Interim report
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Vaisala Corporation Half Year Financial Report January - June 2021 Unaudited Vaisala Corporation Half Year Financial Report July 23 , 2021 at 9.00 a.m. ( EEST ) Vaisala Corporation Half Year Financial Report January - June 2021 Excellent growth continued in second quarter Second quarter 2021 highlights • Orders received EUR 120.1 ( 95.9 ) million , increase 25 % Order book at the end of the period EUR 165.3 ( 145.3 ) million , increase 14 % Operating result ( EBIT ) EUR 10.9 ( 7.9 ) million , 10.0 ( 8.7 ) % of net sales • Net sales EUR 109.5 ( 91.4 ) million , increase 20 % • • Earnings per share EUR 0.25 ( 0.16 ) • Cash flow from operating activities EUR 11.1 ( -1.1 ) million January – June 2021 highlights • Orders received EUR 226.3 ( 185.6 ) million , increase 22 % • Net sales EUR 201.5 ( 178.6 ) million , increase 13 % • Operating result ( EBIT ) EUR 19.0 ( 13.1 ) million , 9.5 ( 7.3 ) % of net sales • Earnings per share EUR 0.43 ( 0.27 ) • Cash flow from operating activities EUR 29.4 ( 4.2 ) million Market development and business outlook for 2021 Market for high - end industrial instruments is expected to continue growth after strong recovery during the first half of 2021. Life science and power industry markets are expected to continue to grow . Liquid measurements market is expected to continue to recover . Meteorology market in developed countries is expected to remain stable , while in developing countries demand is expected to continue to suffer and recovery is expected to take longer than in developed markets . Aviation market declined significantly in 2020 , and market outlook remains weak , although market is expected to recover gradually . Ground transportation market is expected to be stable . Renewable energy market is expected to continue to grow . Global economy is expected to continue to recover , and this may lead to worsening component availability in the second half of the year . COVID - 19 and its variants may also negatively impact the global economy and its recovery . Vaisala reiterates the business outlook that was published on July 13 , 2021 : Vaisala estimates that its full - year 2021 net sales will be in the range of EUR 400-420 million and its operating result ( EBIT ) will be in the range of EUR 40–50 million . Earlier Vaisala estimated that its full - year 2021 net sales would be in the range of EUR 380-400 million and its operating result ( EBIT ) would be in the range of EUR 35–45 million . 1