Edition:
India

Vaisala Q2 Operating Profit Up At EUR 7.2 Million


Friday, 19 Jul 2019 

July 19 (Reuters) - Vaisala Oyj ::REG-VAISALA CORPORATION HALF YEAR FINANCIAL REPORT JANUARY–JUNE 2019.Q2 NET SALES EUR 96.1 (80.1) MILLION, INCREASE 20%.VAISALA ESTIMATES ITS FULL-YEAR 2019 NET SALES TO BE IN RANGE OF EUR 380-400 MILLION.SEES 2019 OPERATING RESULT (EBIT) TO BE IN RANGE OF EUR 25-35 MILLION INCLUDING EUR 10-12 MILLION ACQUISITION RELATED AMORTIZATION AND ONE-OFF EXPENSES RELATED TO A LEASE CONTRACT.Q2 OPERATING PROFIT EUR 7.2 MILLION VERSUS EUR 4.7 MILLION YEAR AGO.VAISALA'S Q2 ORDERS RECEIVED AND NET SALES WERE STRONG IN ALL GEOGRAPHICAL AREAS.GROWTH WAS STRONGEST IN ASIA PACIFIC, MIDDLE EAST AND AFRICA REGION..UPDATED LONG-TERM FINANCIAL TARGETS ARE AN AVERAGE ANNUAL GROWTH EXCEEDING 5% AND OPERATING PROFIT MARGIN (EBIT) EXCEEDING 12%. 

Company Quote

30.3
0.75 +2.54%
5 Dec 2019