Wärtsilä redefines its financial targets

Wärtsilä Corporation
  • Stock exchange release
28 January 2011 at 10:20 AM FLE Standard Time

Wärtsilä has redefined its long-term financial targets. Our target is to grow faster than global GDP. 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 operating profit margin above 10%. Our target is to maintain gearing below 50%. Our target is to pay a dividend equivalent to 50% of earnings per share.

For further information, please contact:

Raimo Lind
Executive Vice President & CFO
Tel: +358 10 709 5640

Joséphine Mickwitz
Director, Investor Relations
Tel: +358 400 784 889

For press information, please contact:

Atte Palomäki
Group Vice President, Communications & Branding
Tel: +358 40 547 6390