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Welcome to Wärtsilä’s Capital Markets Day 2023

Wärtsilä Corporation, Press release 9 November 2023 at 09:00 UTC+2

Wärtsilä hosts a Capital Markets Day for investors, analysts, and representatives from banks and media today at 13:00–16:30 EET. During the event, Wärtsilä’s President & CEO Håkan Agnevall together with members of the Board of Management will provide information on the company's business environment, the strategic themes of Transform and Perform, and the roadmap to reach the reconfirmed financial targets.

“We have seen good progress on our journey of shaping the decarbonisation of the marine and energy industries. Our focus remains on two strategic themes, Transform and Perform. Transform refers to decarbonisation, creating new business opportunities by leveraging growth in electricity generation, balancing power, green marine transport and the related service businesses. The Perform theme centres around robust execution and leveraging market growth and the company’s commitment to both financial and sustainability targets.

We focus on improving profitability and continuing growth. Services are already half of our net sales, the quality of new build margins in the current order book is improving, and the performance culture is strengthening. We are also actively managing our business portfolio to support our strategy and financial targets. We have continuous growth in our core markets and segments, and we are the global market leader in major technologies for a sustainable future. By moving up the service value ladder, we create value for both our customers and shareholders”, says Håkan Agnevall, President & CEO of Wärtsilä.

The event will be held in English and can be followed via webcast at https://wartsila.videosync.fi/cmd-2023/register. There is an opportunity to ask questions in writing via the webcast platform. The presentation materials will be available on Wärtsilä’s website at https://www.wartsila.com/investors/IR-calendar/capital-markets-day-2023 at 13:00 EET.

Agenda of the event:

13:00 Shaping the decarbonisation of marine and energy – improving profitability and continuing growth Håkan Agnevall, President & CEO
Good progress towards financial targets with improving trend in profitability Arjen Berends, CFO & EVP
14:40 Break
15:00 Marine Power: Leading the decarbonisation of marine Roger Holm, President, Marine Power & EVP
Energy: Improved profitability, and continued growth driven by decarbonisation Anders Lindberg, President, Energy & EVP
Summary of key messages Håkan Agnevall, President & CEO
16:30 Event ends

Wärtsilä in brief

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki. www.wartsila.com