Interim report
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Vaisala Corporation Interim Report January - September 2021 Unaudited Vaisala Corporation Interim Report October 28 , 2021 at 9.00 a.m. ( EEST ) Vaisala Corporation Interim Report January - September 2021 Strong demand and excellent performance continued during third quarter Third quarter 2021 highlights . Orders received EUR 109.9 ( 85.3 ) million , increase 29 % Order book at the end of the period EUR 164.8 ( 134.6 ) million , increase 22 % • • Net sales EUR 111.5 ( 94.0 ) million , increase 19 % • Operating result ( EBIT ) EUR 19.2 ( 19.5 ) million , 17.3 ( 20.7 ) % of net sales • Earnings per share EUR 0.44 ( 0.40 ) • Cash flow from operating activities EUR 19.6 ( 12.5 ) million January - September 2021 highlights • Orders received EUR 336.2 ( 270.9 ) million , increase 24 % • Net sales EUR 312.9 ( 272.6 ) million , increase 15 % Operating result ( EBIT ) EUR 38.3 ( 32.6 ) million , 12.2 ( 11.9 ) % of net sales • • Earnings per share EUR 0.87 ( 0.68 ) • Cash flow from operating activities EUR 48.9 ( 16.7 ) million Market development and business outlook for 2021 Market for high - end industrial instruments , life science , and power industry markets is 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 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 , however , component shortage is expected to continue during the fourth quarter and the first half of next year . Vaisala reiterates the business outlook that was published on October 19 , 2021 : Vaisala estimates that its full - year 2021 net sales will be in the range of EUR 425-440 million and its operating result ( EBIT ) will be in the range of EUR 48–58 million . Earlier Vaisala estimated that its full - year 2021 net sales would be in the range of EUR 400–420 million and its operating result ( EBIT ) would be in the range of EUR 40-50 million . 1