Vaisala Corporation Stock Exchange Release February 7, 2012 at 8:00 pm
Vaisala announced on August 31, 2011 that it combines its Meteorology and Weather Critical Operations business areas into one Weather business area. According to Vaisala's new organizational structure, starting October 1, 2011, the business areas are Weather and Controlled Environment.
We are announcing today the historical results according to the new organizational structure, in order to enable comparability for Weather business area. The results have been regrouped according to the current organizational structure that became effective on October 1, 2011. Results for the Weather business area have been calculated from previous reported numbers by combining the results of the previous Meteorology and Weather Critical Operations business areas.
The table below presents Vaisala's results for the three first quarters of 2011, and for full year 2010 and four quarters of 2010 according to Vaisala's new organizational structure.
Vaisala's 2011 annual and October-December (Q4) results will be published on February 9, 2012.
Vaisala's net sales and operating profit for the first, second and third quarter of 2011 and for quarterly and full year 2010, according to the new organizational structure.
| M€ | Q1 / 2010 | Q2 / 2010 | Q3 / 2010 | Q4 / 2010 | Year 2010 | ||||
| Net sales | |||||||||
| Weather | 35.6 | 41.4 | 47.0 | 65.7 | 189.8 | ||||
| Controlled Environment | 13.6 | 13.3 | 17.7 | 18.9 | 63.4 | ||||
| Controlled Environment (proforma*) | 15.1 | 13.3 | 17.7 | 18.9 | 64.9 | ||||
| Other operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
| Group | 49.3 | 54.7 | 64.7 | 84.5 | 253.2 | ||||
| Group (proforma*) | 50.7 | 54.7 | 64.7 | 84.5 | 254.6 | ||||
| Operating profit | |||||||||
| Weather | -6.6 | -4.6 | 1.7 | 13.3 | 3.8 | ||||
| Controlled Environment | 1.4 | 0.6 | 3.9 | 3.0 | 8.9 | ||||
| Controlled Environment (proforma*) | 1.4 | 0.6 | 3.9 | 3.0 | 8.9 | ||||
| Other operations | -1.0 | -1.0 | 0.8 | 0.3 | -0.9 | ||||
| Group | -6.2 | -4.9 | 6.4 | 16.6 | 11.8 | ||||
| Group (proforma*) | -6.2 | -4.9 | 6.4 | 16.6 | 11.8 | ||||
| Financial income and expenses | 1.8 | 2.3 | -2.7 | 0.8 | 2.2 | ||||
| Share of associated companies' net profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
| Net profit before taxes | -4.4 | -2.6 | 3.7 | 17.4 | 14.0 | ||||
| Net profit before taxes (proforma*) | -4.4 | -2.6 | 3.7 | 17.4 | 14.0 | ||||
| Income taxes | 1.1 | 1.2 | -0.8 | -5.3 | -3.8 | ||||
| Net profit | -3.3 | -1.4 | 2.8 | 12.1 | 10.2 | ||||
| Net profit (proforma*) | -3.3 | -1.4 | 2.8 | 12.1 | 10.2 | ||||
| Depreciation | |||||||||
| Weather | 1.0 | 1.0 | 1.0 | 0.9 | 3.9 | ||||
| Controlled Environment | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | ||||
| Other operations | 1.9 | 2.5 | 2.5 | 2.8 | 9.7 | ||||
| Group | 2.9 | 3.5 | 3.5 | 3.7 | 13.7 | ||||
| Impairment | |||||||||
| Weather | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 | ||||
| Controlled Environment | |||||||||
| Other operations | |||||||||
| Group | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 | ||||
| M€ | Q1 / 2011 | Q2 / 2011 | Q3 / 2011 | ||||||
| Net sales | |||||||||
| Weather | 40.4 | 44.9 | 44.7 | ||||||
| Controlled Environment | 18.6 | 16.9 | 17.8 | ||||||
| Other operations | 0.0 | 0.0 | 0.0 | ||||||
| Group | 58.9 | 61.9 | 62.6 | ||||||
| Operating profit | |||||||||
| Weather | -4.8 | 2.2 | -1.5 | ||||||
| Controlled Environment | 4.0 | 2.0 | 2.6 | ||||||
| Other operations | -0.1 | -1.1 | -0.3 | ||||||
| Group | -0.9 | 3.2 | 0.9 | ||||||
| Financial income and expenses | -1.8 | -0.5 | 1.4 | ||||||
| Share of associated companies' net profit | 0.0 | 0.0 | 0.0 | ||||||
| Net profit before taxes | -2.6 | 2.6 | 2.2 | ||||||
| Income taxes | 0.3 | -0.8 | -0.3 | ||||||
| Net profit | -2.3 | 1.8 | 2.0 | ||||||
| Depreciation | |||||||||
| Weather | 0.5 | 0.5 | 0.5 | ||||||
| Controlled Environment | 0.0 | 0.0 | 0.0 | ||||||
| Other operations | 3.0 | 3.0 | 3.1 | ||||||
| Group | 3.5 | 3.5 | 3.6 | ||||||
| Impairment | |||||||||
| Weather | 0.0 | 0.0 | 0.0 | ||||||
| Controlled Environment | |||||||||
| Other operations | |||||||||
| Group | 0.0 | 0.0 | 0.0 | ||||||
More information
Kaarina Muurinen CFO, tel. +358 40 577 5066
Distribution:
NASDAQ OMX Helsinki
Key media
www.vaisala.com
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Vaisala Oyj via Thomson Reuters ONE
