Financial targets and achievements

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. Wärtsilä has not defined a time frame for the achievement of these financial targets.

Net sales

  • TARGET:  Our target is to grow faster than global GDP.
  • MEANS TO ACHIEVE THE TARGET: Focus on strengthening position in strategic growth markets.
  • DEVELOPMENT:  In 2015, Wärtsilä's net sales increased by 5% to EUR 5,029 million. Wärtsilä's CAGR 2005-2015 was 7.2%.

net sales_2015

Profitability

  • TARGET:  Our operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, our target is to keep the operating profit margin above 10%.
  • MEANS TO ACHIEVE THE TARGET: Enhanced performance through continuous improvement.
  • DEVELOPMENT:  In 2015, our operating profit was EUR 612 million, 12.2% of net sales.

profitability_2015

Capital structure

  • TARGET:  Our target is to maintain gearing below 0.50.
  • DEVELOPMENT: In 2015, our gearing was 0.17.

capital structure_2015

Dividend

  • TARGET:  Our target is to pay a dividend of at least 50% of earnings over the cycle.
  • DEVELOPMENT:  The Board of Directors proposes that a dividend of 1.20 euro per share be paid for the financial year 2015, which represents 53% of operational earnings.

dividend_2015

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