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Provider: Reuters Investment Profile

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Vaisala Oyj Raises Fy 2012 Financial Guidance

Friday, 11 Jan 2013 08:30am EST 

Vaisala Oyj announced that based on the preliminary financial information regarding the Company‚Äôs financial statements for fiscal year 2012, the Company exceeds its previously published guidance and estimates that for the full year 2012 its net sales is in a range of between EUR 290 million and EUR 293 million and the operating result is in a range of between EUR 29 million and EUR 30 million. During the last quarter of 2012, in particular the Weather business area increased its net sales more than previously expected due to increased product sales and the operating result improved due to increased sales and higher margins in delivery projects. Previously, the Company expected its net sales in fiscal year 2012 to stay at the same level as in fiscal year 2011. The operating result was expected to improve compared to fiscal year 2011. The Company reported fiscal year 2011 net sales of EUR 273.6 million and operating result of EUR 16.1 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012 net sales of EUR 286.83 million. 

Company Quote

-0.15 -0.68%
11:29am EST