Strategy and Long Term Financial Targets
Vaisala drives profitable growth through implementation of strategic priorities.
Industrial Measurements Business Area continues to further accelerate growth through product leadership strategy. Business Area’s strategic priorities are to achieve strong foothold in power transmission and life science markets, to continuously create new winning products by discovering customers’ needs, and to seek new business opportunities in industrial applications.
Weather and Environment Business Area drives profitability and growth through expansion of industry-leading products and digital solutions. Business Area’s strategic priorities are: to systematically improve competitiveness by renewal of product offering; to grow through meteorological infrastructure improvement projects in developing countries; to expand digital solutions, which support decision-making in weather critical operations; as well as to build new business in environmental measurements with air quality as a spearhead.
Vaisala Operations continues to develop excellence in high mix low volume supply chain through further development of Vaisala Production System. Foundation of the Production System is creation of a culture, which engages everyone to systematic improvement. Operations has also strategic development priorities to increase productivity, to develop core production technologies, as well as sourcing and product life cycle management processes.
Long-Term Financial Targets
Our objective is profitable growth with an average annual growth of 5%
In selected growth businesses such as renewable energy, life science and power transmission the target is to exceed 10% annual growth
and to achieve 15% operating profit margin (EBIT)
Vaisala does not consider the long-term financial targets as market guidance for any given year.