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Financial data
The latest financial information of the Vaisala Group is available in the annual report, interim reports and related CEO presentations.
-------------------------------------------------------------Year 2008 in brief
The net sales of the Vaisala Group grew over 8 percent in 2008 to EUR 242.5 million. The strongest growth was in Asia-Pacific where net sales grew nearly 28 percent. The company's result was burdened by ongoing development projects. The unfavorable exchange rates also had an impact on the result. Of the business areas, Vaisala Measurement Systems, Vaisala Instruments and Vaisala Solutions all increased their net sales, whereas the Services business was affected by personnel and infrastructure-related development costs.
The Group completed the new customer-driven strategy, and the organization and operating model aligned with it. The renewal was announced in November 2008 and the new organization became operational at the beginning of 2009. The most significant difference between the old and the new strategy is the change from a product-driven to a market-driven model. Dspite the challenging economic situation and the unfavorable shifts of currency exchange rates, Vaisala has managed to maintain its strong market position and grow its net sales. The strong order backlog will ensure a good start for 2009. The global economic recession has not yet affected Vaisala significantly, but the company is monitoring the developments very closely. We continue to resolutely execute our new strategy, which will require significant investments. We aim to further strengthen Vaisala's position as the world leader in environmental measurement.
