Vaisala updates its long-term financial goals

Vaisalan the government has confirmed the strategic priority areas defined in 2023 to drive climate action and sustainable growth.

The company aims to grow in industrial measurements with the help of breakthrough technologies and to expand in energy transition and order-based data business.

In addition, the goal is a profitable business as a global leader in weather systems, as well as the simplification and scaling of business operations.

“The company’s main drivers of success are customer understanding and application expertise, product and technology leadership, supply chain excellence, and a culture based on meaningful work and committed professionals,” the release states.

The company also files its long-term financial goals. The average annual growth in turnover is seven percent.

The company is now aiming for a systematically improving operating profit margin before intangible depreciation (ebita-%), while previously the goal was an operating profit margin (ebit-%) of more than 15 percent.

The company’s new goal is to maintain a strong relationship between business cash flow and operating profit over time.

However, the company does not consider the financial goals as market guidelines for a single year.