Interim report
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Vaisala Corporation Interim Report January - March 2021 Unaudited Vaisala Corporation Interim Report April 29 , 2021 at 9.00 a.m. ( EEST ) Vaisala Corporation Interim Report January – March 2021 Strong start for the year . Vaisala raises lower limit of its 2021 business outlook . First quarter 2021 highlights • Orders received EUR 106.1 ( 89.7 ) million , increase 18 % • • • • • Order book at the end of the period EUR 155.4 ( 141.6 ) million , increase 10 % Net sales EUR 92.0 ( 87.2 ) million , increase 5 % Operating result ( EBIT ) EUR 8.1 ( 5.2 ) million , 8.8 ( 6.0 ) % of net sales Earnings per share EUR 0.17 ( 0.11 ) Cash flow from operating activities EUR 18.2 ( 5.3 ) million Market development and business outlook for 2021 COVID - 19 pandemic will continue to cause significant uncertainty in 2021. Still , the global economy is expected to continue to recover in 2021 . Market for high - end industrial instruments is expected to recover after weak 2020. Life science and power industry market is expected to continue to grow . Liquid measurements market is expected to start to recover . Meteorology market in developed countries is expected to remain stable , while in developing countries demand is expected to continue to suffer due to lack of funding and delayed decision making . Aviation market declined significantly in 2020 as a result of the global pandemic , and market outlook remains weak , although some recovery is expected . Ground transportation market is expected to be stable . Renewable energy market is expected to continue to grow . Strong start for the year brings more confidence for the whole year despite continued uncertainties . Therefore , Vaisala raises lower limit of its business outlook for 2021. Vaisala now estimates that its full - year 2021 net sales will be in the range of EUR 380-400 million and its operating result ( EBIT ) will be in the range of EUR 35-45 million . Earlier Vaisala estimated that its full - year 2021 net sales would be in the range of EUR 370-400 million and its operating result ( EBIT ) would be in the range of EUR 30-45 million . 1