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Vaisala Oyj

Sector unknown·VAIAS · Nasdaq Helsinki·Fiscal year to 31/12/2025

Wind powerArtificial intelligenceElectricityUSD vs DKK/EURIndustrial manufacturing

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Electricity
Macro USD vs DKK/EUR, Tariffs and trade policy, Cyber attacks and IT security risk, Business cycle and GDP growth
Technology Wind power, Artificial intelligence, Electrification, Automation and robotics
Regulation EU climate and energy policy, Carbon tax and ETS prices
End markets Industrial manufacturing
Geography United States, Europe, Asia and emerging markets, Denmark

Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.

In their own words

Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.

Wind power

Technology

DriverNegative impact: weakens

“The decline in orders received was attributable to the Weather and Environment business area, where the demand decreased very strongly, by 23%, due to the headwinds in the renewable energy market as well as due to normalization of the meteorology and aviation markets compared to exceptionally high levels in the previous two years.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Vaisala’s 2025 gross margin decreased to 55.2 (56.3) % mainly due to exchange rates impact, proportional impacts of the US tariffs, as well as decline in the high-margin renewable energy business.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Orders received decreased very strongly in all market segments, especially in renewable energy market, where the demand remained weak throughout the year. Additionally, meteorology and aviation market segments saw a very strong decline in demand after exceptionally high levels in the previous two years.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“The Weather and Environment business area faced challenges in the renewable energy markets but delivered on its strong order book in the meteorology and aviation markets, where the demand normalized in 2025 after two exceptionally strong years.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“To complement the success drivers of its strategy, Vaisala has identified four strategic priorities for execution to both sustain its market leadership and expand into new markets with growth opportunities. Vaisala 1) continues its growth in industrials with breakthrough technologies, 2) grows share of services and software revenue, 3) drives profitability as a global leader in weather, and 4) simplifies and scales its operations for greater impact and efficiency.”

Annual report 2025A · The company itself

Market

“The enhanced version includes oxygen and nitrogen as optional new parameters. Weather and Environment business area The Weather and Environment business area seeks growth by expanding its Xweather subscription business and drives profitability as a global leader in weather. The Weather and Environment business area plays a vital role in helping societies and businesses understand, mitigate, and adapt to climate risks and extreme weather.”

Annual report 2025A · The company itself

Chains in: Interest rates weakens, Energy security strengthens
Chains out: this strengthens Steel, strengthens Rare earths and critical raw materials, strengthens Renewables auctions and subsidies, strengthens Power grid expansion

Electricity

Raw materials and inputs

DriverPositive impact: strengthens

“Use of sold products We considered our products that are powered or charged with grid power. The calculation formula is ∑(number of products sold in the reporting period x total lifetime expected use hours of product x average power consumption x country-specific emission factor for electricity). Due to the long life cycles of our products, which can reach even 20 years, this category is our largest emission category.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“Opportunity Downstream Short, medium and long term Energy Vaisala has a negative impact on the environment through energy consumption in the value chains, especially when it's from non-renewable sources. Actual negative impact Upstream, The material negative impacts related to climate change mitigation and energy do not originate from and are not connected to Vaisala's strategy or business model but are connected to the electronics value chains in general.”

Annual report 2025A · The company itself

Market

“The new Vaisala DMP1 probe provides precise measurements in demanding dry processing conditions, such as those found in lithium-ion battery production, where humidity control is critical to the performance of manufactured batteries. For the growing power industry, Industrial Measurements introduced an enhanced version of its OPT100 DGA monitor for transformer online monitoring.”

