Vaisala Group Reports Lower First Quarter Net Sales, Maintains Full-Year Outlook for 2024

Vaisala releases preliminary Q1/2024 net sales and reaffirms full year 2024 business forecast

Vaisala Group, a global leader in measurement instruments and intelligence for climate action, released its preliminary net sales for the first quarter of 2024 on April 11, 2024 at 9:00 a.m. (EEST). Despite facing challenges such as industrial actions in Finland and the implementation of a new ERP system, Vaisala’s net sales for the first quarter were lower compared to the previous year.

Despite these challenges, Vaisala maintains its full-year 2024 business outlook, with estimated net sales between EUR 530-570 million and an operating result (EBIT) between EUR 63-78 million. The company plans to publish its January-March 2024 Interim Report on May 3, 2024.

With almost 90 years of innovation and expertise, Vaisala is dedicated to providing customers with devices and data to improve resource efficiency, drive energy transition, and enhance the safety and well-being of people worldwide. With a team of over 2,300 experts committed to sustainable practices, Vaisala’s series A shares are listed on the Nasdaq Helsinki stock exchange. For more information about Vaisala Group or any updates related to their business operations please contact Paula Liimatta at +358 9 8949 2020 or ir@vaisala.com. Visit vaisala.com for key media updates

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