven primarily by growth in the Americas region [11][13] - The Weather and Environment segment faced challenges due to weak demand in the renewable energy market, leading to decreased order intake and net sales [12][14] - Subscription sales in the Xweather business increased by 53% in Q2 2025, bolstered by acquisitions and organic growth [15] Market Outlook - The overall market for industrial, life science, and power sectors is expected to continue growing, while more mature segments like meteorology and aviation are anticipated to decline [6][7] - The renewable energy market is projected to decline due to a slowdown in new wind energy projects, with full-year net sales expected to be about EUR 15 million below the previous year [16][17] - Vaisala has adjusted its full-year 2025 net sales estimate to a range of EUR 590–605 million and EBITA to EUR 90–100 million, reflecting market uncertainties [4][18]