Annual report 2025A · The company itself

Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion

Artificial intelligence

Technology

StrategyPositive impact: strengthens

“Through its products and technologies, Vaisala enables its customers to optimize critical production processes, accelerate energy transition and decarbonization, and protect people and assets from the impacts of climate change. Vaisala leverages artificial intelligence and machine learning to provide advanced weather intelligence, equipping customers with the data they need to make informed decisions and take timely protective actions.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Vaisala pins its strategy on four key success drivers: deep customer understanding and commercial excellence, product and technology leadership from sensors to digital solutions; excellence in supply chain; and purpose-driven culture and talent.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“To secure the technology and market leadership, Vaisala invests strongly in its growth markets and makes significant investments in research and development. In 2025, Vaisala’s research and development costs were EUR 68.3 (68.6) million, 11.4 (12.1) % of net sales.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“The primary drivers of this growth are the rapid expansion of Vaisala Xweather, which focuses on providing weather-related data, and the growth of the Industrial Measurements business area, which has products that typically consume less energy than those in the Weather and Environment business area.”

Annual report 2025A · The company itself

Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry

Data centres

Technology

Market

“Demand grew in all market segments with particularly strong growth in life science and power markets. Growth in the industrial market segment was driven by data center and semiconductor industries as well as orders from industrial OEM's.”

Annual report 2025A · The company itself

Market

“Net sales increased very strongly in the life science and power market segments. In industrial markets, net sales growth was driven by data center and semiconductor industries as well as sales to industrial OEM's.”

Annual report 2025A · The company itself

Market

“The business area is leveraging its solid foundation to accelerate growth with focus on key industries – life science, data centers, semiconductors, battery manufacturing, and power – as well as deepening customer relationships and accelerating services growth.”

Annual report 2025A · The company itself

Chains in: Artificial intelligence strengthens
Chains out: this strengthens Electricity, strengthens Copper

Healthcare and hospitals

End markets

Market

“Weather and Environment business area The Weather and Environment business area provides critical weather and climate measurements and intelligence through advanced instruments, systems, and subscription-based data and software services. It enables customers – ranging from energy, technology and insurance companies to meteorological institutes and airport operators – to ensure people’s safety, protection of property, and efficient operations. Key market segments are meteorology, aviation, roads, and renewable energy.”

Annual report 2025A · The company itself

Market

“Vaisala has no specific actions, targets or metrics related to safety, health, and well-being in society. Material impacts, risks and opportunities related to safety, health, and well-being in society (SBM-3) Vaisala’s material impact and opportunity related to safety, health, and well-being in society are presented in the accompanying table. The impact and opportunity are described, alongside information on which sustainability matter they relate to, where in the value chain they are Material impacts, risks and opportunities (IROs) related to safety, health, and well-being in society Sustainability matter IRO description IRO type Value chain part Expected time horizon when material Safety, health, and well-being in society Vaisala's products and services have a positive impact on safety, health, and well-being, e.g., monitoring conditions in life science, providing data on indoor and outdoor air quality, and improving the safety of societies.”

Annual report 2025A · The company itself

Market

“Actual positive impact Downstream Short, medium and long term Growing regulations and needs related to safety, health, and well-being increase the demand for Vaisala's products and services in, e.g., life sciences, HVAC, and transportation.”

Annual report 2025A · The company itself

Chains in: Ageing population strengthens, GLP-1 and obesity treatment mixed effect

Industrial manufacturing

End markets

StrategyPositive impact: strengthens

“To support its strategy execution and enable further growth, Vaisala also strengthened its sales capabilities within growth areas and made long-term investments in its Operations, where a new automated logistics center was completed during the year.”

Annual report 2025A · The company itself

Market

“In 2025, the Industrial Measurements business area’s net sales grew by 9% compared to the previous year and were EUR 247.8 (226.5) million. In constant currencies, net sales grew by 12%.”

Annual report 2025A · The company itself

Market

“review by business area Industrial Measurements business area The Industrial Measurements business area provides advanced measurement instruments and solutions that help customers across various industries optimize processes, reduce energy consumption, and improve quality and efficiency.”

Annual report 2025A · The company itself

Semiconductor industry

End markets

Market

“Demand grew in all market segments with particularly strong growth in life science and power markets. Growth in the industrial market segment was driven by data center and semiconductor industries as well as orders from industrial OEM's.”

Annual report 2025A · The company itself

Market

“Net sales increased very strongly in the life science and power market segments. In industrial markets, net sales growth was driven by data center and semiconductor industries as well as sales to industrial OEM's.”

