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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Vaisala Raises FY Outlook After Strong Q3 Earnings

19/10 07:07


  • (PLX AI) – Vaisala new FY sales outlook EUR 425–440 million vs. EUR 400-420 million previously
  • • New FY operating result (EBIT) outlook EUR 48–58 million vs. EUR 40-50 million previously
  • • Sales were up 19% in Q3, with orders up 29%
  • • Q3 demand for Vaisala’s products and solutions continued strong in both business areas and especially in Industrial Measurements business area
  • • Shortage of components continued and visibility to component availability deteriorated. However, Vaisala found solutions to most availability issues together with suppliers and by purchasing higher priced components from spot market
  • • Says global shortage of components is expected to continue during the fourth quarter and the first half of next year
  • • Says finding solutions to availability issues is becoming increasingly difficult as component availability also in spot market is deteriorating
  • • Vaisala estimates that component shortages continue to generate additional material costs during the fourth quarter of 2021