Vaisala 2014-2018 strategy and long-term financial targets
Vaisala’s Board of Directors has confirmed the 2014-2018 strategy. Vaisala’s goal of profitable growth will be achieved through the implementation of the strategic themes: creation of customer value, reliability, and simplification.
In Weather Business Area additional customer value will be created by building new business around decision support services that are offered to renewable energy, aviation and roads customers. Controlled Environment Business Area will focus on enhancing offering and developing the sales channel for life science and industrial customers in order to create value for customers’ operations.
Reliability will create customer satisfaction and loyalty. High quality of products and services, well-functioning customer service and on-time actions will deliver reliable customer experience.
Simplification will create operational efficiency. Optimized global networks, streamlined supply chains, common capabilities and continual improvement in all functions will ensure increased efficiency of Vaisala’s operations.
Vaisala’s long-term financial targets
Growth: Vaisala targets an average annual growth of 5%. In selected growth businesses such as renewable energy and life science the target is to exceed 10% annual growth.
Profitability: Vaisala’s objective is profitable growth and the target is to achieve 15% operating profit (EBIT) margin towards the end of the period.
Vaisala does not consider the long-term financial targets as market guidance for any given year.
Vaisala’s Capital Markets Day
Vaisala is hosting a Capital Markets Day in Vantaa on May 26, 2014. At the event, Vaisala’s top management will provide an update on the company’s strategic direction, development projects and near-term business priorities. Further information about the Capital Markets Day is available at www.vaisala.com/investors.
The forward-looking statements in this release are based on the current expectations, known factors, decisions and plans of Vaisala’s management. Although the management believes that the expectations reflected in these forward-looking statements are reasonable, there is no assurance that these expectations would prove to be correct. Therefore, the results could differ materially from those implied in the forward-looking statements, due to for example changes in the economic, market and competitive environments, regulatory or other government-related changes, or shifts in exchange rates.
Vaisala is a global leader in environmental and industrial measurement. Building on 78 years of experience, Vaisala contributes to a better quality of life by providing a comprehensive range of innovative observation and measurement products and services for chosen weather-related and industrial markets. Headquartered in Finland, Vaisala employs approximately 1,500 professionals worldwide and is listed on the NASDAQ OMX Helsinki stock exchange. www.vaisala.com www.twitter.com/VaisalaGroup
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