Annual report 2025A · The company itself

Market

“The business area is leveraging its solid foundation to accelerate growth with focus on key industries – life science, data centers, semiconductors, battery manufacturing, and power – as well as deepening customer relationships and accelerating services growth.”

Annual report 2025A · The company itself

Chains in: Artificial intelligence strengthens

Utilities

End markets

Market

“Weather and Environment business area The Weather and Environment business area provides critical weather and climate measurements and intelligence through advanced instruments, systems, and subscription-based data and software services. It enables customers – ranging from energy, technology and insurance companies to meteorological institutes and airport operators – to ensure people’s safety, protection of property, and efficient operations. Key market segments are meteorology, aviation, roads, and renewable energy.”

Annual report 2025A · The company itself

Market

“The enhanced version includes oxygen and nitrogen as optional new parameters. Weather and Environment business area The Weather and Environment business area seeks growth by expanding its Xweather subscription business and drives profitability as a global leader in weather. The Weather and Environment business area plays a vital role in helping societies and businesses understand, mitigate, and adapt to climate risks and extreme weather.”

Annual report 2025A · The company itself

Market

“The business focuses on growing recurring revenue through Data as a Service and Solutions as a Service in core segments: transportation and logistics, energy and utilities, and finance and insurance.”

Annual report 2025A · The company itself

Automation and robotics

Technology

StrategyPositive impact: strengthens

“The construction of Vaisala’s new automated logistics center in Vantaa, Finland, which began in 2024, was completed in the third quarter 2025. The investment amounted to EUR 8.3 million. The new logistics center was gradually taken in use during the fourth quarter.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“With new automation technology, the facility centralizes Vaisala’s logistics operations in Finland, doubling the logistics capacity and ensuring fast and efficient deliveries to customers around the world. Operations continued advancing the Smart Factory concept focusing on scalability, increasing automation, and building new data capabilities.”

Annual report 2025A · The company itself

Batteries and energy storage

Technology

Market

“The business area is leveraging its solid foundation to accelerate growth with focus on key industries – life science, data centers, semiconductors, battery manufacturing, and power – as well as deepening customer relationships and accelerating services growth.”

Annual report 2025A · The company itself

Market

“The new Vaisala DMP1 probe provides precise measurements in demanding dry processing conditions, such as those found in lithium-ion battery production, where humidity control is critical to the performance of manufactured batteries. For the growing power industry, Industrial Measurements introduced an enhanced version of its OPT100 DGA monitor for transformer online monitoring.”

Annual report 2025A · The company itself

Carbon tax and ETS prices

Regulation

StrategyPositive impact: strengthens

“In September 2025, Vaisala announced an acquisition of its client, Quanterra Systems Ltd, a company specializing in atmospheric monitoring of CO₂ fluxes. With the acquisition, Vaisala is expanding its business in greenhouse gas measurements.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Conducting environmental assessments as part of the product design process (2024–2030) Identifying and implementing actions to reduce the carbon footprints of products (2024–2030) Supply chain decarbonization Supply chain emissions in relation to value added are reduced by identifying and implementing emission reduction actions in collaboration with suppliers.”

Annual report 2025A · The company itself

Chains out: this weakens Shipping and logistics, strengthens Energy efficiency, weakens Cement and building materials

EU climate and energy policy

Regulation

StrategyPositive impact: strengthens

“In September 2025, Vaisala announced an acquisition of its client, Quanterra Systems Ltd, a company specializing in atmospheric monitoring of CO₂ fluxes. With the acquisition, Vaisala is expanding its business in greenhouse gas measurements.”

Annual report 2025A · The company itself

Market

“To expand its capabilities in greenhouse gas measurements, Vaisala acquired Quanterra Systems, a company specializing in atmospheric monitoring of CO₂ fluxes, in September 2025. Quanterra offers sitespecific atmospheric carbon monitoring for nature-based industries such as agri-food and biofuels, as well as public and private research communities, including carbon certification and trading markets.”

