Brief: Vaisala Raises Its Business Outlook For 2021

Vaisala Oyj

13/07/2021 07:04

July 13 (Reuters) - Vaisala Oyj  VAIAS.HE :
    * REG-VAISALA RAISES ITS BUSINESS OUTLOOK FOR 2021 AND
PUBLISHES
PRELIMINARY ORDERS RECEIVED, NET SALES AND OPERATING RESULT FOR
Q2 2021
    * RAISES ITS NET SALES AND OPERATING RESULT ESTIMATES FOR
2021.
    * ESTIMATES ITS FULL-YEAR 2021 NET SALES TO BE IN RANGE OF
EUR
400-420 MILLION
    * ESTIMATES ITS FULL-YEAR 2021 OPERATING RESULT (EBIT) TO BE
IN
RANGE OF EUR 40-50 MILLION.
    * Q2 2021 PRELIMINARY ORDERS RECEIVED WERE STRONG EUR 120.1
(95.9)
MILLION AND INCREASED BY 25%
    * Q2 PRELIMINARY NET SALES WERE STRONG EUR 109.5 (91.4)
MILLION
AND INCREASED BY 20%.
    * Q2 PRELIMINARY OPERATING RESULT (EBIT) WAS EUR 10.9 (7.9)
MILLION, 10.0 (8.7) % OF NET SALES.
    * LIMITED AVAILABILITY OF COMPONENTS IS EXPANDING, AND
VISIBILITY
TO SUPPLIERS' CAPACITY IS VOLATILE
    * SHORTAGE OF COMPONENTS IS ASSUMED TO CONTINUE AT LEAST
UNTIL END
OF YEAR.
    * INCREASED MATERIAL AND TRANSPORTATION COSTS WILL HAVE
NEGATIVE
IMPACT ON OPERATING RESULT DURING SECOND HALF OF 2021

Source text for Eikon:  ID:nGNE5lLgWd 
Further company coverage:  VAIAS.HE 

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