Vaisala updates its strategy and raises long-term financial targets
21 Septiembre 2021 - 01:00AM
Vaisala updates its strategy and raises long-term financial targets
Vaisala CorporationStock exchange releaseSeptember 21, 2021 at
9:00 a.m. (EEST)
Vaisala updates its strategy and raises long-term
financial targets
Vaisala's Board of Directors has approved the company’s strategy
and updated long-term financial targets for the next three
years.
Vaisala’s strategy focuses on driving sustainable growth and
global leadership in weather, environmental, and industrial
measurements. Through its products and technologies, Vaisala
enables business-critical decisions and operations for its
customers. Thereby, the company strongly contributes to solving
global challenges related to climate change, resource efficiency,
and well-being and health.
Vaisala aims to be market leader in the markets where it
operates. The company has identified four drivers for successful
strategy implementation:
- Product and technology leadership from sensors to digital
solutions
- Deep customer understanding and application knowhow
- Scalability in high-mix, low-volume business
- Engaged and talented people
Long-term financial targetsBased on the revised
strategic objectives with raised growth ambition and focus on
operational excellence, Vaisala updates its long-term financial
targets. Vaisala's long-term target is to achieve an average annual
net sales growth of 7% and an operating result margin (EBIT) of 15%
during the strategy period.
Earlier Vaisala’s objective was profitable growth with an
average annual growth exceeding 5% and operating result margin
(EBIT) exceeding 12%.
Vaisala does not consider the long-term financial targets as
market guidance for any given year.
Capital Markets DayVaisala hosts a Capital
Markets Day for analysts and investors on Tuesday, September 21,
2021 to provide deeper information on the company’s strategy and
updated long-term financial targets.
The Capital Markets Day webcast will begin at 2:00 p.m. EEST and
will be streamed live. For virtual participation, please register
at https://vaisala.videosync.fi/cmd-2021/register in advance to
receive the participation link. There is an opportunity to ask
questions in writing via the webcast platform. The recordings of
the presentations and presentation materials will be available on
Vaisala’s website after the event. The event and materials are in
English.
Additional informationKaarina Muurinen, CFOTel.
+358 40 577 5066, kaarina.muurinen@vaisala.com
Distribution Nasdaq
Helsinki Key mediavaisala.com
Vaisala is a global leader in environmental and
industrial measurement. Building on over 85 years of experience,
Vaisala provides observations for a better world. We are a reliable
partner for customers around the world, offering a comprehensive
range of innovative observation and measurement products and
services. Headquartered in Finland, Vaisala employs over 1,900
professionals worldwide and is listed on the Nasdaq Helsinki stock
exchange. vaisala.com twitter.com/VaisalaGroup
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