Vaisala Oyj (OHEL:VAIAS)
€ 40.15 -0.9 (-2.19%) Market Cap: 1.46 Bil Enterprise Value: 1.41 Bil PE Ratio: 32.91 PB Ratio: 5.94 GF Score: 98/100

Full Year 2020 Vaisala Oyj Earnings Call Transcript

Feb 19, 2021 / 09:00AM GMT
Release Date Price: €36.5 (-1.75%)
Operator

Hello, and welcome to the Vaisala Q4 Report 2020. (Operator Instructions)

Today, I'm pleased to present President and CEO, Kai Ãistämö. Please go ahead with your meeting.

Kai Olavi Ã;istÃ;mÃ;Vaisala Oyj;President;CEO

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Thank you, and welcome to Vaisala call from my side as well. With me here are Kaarina Muurinen, our CFO; Raimo Voipio, our Chairman of the Board; Paula Liimatta, our Head of IR; and myself, Kai Ãistämö.

So when we look at the year 2020 and start with the fourth quarter highlights, it feels like it was a roller-coaster year where the roller coaster ended up with a high note. The orders received increased significantly during the fourth quarter, both in Industrial Measurements as well as in Weather and Environment.

In Industrial Measurements business area, the demand growth was led by pharmaceutical customer segment, including COVID-19 vaccine suppliers as well as then orders received overall by 11% compared to previous year. In Weather and

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