Q3 2022 Vaisala Oyj Earnings Call Transcript
Hello, and welcome to Vaisala Q3 2022 Interim Report Conference. My name is Pricilla, and I will be according to for today's event.
I will now hand over to your host to begin today's conference. Please go ahead.
Thank you. And here, I'm joined with our Chairman of the Board, Ville Voipio; our CFO, Kaarina Muurinen; our Head of IR, Paula Liimatta and myself, Kai Oistamo, I'm the CEO -- President and CEO of Vaisala.
We had an excellent performance during the third quarter. Whether we look at orders received or net sales both grew strongly, and I'm very happy to report also in both business areas.
Our order book ended at a record level of EUR 188 million at the end of the quarter. And the operating result increased when we look at year-on-year, i.e., third quarter to third quarter. The orders received grew by 25% and net sales by 20% when we go -- when we compare to the same time previous year.
When we look at in more detail into the orders received, as said, 25% compared
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