Value for investors

Finance buildings, trees and sky

Vaisala is a stable, sustainable, and globally operating company based in Finland. As the technological leader in its field, Vaisala utilizes megatrends as well as invests in research and development to ensure growth also in the future.

The company’s series A shares have been quoted on Nasdaq Helsinki stock exchange since 1994. Vaisala’s target is to maintain high solvency and to pay a stable dividend which will increase in line with net profit development.

Why invest in Vaisala?

 1 Technology leader and strong market position

• Leading technologies in environmental and industrial sensing with most accurate and reliable instruments, algorithms, and software
• Clear market leadership position in key products, high customer satisfaction, estimated total market size 2.5 billion EUR
• High continuous investments in R&D (2020: 53.2 MEUR or 14% of net sales)

 2 Growth potential in multiple dimensions

• New technologies
• New products, applications, and digital solutions that leverage latest technologies, platforms, as well as business models based on recurring revenue
• Expansion into new customer segments and geographical regions

 3 Well diversified sales mix

• Vaisala is a global player in its relevant markets with representatives in more than 100 countries
• 2020 geographical net sales split: 36% Americas | 29% APAC | 35% EMEA
• Several customer segments in governmental and private sectors

 4 Asset-light business model

• High-mix–low-volume business model
• Sales growth does not require capex: related annual capex around 10 MEUR
• Potential for productivity improvement with volume growth

 5 Strong cash generation and financial position

• Enable investing in growth and long-term business development
• Strong cash conversion rate (2020: 0.9)
• Solvency ratio 59.0% (2020)
• Gearing 5.7% (2020)

 6 Solid dividend payer

• Aim to distribute a stable dividend which will increase in line with net profit development
• Dividend per share for the last five years paid at the average rate of 86% on earnings and the average effective dividend yield of share 3.4%

 7 Sustainable technologies in a responsible way

• Technologies, products, and digital solutions that contribute to building better-informed, safer, and more resource efficient societies
• Reliable partner, whose corporate responsibility work has been recognized, for example, by the investor initiative CDP that focuses on climate reporting and the RE100 initiative that encourages the use of renewable energy
• Member in several sustainability networks, such as Climate Leadership Coalition as well as UN Global Compact and Caring for Climate initiatives