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Q4 2021 Vaisala Oyj Earnings Call Transcript
Hello, and welcome to the Vaisala Q4 results call. (Operator Instructions) Afterwards there will be a question-and-answer session.
I'll now hand the floor to President and CEO, Kai Oistamo. Please begin your meeting.
So this is Kai Oistamo, I'm the President and CEO of Vaisala, and I'm joined here with our Chairperson, Ville Voipio; our CFO, Kaarina Muurinen; and our Head of IR, Paula Liimatta. I also want to welcome you all for our fourth quarter earnings call.
So fourth quarter 2021 completed a year of growth and excellent performance. We had a strong net sales growth in both business areas. The orders increased by 6%, but they are varying performance in the 2 business areas. In Industrial Measurements, the orders were very strong again in all market segments. And whereas in Weather and Environment, the orders decreased compared to fourth quarter 2020, partly due to the strong comparison period, partly due to missing the large project orders in 2020 -- fourth quarter 2021, whereas in
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