Annual report 2020 In 2020, Vaisala performed well despite the COVID-19 pandemic. The year was marked by adapting to the new global situation with new ways of working, supplying measurement solutions for the fight against the pandemic, enhancing sustainability matters, as well as by our technology’s journey to Mars. Annual report 2020 PDF 379.5 MEUR net sales 44.8 MEUR operating result (EBIT) 16.3 % return on equity (ROE) 0.91 EUR earnings per share (EPS) 379.5 MEUR net sales 44.8 MEUR operating result (EBIT) 16.3 % return on equity (ROE) 0.91 EUR earnings per share (EPS) Annual report 2020 Corporate Governance Statement Chairman and CEO's message 2020 Vaisala’s work towards its mission Observations for a better world continued throughout the year, marked by the global fight against the COVID-19 pandemic. Highlights of the year 2020 We launched the new Vaisala Mobile GRF/TALPA Reporter for runway condition data at airports. Our solutions were brought to use in the fight against the COVID-19 pandemic. We introduced the cloud-based Vaisala Jade Smart Cloud for monitoring humidity and temperature. We launched Vaisala Wx Horizon that gathers, analyzes, and visualizes realtime road weather data. Kai Öistämö was appointed as new President and CEO and started on October 1, 2020. We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications. Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies. We started to deliver real-time, comprehensive weather data to new Hyundai Motor Company vehicles. We brought a unique method for detecting air ingress in sealed power transformers to the market. We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements. As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020. We launched the new Vaisala Mobile GRF/TALPA Reporter for runway condition data at airports. Our solutions were brought to use in the fight against the COVID-19 pandemic. We introduced the cloud-based Vaisala Jade Smart Cloud for monitoring humidity and temperature. We launched Vaisala Wx Horizon that gathers, analyzes, and visualizes realtime road weather data. Kai Öistämö was appointed as new President and CEO and started on October 1, 2020. We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications. Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies. We started to deliver real-time, comprehensive weather data to new Hyundai Motor Company vehicles. We brought a unique method for detecting air ingress in sealed power transformers to the market. We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements. As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020. 1900+ employees globally 4.23 / 5 employee engagement 14 % R&D investments 300 product families 1900+ employees globally 4.23 / 5 employee engagement 14 % R&D investments 300 product families Value creation 2020 (Click the image to enlarge) Value for customers With our measurement solutions, our customers can make reliable decisions as well as enhance quality and productivity of their operations. Read more Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more Value for society and the environment Our measurement solutions enhance information, resource efficiency, and safety in societies. Read more Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more Environmental performance indicators 2020 100 % renewable electricity -97 % emissions from 2014 baseline (Scope 2) 59 % waste recycling rate (includes reuse, material recycling, and composting) 93 % employees working on ISO 14001 certified sites 100 % renewable electricity -97 % emissions from 2014 baseline (Scope 2) 59 % waste recycling rate (includes reuse, material recycling, and composting) 93 % employees working on ISO 14001 certified sites Megatrends and UN Sustainable Development Goals UN Sustainable Development Goals We have identified the most relevant UN Sustainable Development Goals for Vaisala. By integrating the goals to our strategy work, we can better assess our impacts on sustainable development and develop new business and sustainable business practices. Megatrends supporting our business The global megatrends are transformational shifts that provide both a source for inspiration and opportunities for growth for Vaisala. Together with our customers, we can create solutions to the societal and environmental needs posed by these trends.
Annual report 2020 In 2020, Vaisala performed well despite the COVID-19 pandemic. The year was marked by adapting to the new global situation with new ways of working, supplying measurement solutions for the fight against the pandemic, enhancing sustainability matters, as well as by our technology’s journey to Mars. Annual report 2020 PDF
379.5 MEUR net sales 44.8 MEUR operating result (EBIT) 16.3 % return on equity (ROE) 0.91 EUR earnings per share (EPS) 379.5 MEUR net sales 44.8 MEUR operating result (EBIT) 16.3 % return on equity (ROE) 0.91 EUR earnings per share (EPS)
Chairman and CEO's message 2020 Vaisala’s work towards its mission Observations for a better world continued throughout the year, marked by the global fight against the COVID-19 pandemic.
