Brief: Vaisala Updates 2020 Business Outlook, Publishes Preliminary Net Sales And Operating Result

Vaisala Oyj

21/10/2020 07:04

Oct 21 (Reuters) - Vaisala Oyj  VAIAS.HE :
    * REG-VAISALA UPDATES ITS BUSINESS OUTLOOK FOR 2020 AND
PUBLISHES
PRELIMINARY NET SALES AND OPERATING RESULT
    * STIMATES ITS FULL-YEAR 2020 NET SALES TO BE IN RANGE OF
EUR
370-390 MILLION
    * ESTIMATES OPERATING RESULT (EBIT) TO BE IN RANGE OF EUR
40-48
MILLION
    * GLOBAL ECONOMIC DOWNTURN HAS AFFECTED ESPECIALLY AIRPORTS
CUSTOMER SEGMENT AND EMERGING MARKETS
    * ORDERS RECEIVED HAVE DECREASED IN EMEA REGION AND BEEN
FLAT IN
AMERICAS AND APAC REGIONS.
    * DECREASE IN OPERATING EXPENSES CAUSED BY PROLONGED
COVID-19
PANDEMIC, HAVE IMPROVED OPERATING RESULT MORE THAN PREVIOUSLY
ESTIMATED.

Source text for Eikon:  ID:nGNE9yhx4l 
Further company coverage:  VAIAS.HE 

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