Wärtsilä (HEL) 15.23 -1.93 614,434 19/04/2024 18:29 OMXH Helsinki_PI 9,837.57 0.71% 19/04/2024 18:35
7V2A9932

Financial Statements Bulletin 2023
Financial Statements Bulletin
Result presentation 
Webcast

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Annual Report 2023 has been published
Annual Report 2023

Marine

Roadshow presentation 2024
Roadshow presentation April 2024

_MG_6688-2

Pre-silent call Q1 with CFO Arjen Berends 3 April 2024
Meeting recording

CEO Strategy Call with the CEO Håkan Agnevall 29 February 2024
Meeting recording

October-December 2023

  • Order intake increased by 13% to EUR 1,856 million (1,638), and the organic growth, which excludes FX impact and the impact of acquisitions and divestments, was 21%
  • Service order intake increased by 11% to EUR 876 million (791)
  • Net sales decreased by 7% to EUR 1,644 million (1,770), and the organic decrease was 3%
  • Book-to-bill amounted to 1.13 (0.93)
  • Comparable operating result increased by 90% to EUR 177 million (93), which represents 10.8% of net sales (5.3)
  • Operating result increased by 248% to EUR 128 million (37), which represents 7.8% of net sales (2.1)
  • Basic earnings per share increased to 0.16 euro (0.05)
  • Cash flow from operating activities increased to EUR 389 million (51)

January-December 2023

  • Order intake increased by 16% to EUR 7,070 million (6,074), and the organic growth was 22%
  • Service order intake increased by 15% to EUR 3,519 million (3,066)
  • Order book at the end of the period increased by 13% to EUR 6,694 million (5,906)
  • Net sales increased by 3% to EUR 6,015 million (5,842), and the organic growth was 7%
  • Book-to-bill amounted to 1.18 (1.04)
  • Comparable operating result increased by 53% to EUR 497 million (325), which represents 8.3% of net sales (5.6)
  • Operating result increased by EUR 427 million to EUR 402 million (-26), which represents 6.7% of net sales (-0.4)
  • Basic earnings per share increased to 0.44 euro (-0.11)
  • Cash flow from operating activities increased to EUR 822 million (-62)
  • Dividend proposal 0.32 euro per share (0.26)

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May 7, 2024

Investor theme call: Marine 
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May 8, 2024

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Latest releases

Press releases

Wärtsilä appoints Sushil Purohit as President of the Energy business

Jul 3, 2020, 09:30 by Wärtsilä Corporation

Mr Sushil Purohit (48), B.Sc. (Eng.), MBA, has been appointed President of Wärtsilä Energy, Executive Vice President, and member of the Board of Management of Wärtsilä Corporation, effective 3 August 2020. In this position, he is responsible for Wärtsilä's Energy business globally and will report to President & CEO Mr Jaakko Eskola.The current Head of Wärtsilä Energy, Mr Marco Wirén, leaves Wärtsilä to become the CFO of Nokia Corporation, as announced earlier.

Mr Purohit joined Wärtsilä in 1998 as a sales support engineer and has since held several key sales and management positions in various geographies in the Energy business. As of January, Mr Purohit has led the Energy business in the Americas, which has recently become Wärtsilä’s most active area for power plant projects and services.

“I am very pleased to have Sushil join our executive team and lead the Energy business. With a Wärtsilä-career of more than 22 years, he has the expertise and experience needed to secure Wärtsilä’s leading position in the ongoing energy transition. His open leadership style and likeable personality have resulted in great success in implementing our strategy and gaining the trust of customers,” says Jaakko Eskola, President & CEO of Wärtsilä Corporation.

“I am truly humbled by this opportunity. Wärtsilä is extremely well-positioned in the energy markets, and we have great potential for the future. With a team of highly-skilled and motivated people, streamlined end-to-end organisation, market-leading technology, and a relentless focus on innovation, we are committed to playing a significant part in decarbonising the energy infrastructure across the globe,” Sushil Purohit comments his appointment.
 

