Annual Report 2018 Annual Report 2018 PDF Key Financial Indicators 2018 Net sales 348.8 MEUR Operating result 38.9 MEUR Return on equity (ROE) 16.0 % Earnings per share 0.82 EUR Net sales 348.8 MEUR Operating result 38.9 MEUR Return on equity (ROE) 16.0 % Earnings per share 0.82 EUR Annual Report 2018 Corporate Governance Statement CEO's message 2018 In 2018, our net sales increased by 5% driven by good product deliveries. Net sales in Americas and APAC regions grew nicely, although weather related market in China was challenging. Operating result reached almost previous year’s level and was 11% of net sales. Highlights of the Year We strengthened our position in remote wind sensing by acquiring Leosphere SAS Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague We expanded our service offering to ISO/IEC 17025 accredited carbon dioxide calibrations. We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States. Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas. We introduced the next-generation automatic sounding system Vaisala AUTOSONDE® AS41 Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado We strengthened our position in remote wind sensing by acquiring Leosphere SAS Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague We expanded our service offering to ISO/IEC 17025 accredited carbon dioxide calibrations. We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States. Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas. We introduced the next-generation automatic sounding system Vaisala AUTOSONDE® AS41 Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado 94 % of electricity used is renewable 96 % waste recovery rate of manufacturing sites - 90 % carbon footprint reduction from energy consumption since 2014 91 % of personnel working on ISO 14001 certified sites 94 % of electricity used is renewable 96 % waste recovery rate of manufacturing sites - 90 % carbon footprint reduction from energy consumption since 2014 91 % of personnel working on ISO 14001 certified sites Value creation model (Click to enlarge image) Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more Megatrends
Key Financial Indicators 2018 Net sales 348.8 MEUR Operating result 38.9 MEUR Return on equity (ROE) 16.0 % Earnings per share 0.82 EUR Net sales 348.8 MEUR Operating result 38.9 MEUR Return on equity (ROE) 16.0 % Earnings per share 0.82 EUR
CEO's message 2018 In 2018, our net sales increased by 5% driven by good product deliveries. Net sales in Americas and APAC regions grew nicely, although weather related market in China was challenging. Operating result reached almost previous year’s level and was 11% of net sales.
Highlights of the Year We strengthened our position in remote wind sensing by acquiring Leosphere SAS Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague We expanded our service offering to ISO/IEC 17025 accredited carbon dioxide calibrations. We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States. Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas. We introduced the next-generation automatic sounding system Vaisala AUTOSONDE® AS41 Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado We strengthened our position in remote wind sensing by acquiring Leosphere SAS Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague We expanded our service offering to ISO/IEC 17025 accredited carbon dioxide calibrations. We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States. Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas. We introduced the next-generation automatic sounding system Vaisala AUTOSONDE® AS41 Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado
Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition
We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents
We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague
We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States.
Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution
We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas.
Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building
We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series
We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado
Our viewLinc Continuous Monitoring System was awarded by Laatukeskus Excellence Finland in the Quality Innovation Award competition
We expanded our business to a new growth market by acquiring the pioneer in liquid measurements, K-Patents
We supplied state-of-the-art air quality sensors to ICE Gateway’s real-time smart city network in Prague
We launched the Vaisala Lightning Integrator and Lightning Exporter services that allow companies to access historical lightning data in the United States.
Our challenge in the World Challenge Finland 2018 competition looked for solutions to mitigate air pollution
We installed the wireless viewLinc Continuous Monitoring System in the Ähtäri Zoo in Finland, where it monitors the wellbeing of pandas.
Construction work started at our headquarters in Finland, as the city of Vantaa issued a building permit for our new R&D building
We introduced the seventh generation of visibility and present weather sensors: Vaisala Forward Scatter FD70 Series
We broke ground on an expanded U.S. headquarters building as well as Operations and R&D Center in Louisville, Colorado
94 % of electricity used is renewable 96 % waste recovery rate of manufacturing sites - 90 % carbon footprint reduction from energy consumption since 2014 91 % of personnel working on ISO 14001 certified sites 94 % of electricity used is renewable 96 % waste recovery rate of manufacturing sites - 90 % carbon footprint reduction from energy consumption since 2014 91 % of personnel working on ISO 14001 certified sites
Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more
Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more
Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more