Highlights of the year 2020 We launched the new Vaisala Mobile GRF/TALPA Reporter for runway condition data at airports. Our solutions were brought to use in the fight against the COVID-19 pandemic. We introduced the cloud-based Vaisala Jade Smart Cloud for monitoring humidity and temperature. We launched Vaisala Wx Horizon that gathers, analyzes, and visualizes realtime road weather data. Kai Öistämö was appointed as new President and CEO and started on October 1, 2020. We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications. Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies. We started to deliver real-time, comprehensive weather data to new Hyundai Motor Company vehicles. We brought a unique method for detecting air ingress in sealed power transformers to the market. We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements. As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020. We launched the new Vaisala Mobile GRF/TALPA Reporter for runway condition data at airports. Our solutions were brought to use in the fight against the COVID-19 pandemic. We introduced the cloud-based Vaisala Jade Smart Cloud for monitoring humidity and temperature. We launched Vaisala Wx Horizon that gathers, analyzes, and visualizes realtime road weather data. Kai Öistämö was appointed as new President and CEO and started on October 1, 2020. We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications. Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies. We started to deliver real-time, comprehensive weather data to new Hyundai Motor Company vehicles. We brought a unique method for detecting air ingress in sealed power transformers to the market. We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements. As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020.
We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications.
Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies.
We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements.
As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020.
We unveiled the Indigo520 transmitter to enable world-class data and smart decisions also in high-end industrial applications.
Perseverance Rover was launched towards Mars, carrying Vaisala’s HUMICAP and BAROCAP sensor technologies.
We expanded our Indigo product range with the HMP1 probe for high-end humidity and temperature measurements.
As a member of the RE100 initiative, we achieved our target to utilize 100% renewable electricity by the end of 2020.
1900+ employees globally 4.23 / 5 employee engagement 14 % R&D investments 300 product families 1900+ employees globally 4.23 / 5 employee engagement 14 % R&D investments 300 product families
Value for customers With our measurement solutions, our customers can make reliable decisions as well as enhance quality and productivity of their operations. Read more Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more Value for society and the environment Our measurement solutions enhance information, resource efficiency, and safety in societies. Read more Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more
Value for customers With our measurement solutions, our customers can make reliable decisions as well as enhance quality and productivity of their operations. Read more
Value for employees Solving some of the most difficult challenges of our time, Vaisala offers purposeful work, well-being, and learning for its employees. Read more
Value for society and the environment Our measurement solutions enhance information, resource efficiency, and safety in societies. Read more
Value for investors Vaisala's sustainable business offers responsible returns for its investors. Read more
Environmental performance indicators 2020 100 % renewable electricity -97 % emissions from 2014 baseline (Scope 2) 59 % waste recycling rate (includes reuse, material recycling, and composting) 93 % employees working on ISO 14001 certified sites 100 % renewable electricity -97 % emissions from 2014 baseline (Scope 2) 59 % waste recycling rate (includes reuse, material recycling, and composting) 93 % employees working on ISO 14001 certified sites
Megatrends and UN Sustainable Development Goals UN Sustainable Development Goals We have identified the most relevant UN Sustainable Development Goals for Vaisala. By integrating the goals to our strategy work, we can better assess our impacts on sustainable development and develop new business and sustainable business practices. Megatrends supporting our business The global megatrends are transformational shifts that provide both a source for inspiration and opportunities for growth for Vaisala. Together with our customers, we can create solutions to the societal and environmental needs posed by these trends.
UN Sustainable Development Goals We have identified the most relevant UN Sustainable Development Goals for Vaisala. By integrating the goals to our strategy work, we can better assess our impacts on sustainable development and develop new business and sustainable business practices.
Megatrends supporting our business The global megatrends are transformational shifts that provide both a source for inspiration and opportunities for growth for Vaisala. Together with our customers, we can create solutions to the societal and environmental needs posed by these trends.