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Wartsila Oyj Abp
DUS:MTA

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Wartsila Oyj Abp
DUS:MTA
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Price: 30.54 EUR 0.73% Market Closed
Market Cap: 11.5B EUR

Wartsila Oyj Abp
Investor Relations

Wärtsilä Oyj Abp, a storied name in the industrial landscape, traces its roots back to 1834 in Finland. The company has evolved over the decades, weaving itself into the very fabric of the global energy and marine sectors. Initially prominent in the timber business, Wärtsilä pivoted into shipbuilding and ultimately found its niche in the production of power solutions for the maritime and energy markets. Today, Wärtsilä is a leading provider of advanced technologies and lifecycle solutions, which are critical in the era of decarbonization and digitalization. Anchored in innovation, Wärtsilä designs and manufactures engines, propulsion systems, and power plants that serve both traditional and renewable energy models, earning its revenues through the sale of these systems and the ensuing long-term service agreements.

At the heart of Wärtsilä’s business model is its commitment to sustainable innovation. As global pressures mount to reduce carbon footprints, the company has strategically positioned itself as a key player in the transition to cleaner energy and more efficient maritime operations. Wärtsilä accomplishes this through a dual focus: it invests heavily in research and development to advance its product offerings, while concurrently expanding its service portfolio to include maintenance, performance optimization, and digital solutions. These services are designed to enhance efficiency and reliability for customers, creating a recurring revenue stream that complements their initial sales. As the energy landscape transforms, Wärtsilä's ability to adapt and cater to emerging needs ensures its pivotal role in guiding industries toward a more sustainable future.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 28, 2025
AI Summary
Q3 2025

Solid Profitability: Comparable operating result rose 10%, with operating margin climbing to 14.1% of sales, supported by improved performance in both Marine and Energy businesses.

Order Book Strength: Order book reached EUR 8.6 billion, up 14% year-to-date, reflecting robust demand especially in Marine and Engine-based Energy solutions.

Mixed Sales Performance: Net sales declined 5% to EUR 1.6 billion, mainly due to timing of Energy deliveries, which are now expected to be heavily weighted to Q4.

Record Cash Flow: Operating cash flow hit EUR 340 million, the highest in at least 50 years, and net interest-bearing debt is now a negative EUR 1.4 billion.

Energy Storage Weakness: Order intake for energy storage equipment was nearly zero in Q3, down 79%, but management expects a clear pick-up in Q4 with initial orders already booked.

Positive Outlook: Demand for Marine is expected to be better than last year, Energy demand similar, and Storage demand to improve, although high external uncertainties persist.

Key Financials
Order Intake
EUR 1.8 billion
Order Book
EUR 8.6 billion
Net Sales
EUR 1.6 billion
Comparable Operating Result
EUR 195 million
Operating Result
EUR 230 million
Operating Margin
14.1%
Comparable Operating Margin (12-month rolling)
11.6%
Book-to-Bill Ratio
1.1
Operating Cash Flow
EUR 340 million
Net Interest-Bearing Debt
EUR -1.4 billion
Return on Capital Employed (ROCE)
51.1%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Arjen Berends M.B.A.
CFO, Executive VP & Member of the Board of Management
No Bio Available
Mr. Kari Hietanen L.L.M.
Executive VP of Corporate Relations & Legal Affairs, Secretary and Member of Board of Management
No Bio Available
Mr. Roger Holm MSc (Econ.)
President of Marine Power, Executive VP & Member of the Board of Management
No Bio Available
Ms. Tamara De Gruyter
President of Wartsila Marine Systems, EVP, Head of Portfolio Business & Member of Management Board
No Bio Available
Ms. Teija Sarajarvi M.A.
Executive VP of Human Resources & Member of Management Board
No Bio Available
Mr. Anders Lindberg
President of Energy, Executive VP & Member of Management Board
No Bio Available
Mr. Tuomas Salosaari
Chief Information Officer
No Bio Available
Ms. Hanna-Maria Heikkinen M.Sc., M.Sc. (Econ.)
Vice President of Investor Relations
No Bio Available
Ms. Sari Kolu
Director of Compliance
No Bio Available
Mr. Marko Vainikka
Vice President of Corporate Relations & Sustainability
No Bio Available

Contacts

Address
ETELA-SUOMEN
Helsinki
Hiililaiturinkuja 2
Contacts
+358107090000.0
www.wartsila.com