Brief: Vaisala Sees 2023 Net Sales In EUR 530-560 Mln Range

Vaisala Oyj

27/10/2023 07:24

Oct 27 (Reuters) - Vaisala Oyj  VAIAS.HE :
    * ESTIMATES THAT ITS FULL-YEAR 2023 NET SALES WILL BE IN RANGE OF EUR 530-560 MILLION
    * ESTIMATES THAT ITS FULL-YEAR 2023 OPERATING RESULT (EBIT) WILL BE IN RANGE OF EUR 65-75
MILLION
    * DEMAND FOR PRODUCTS AND SERVICES FOR INDUSTRIAL MEASUREMENTS BUSINESS AREA CONTINUED TO BE
SOFT
DURING Q3
    * LOWER DEMAND IN INDUSTRIAL INSTRUMENTS, LIFE SCIENCE, AS WELL AS POWER AND ENERGY MARKET
SEGMENTS LED TO A 14% DECREASE IN ORDERS RECEIVED
    * UNCERTAINTY IN BUSINESS ENVIRONMENT IS EXPECTED TO REMAIN HIGH DURING Q4 OF 2023
    * ADDITIONAL COSTS RELATED TO COMPONENT SPOT PURCHASES ARE EXPECTED TO BE INSIGNIFICANT IN
Q4

Source text for Eikon:  ID:nGNE3ckK0C 
Further company coverage:  VAIAS.HE 

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