Vaisala Overcomes Industrial Actions and ERP System Implementation to Maintain Full-Year Outlook Despite Lower Q1 Net Sales

Vaisala releases preliminary Q1/2024 net sales and reaffirms full year 2024 business forecast

On April 11, 2024, at 9:00 a.m. (EEST), Vaisala Group published its preliminary net sales for the first quarter of 2024. The global leader in measurement instruments and intelligence for climate action announced that its net sales for the first quarter totaled EUR 112 million, despite facing challenges such as industrial actions in Finland and the implementation of a new ERP system.

Despite these obstacles, Vaisala’s net sales for the first quarter were lower compared to the previous year. As a result, the company expects the operating result (EBIT) for the first quarter to be significantly lower than in the same period last year. However, Vaisala maintains its full-year 2024 business outlook, with estimated net sales between EUR 530-570 million and an operating result (EBIT) between EUR 63-78 million.

Vaisala is committed to providing customers with devices and data that improve resource efficiency, drive energy transition, and enhance safety and well-being worldwide. With over 90 years of innovation and expertise, Vaisala has a team of over 2,300 experts dedicated to sustainable practices. The company’s series A shares are listed on the Nasdaq Helsinki stock exchange. For more information about Vaisala or to request an interview with Paula Liimatta at +358 9 8949 2020 or ir@vaisala.com or visit vaisala.com for key media updates.

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