Annual report 2025A · The company itself

Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency

Agriculture and food production

End markets

Market

“To expand its capabilities in greenhouse gas measurements, Vaisala acquired Quanterra Systems, a company specializing in atmospheric monitoring of CO₂ fluxes, in September 2025. Quanterra offers sitespecific atmospheric carbon monitoring for nature-based industries such as agri-food and biofuels, as well as public and private research communities, including carbon certification and trading markets.”

Annual report 2025A · The company itself

Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens

Banks and insurance

End markets

Market

“The business focuses on growing recurring revenue through Data as a Service and Solutions as a Service in core segments: transportation and logistics, energy and utilities, and finance and insurance.”

Annual report 2025A · The company itself

Cybersecurity (products and services)

Technology

StrategyPositive impact: strengthens

“Risks related to IT and critical software are managed through system redundancy and by having robust digital and IT security solutions and disaster recovery plans for critical services.”

Annual report 2025A · The company itself

Chains in: Cyber attacks and IT security risk strengthens
Chains out: this strengthens Digitalisation

Digitalisation

Technology

StrategyPositive impact: strengthens

“With new automation technology, the facility centralizes Vaisala’s logistics operations in Finland, doubling the logistics capacity and ensuring fast and efficient deliveries to customers around the world. Operations continued advancing the Smart Factory concept focusing on scalability, increasing automation, and building new data capabilities.”

Annual report 2025A · The company itself

Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT

Electrification

Technology

StrategyPositive impact: strengthens

“To complement the success drivers of its strategy, Vaisala has identified four strategic priorities for execution to both sustain its market leadership and expand into new markets with growth opportunities. Vaisala 1) continues its growth in industrials with breakthrough technologies, 2) grows share of services and software revenue, 3) drives profitability as a global leader in weather, and 4) simplifies and scales its operations for greater impact and efficiency.”

Annual report 2025A · The company itself

Chains out: this strengthens Electricity, strengthens Power grid expansion, strengthens Copper

Energy efficiency

Technology

StrategyPositive impact: strengthens

“Growing the share of services and software as well as less material-intensive and energy-consuming products in Vaisala’s portfolio (2024–2030) Product carbon footprint reduction Vaisala aims to minimize the carbon footprint of all its new products by designing products with lower material carbon footprints and lower energy consumption.”

Annual report 2025A · The company itself

Chains in: Carbon tax and ETS prices strengthens, EU climate and energy policy strengthens

Semiconductors and electronic components

Raw materials and inputs

Market

“The business area has a strong position in humidity, dew point, and carbon dioxide measurements. Key market segments are industrial, life science, and power.”

Annual report 2025A · The company itself

Chains in: Artificial intelligence strengthens

Shipping and logistics

End markets

Market

“The business focuses on growing recurring revenue through Data as a Service and Solutions as a Service in core segments: transportation and logistics, energy and utilities, and finance and insurance.”

Annual report 2025A · The company itself

Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens

Solar power

Technology

Market

“The business area launched advanced hail forecast alerts within the Xweather Protect severe weather monitoring platform. The new capability provides solar energy operators with precise, site-specific warnings up to 60 minutes before hailstorms strike, enabling critical asset protection measures.”

Annual report 2025A · The company itself

Subscription models

Technology

StrategyPositive impact: strengthens

“Subscription sales grew by 50%, boosted by the acquisitions of WeatherDesk and Speedwell Climate, which were closed during Q4/2024. Excluding the acquisitions, subscription sales increased by 9%.”

Annual report 2025A · The company itself

USD vs DKK/EUR

Macro

DriverNegative impact: weakens

“The depreciation of the US dollar and Chinese yuan negatively affected reported figures, particularly in the Industrial Measurements and subscription sales.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Depreciation of the US dollar and Chinese yuan against the euro had a negative impact on reported net sales in the Americas and APAC regions.”

