Vaisala Corporation Half Year Financial Report January–June 2025: Mixed second quarter – growth in Industrial Measurements and decline in renewable energy business
Vaisala Corporation Half Year Financial Report July 25, 2025, at 9:00 a.m. (EEST)
Vaisala Corporation Half Year Financial Report January–June 2025: Mixed second quarter, growth in Industrial Measurements and decline in renewable energy business
This release is a summary of Vaisala's Half Year Financial Report January–June 2025. The complete report is attached to this release as a pdf file. It is also available on the company website at www.vaisala.com/investors.
Second quarter 2025:
Orders received EUR 124.1 (147.2) million, decrease 16%
Order book at the end of the period EUR 200.9 (196.9) million, increase 2%
Net sales EUR 145.0 (148.4) million, decrease 2%
EBITA EUR 19.6 (25.4) million, 13.5 (17.1) % of net sales
Operating result (EBIT) EUR 16.9 (23.7) million, 11.7 (15.9) % of net sales
Earnings per share EUR 0.30 (0.49)
Cash flow from operating activities EUR 14.4 (7.7) million
January–June 2025:
Orders received EUR 245.6 (270.5) million, decrease 9%
Net sales EUR 280.6 (260.5) million, increase 8%
EBITA EUR 40.0 (34.2) million, 14.3 (13.1) % of net sales
Operating result (EBIT) EUR 34.8 (30.8) million, 12.4 (11.8) % of net sales
Earnings per share EUR 0.63 (0.64)
Cash flow from operating activities EUR 33.1 (24.8) million
Business outlook for 2025, estimate ranges specified
Vaisala estimates, excluding potential significant changes in market conditions, that its full-year 2025 net sales will be in the range of EUR 590–605 million and its EBITA will be in the range of EUR 90–100 million.
Earlier, Vaisala estimated, excluding potential significant changes in market conditions, that its full-year 2025 net sales would be in the range of EUR 590–620 million and its EBITA would be in the range of EUR 90–105 million.
As of 2025, in its outlook, Vaisala has changed EBIT to EBITA to align with its long-term financial targets.
Market outlook for 2025
Markets for industrial, life science, and power grew during the first half of the year. Similar development is expected during the rest of the year. However, the market environment remains uncertain, affecting the predictability of these market segments' development.
More mature market segments, meteorology, and aviation, are expected to decline compared to exceptionally high levels in the previous two years. The market for renewable energy is expected to decline during this year due to a slow-down in new wind energy projects. The roads market segment is expected to be stable.
Key figures
MEUR
4-6/2025
4-6/2024
Change
1-6/2025
1-6/2024
Change
1-12/2024
Orders received
124.1
147.2
-16%
245.6
270.5
-9%
565.6
Order book
200.9
196.9
2%
200.9
196.9
2%
215.0
Net sales
145.0
148.4
-2%
280.6
260.5
8%
564.6
Gross profit
79.0
84.6
-7%
156.8
145.3
8%
318.1
Gross margin, %
54.5
57.0
55.9
55.8
56.3
Operating expenses
62.1
61.2
2%
122.0
114.8