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

Q3 2021 Vaisala Oyj Earnings Call Transcript

Oct 28, 2021 / 01:00PM GMT
Release Date Price: €46.35 (+1.31%)
Kai Olavi Ã;istÃ;mÃ;Vaisala Oyj;President;CEO

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Nevertheless, let's go try to dive into the third quarter of Vaisala. We had an excellent performance during the third quarter. The order intake was continued and continued extremely strong, and the profitability continued strong as well.

The EBIT margin was on an excellent level at 17.3%. The recovery that we started to experience during the first quarter of the year, that continued. And we even saw signs now starting recovery on the aviation market, which was depressed during the COVID times, very pleased to see that. And our order intake on aviation market segment more than doubled during the third quarter compared to the same time in previous year. The order book itself remained at the all-time high, EUR 165 million.

Shortage of components characterized much of the business environment for us as other people, but it did not impact our capability to deliver our production solutions to our customers during the third quarter, which was very pleasing to see. But

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