Annual report 2025A · The company itself

Chains out: this mixed effect United States

Business cycle and GDP growth

Macro

DriverNegative impact: weakens

“The previous two years have been exceptional in the meteorology and aviation markets, driven by various modernization projects, and in 2025 these markets have normalized and returned to their historical growth rates. Renewable energy market faced headwinds in 2025 as Vaisala’s core wind resource assessment market slowed down significantly.”

Annual report 2025A · The company itself

Chains out: this strengthens Global trade volumes, strengthens Construction

Climate change and extreme weather

Macro

DriverNegative impact: weakens

“The material risk reported in the sustainability statement related to cessation or interruption of suppliers' production due to extreme weather phenomena is connected to supplier related risks, reported under operational risks in the Risk management section of this Annual Report. However, climate change is considered to materially increase the likelihood of supplier related risks only in the long term.”

Annual report 2025A · The company itself

Chains out: this weakens Agriculture and food production

Cyber attacks and IT security risk

Macro

DriverNegative impact: weakens

“The most significant operational risks for Vaisala’s operations relate to suppliers and potential extended unavailability or disruption of IT and other critical digital infrastructure, resulting from software failures, power outages, cyberattacks, malware, or similar causes. If realized, these risks could result in production delays or stoppages, major service unavailability, interruptions in operations, financial loss, or loss of critical data.”

Annual report 2025A · The company itself

Chains out: this strengthens Cybersecurity (products and services)

Tariffs and trade policy

Macro

DriverNegative impact: weakens

“Vaisala’s 2025 gross margin decreased to 55.2 (56.3) % mainly due to exchange rates impact, proportional impacts of the US tariffs, as well as decline in the high-margin renewable energy business.”

Annual report 2025A · The company itself

Chains in: Geopolitical uncertainty strengthens
Chains out: this weakens Global trade volumes

Europe

Geography

Geography

“Geographically, Vaisala’s 2025 net sales growth was driven by the Americas and EMEA regions, with both reaching double-digit growth compared to the previous year. In Americas, net sales growth was driven by strong Industrial Measurements sales and subscription sales. In EMEA, large project deliveries in the Weather and Environment business area supported the net sales growth.”

Annual report 2025A · The company itself

Geography

“Our direct suppliers are generally located close to our product development operations and manufacturing sites. We purchase subassemblies, components, and mechanical parts mainly from Finland, other European countries, and the United States. Our upstream supply chains resemble typical supply chains in the global electronics manufacturing industry.”

Annual report 2025A · The company itself

United States

Geography

Geography

“Geographically, Vaisala’s 2025 net sales growth was driven by the Americas and EMEA regions, with both reaching double-digit growth compared to the previous year. In Americas, net sales growth was driven by strong Industrial Measurements sales and subscription sales. In EMEA, large project deliveries in the Weather and Environment business area supported the net sales growth.”

Annual report 2025A · The company itself

Geography

“Our direct suppliers are generally located close to our product development operations and manufacturing sites. We purchase subassemblies, components, and mechanical parts mainly from Finland, other European countries, and the United States.”

Annual report 2025A · The company itself

Chains in: USD vs DKK/EUR mixed effect

Asia and emerging markets

Geography

Geography

“Despite the growth in Industrial Measurements, Vaisala’s net sales in the APAC region declined strongly, driven by the headwinds in the renewable energy markets.”

Annual report 2025A · The company itself

Denmark

Geography

Geography

“Operations outside Finland accounted for 99 (98) % of net sales.”

Annual report 2025A · The company itself

Competitors mentioned in the report

No named competitors in the report.

Financial figures

Revenue
latest fiscal year
0.6 bn EUR
Revenue growth
vs. the year before, same method
5.7 %
EBITDA
reported by the company
N/A
Net debt
debt incl. leasing minus cash
0.01 bn EUR
Diluted EPS
per share
1.64 EUR

Source: annual report (ESEF) A. See the report

Criteria

Profit✓
Growing✓
Healthy balance sheetN/A

Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.

Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.

This page describes what the company itself writes. It isn't an assessment and isn't a recommendation. Run an analysis to see how the company connects to your view.