Wärtsilä redefines its financial targets

Wärtsilä Corporation
  • Stock exchange release
28 January 2011 at 10:20 AM E. Europe 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
raimo.lind@wartsila.com

Joséphine Mickwitz
Director, Investor Relations
Tel: +358 400 784 889
josephine.mickwitz@wartsila.com

For press information, please contact:

Atte Palomäki
Group Vice President, Communications & Branding
Tel: +358 40 547 6390
atte.palomaki@wartsila.com
 

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