Vaisala (VAIAS) Q4 2024 earnings summary

Executive summary

• Q4 2024 saw 14% net sales growth and improved profitability, with EBIT margin reaching 16.7% and a record order book up 25% year-over-year.

• Full-year 2024 net sales rose 4% to EUR 564.6 million, with EBITA up 21% to EUR 90.3 million and EPS up 30% to EUR 1.76.

• Strategic focus included growth in industrial measurements, energy transition, recurring data revenue, and operational scalability.

• Major acquisitions included Maxar's WeatherDesk, Speedwell Climate, and Nevis Technology, expanding offerings in weather intelligence and renewable energy.

• Recognition for sustainability and growth, including being named by TIME as one of the World's Best Companies and SBTi approval of emission reduction targets.

Financial highlights

• Q4 net sales EUR 167.5 million, up 14% year-over-year; full-year net sales EUR 564.6 million, up 4%.

• Q4 EBIT margin at 16.7%; full-year EBIT margin at 14.7%.

• Order book up 25% year-over-year; orders received up 7% for the full year.

• EPS for the year reached EUR 1.76, a significant increase from the previous year.

• Dividend proposal of EUR 0.85 per share, up from EUR 0.75.

Outlook and guidance

• 2025 net sales guidance: EUR 590–620 million (2024: EUR 565 million).

• 2025 EBITA guidance: EUR 90–105 million (2024: EUR 90 million).

• Growth expected in industrial, life science, and power; stable outlook for meteorology, aviation, roads, and renewable energy.

• Cautious outlook due to geopolitical uncertainties, tariff discussions, and short visibility on demand.