Strong Net Sales Growth
Vaisala reported a 13% increase in net sales in reported currency for the third quarter, with a 16% increase in constant currency terms.
Record EBITDA Margin
The company achieved an 18.2% EBITDA margin, and excluding extraordinary items, it was 20%, potentially an all-time high.
Industrial Measurements Segment Performance
The Industrial Measurements segment showed strong demand across all market segments and geographies, with orders received increasing by 9% year-on-year.
Subscription Sales Growth
Subscription sales grew by 57% year-on-year, positively contributing to profitability.
Introduction of New Products
Vaisala launched new products like the Vaisala Circular service product and the Xweather hail forecast, enhancing their service and technology offerings.