For further information, please contact:

Atte Palomäki
Executive Vice President, Communications, Branding & Marketing
Wärtsilä Corporation
Tel: +358 10 709 5599
atte.palomaki@wartsila.com

Sushil Purohit
Vice President, Energy Business, Americas
Wärtsilä Corporation
Tel: +65 9771 3424
sushil.purohit@wartsila.com

For investor information, please contact:

Natalia Valtasaari 
Vice President, Investor Relations
Wärtsilä Corporation 
Tel: +358 10 709 5637 
natalia.valtasaari@wartsila.com
 

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

Stock exchange releases

Wärtsilä appoints Sushil Purohit as President of the Energy business

Jul 3, 2020, 09:30 by Wärtsilä Corporation

Mr Sushil Purohit (48), B.Sc. (Eng.), MBA, has been appointed President of Wärtsilä Energy, Executive Vice President, and member of the Board of Management of Wärtsilä Corporation, effective 3 August 2020. In this position, he is responsible for Wärtsilä's Energy business globally and will report to President & CEO Mr Jaakko Eskola.The current Head of Wärtsilä Energy, Mr Marco Wirén, leaves Wärtsilä to become the CFO of Nokia Corporation, as announced earlier.

Mr Purohit joined Wärtsilä in 1998 as a sales support engineer and has since held several key sales and management positions in various geographies in the Energy business. As of January, Mr Purohit has led the Energy business in the Americas, which has recently become Wärtsilä’s most active area for power plant projects and services.

“I am very pleased to have Sushil join our executive team and lead the Energy business. With a Wärtsilä-career of more than 22 years, he has the expertise and experience needed to secure Wärtsilä’s leading position in the ongoing energy transition. His open leadership style and likeable personality have resulted in great success in implementing our strategy and gaining the trust of customers,” says Jaakko Eskola, President & CEO of Wärtsilä Corporation.

“I am truly humbled by this opportunity. Wärtsilä is extremely well-positioned in the energy markets, and we have great potential for the future. With a team of highly-skilled and motivated people, streamlined end-to-end organisation, market-leading technology, and a relentless focus on innovation, we are committed to playing a significant part in decarbonising the energy infrastructure across the globe,” Sushil Purohit comments his appointment.
 

For further information, please contact:

Atte Palomäki
Executive Vice President, Communications, Branding & Marketing
Wärtsilä Corporation
Tel: +358 10 709 5599
atte.palomaki@wartsila.com

Sushil Purohit
Vice President, Energy Business, Americas
Wärtsilä Corporation
Tel: +65 9771 3424
sushil.purohit@wartsila.com

For investor information, please contact:

Natalia Valtasaari 
Vice President, Investor Relations
Wärtsilä Corporation 
Tel: +358 10 709 5637 
natalia.valtasaari@wartsila.com
 

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

Latest blog posts

9 Apr 2024 · Blog post
Summary of the Q1 2024 Pre-silent call
Pre-silent call for the first quarter of 2024 was held on 3 April 2024 with our CFO Arjen Berends. In this...
11 Mar 2024 · Blog post
Highlights from the CEO strategy call
We hosted a strategy call with our CEO Håkan Agnevall on February 29. The CEO strategy calls aim to offer an...
31 Jan 2024 · Blog post
Key messages and Q&A on Financial Statement Bulletin 2023
Wärtsilä published its Financial Statement Bulletin 2023 on Wednesday 31 January 2024 at...

Investor relations contacts

Please contact Ms Janine Tourneur regarding investor meeting requests.

Janine Tourneur

Ms Janine Tourneur
Executive Assistant
tel. +358 10 709 5645
e-mail: janine.tourneur@wartsila.com
LinkedIn

Hanna-Maria Heikkinen

Ms Hanna-Maria Heikkinen
Vice President, Investor Relations
tel. +358 10 709 1461
email: hanna-maria.heikkinen@wartsila.com 
LinkedIn

Mr Samu Heikkilä
Senior Manager, Investor Relations
tel. +358 10 709 1121
e-mail: samu.heikkila@wartsila.com

Ms Maija Hongas
Senior Manager, Investor Relations
tel. +358 10 709 3178
e-mail: maija.hongas@wartsila.com

Ms Noora Suni
Investor Relations Specialist
tel. +358 10 709 1101
e-mail: noora.suni@wartsila.com

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