Wärtsilä’s target is to improve its financial performance and create added value for its stakeholders and society. Wärtsilä’s financial goal is to offer investors a competitive return on their investment through profitable growth.
The average growth target for our annuals sales is 6-7% over the cycle. The growth target for the Ship Power and Power Plants businesses is 4% and for the Services business 10-15%. Our operating profit target (EBIT%) is 8-10% of net sales over the cycle with a range of +/- 2%. Our solvency target is 35-40%.
Wärtsilä's prospects for 2010
(From the Financial Statements Bulletin 2009 published 28th January 2010)
Due to the weakness of the shipbuilding sector we expect net sales to decline by 10-20 percent in 2010. As a result of a stable service business, good demand for power plants and proper adaptation of capacity, our operational profitability (EBIT% before nonrecurring items) should be between 9-10 %, well within the upper end of our long-term target range.
Dividend policy
Wärtsilä’s target is to pay a dividend equivalent to 50% of operational earnings per share.
Related information
Strategy
