Vaisala Oyj (VAIAF) Q3 2026 Earnings Call October 27, 2026 7:00 AM EDT
Company Participants
Niina Ala-Luopa – Head of Investor Relations
Kai Öistämö – President & CEO
Heli Lindfors – Chief Financial Officer
Conference Call Participants
Nikko Ruokangas – SEB, Research Division
Matti Riikonen – DNB Carnegie, Research Division
Pauli Lohi – Inderes Oyj, Research Division
Waltteri Rossi – Danske Bank A/S, Research Division
Presentation
Niina Ala-Luopa
Head of Investor Relations
Hello, everyone, and welcome to Vaisala’s Third Quarter Results Webcast.
I’m Niina Ala-Luopa from Vaisala’s Investor Relations. Vaisala has today published its January-September Interim Report. And during the next hour, our CEO, Kai Oistamo; and CFO, Heli Lindfors, will present our third quarter and full year year-to-date results. And like always, after that, we have time for questions.
But now without further ado, I will hand over to Kai.
Kai Öistämö
President & CEO
Thank you, Niina. Welcome, everybody.
I’ll start with the statement that is on the slide. We had an excellent quarter with a record-high profitability and orders received. Really was a very good quarter. And let’s look at a little bit deeper into what made the quarter. So in terms of numbers, what made it excellent? Orders received up 38% compared to a year ago, resulting a significant increase in order book compared to the beginning of the year or end of last year.
The net sales grew 6% when we look at the company level. And here, you have to remember, especially under the Weather, Energy, and Environment side, very high comparable on the third quarter last year where we’ve had the Spanish radar projects in a full delivery mode. So the revenues on Weather, Energy and Environment on third quarter last year were on a high — very high level. And all this kind of success in terms of getting sales in and the mix then resulted in very
