Wärtsilä (HEL) 19.14 3.52 300,163 22/07/2024 16:10 OMXH Helsinki_PI 9,933.02 -0.78% 22/07/2024 16:07

Financial figures

March-June 2024

1,854 MEUR

Order intake

1,556 MEUR

Net sales

176 MEUR

Comparable operating result

  • Order intake increased by 10% to EUR 1,854 million (1,687), and the organic growth, which excludes FX impact and the impact of acquisitions and divestments, was 12%
  • Service order intake increased by 8% to EUR 982 million (913)
  • Net sales increased by 7% to EUR 1,556 million (1,454), and organic growth was 9%
  • Book-to-bill amounted to 1.19 (1.16)
  • The comparable operating result increased by 63% to EUR 176 million (108), which represents 11.3% of net sales (7.4)
  • The operating result increased by 156% to EUR 168 million (66), which represents 10.8% of net sales (4.5)
  • Earnings per share increased to 0.20 euro (0.05)
  • Cash flow from operating activities increased to EUR 216 million (75)

Upcoming events

July 19, 2024

Half year financial report

August 21-22, 2024

SEB Nordic Large Cap Seminar

September 5, 2024

Morgan Stanley Industrial CEOs Unplugged

Quick links

Latest releases

Press releases

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

Sep 18, 2023, 09:00 by Wärtsilä Corporation

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

BlackRock, Inc. has informed Wärtsilä Corporation that it has crossed above the 5% disclosure limit on total holding in shares and voting rights on 14 September 2023. Following the transaction, BlackRock, Inc. owns 5.03% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.12%.

Total position of BlackRock, Inc. and its funds subject to the notification:

% of shares and voting rights % of shares and voting rights through financial instruments Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 5.03% 0.08% 5.12% 591,723,390
Position of previous notification (if applicable) 4.95% 0.08% 5.03%

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Class / type of shares Number of shares and voting rights % of shares and voting rights
Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009003727 29,817,642 5.03%
SUBTOTAL A 29,817,642 5.03%

B: Financial instruments according to SMA 9:6a

Type of financial instrument Expiration date Exercise / Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
Securities Lent N/A N/A Physical 21,891 0.00%
CFD N/A N/A Cash 486,393 0.08%
SUBTOTAL B 508,284 0.08%

Stock exchange releases

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

Sep 18, 2023, 09:00 by Wärtsilä Corporation

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

BlackRock, Inc. has informed Wärtsilä Corporation that it has crossed above the 5% disclosure limit on total holding in shares and voting rights on 14 September 2023. Following the transaction, BlackRock, Inc. owns 5.03% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.12%.

Total position of BlackRock, Inc. and its funds subject to the notification:

% of shares and voting rights % of shares and voting rights through financial instruments Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 5.03% 0.08% 5.12% 591,723,390
Position of previous notification (if applicable) 4.95% 0.08% 5.03%

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Class / type of shares Number of shares and voting rights % of shares and voting rights
Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009003727 29,817,642 5.03%
SUBTOTAL A 29,817,642 5.03%

B: Financial instruments according to SMA 9:6a

Type of financial instrument Expiration date Exercise / Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
Securities Lent N/A N/A Physical 21,891 0.00%
CFD N/A N/A Cash 486,393 0.08%
SUBTOTAL B 508,284 0.08%

Latest blog posts

19 Jul 2024 · Blog post
Key messages and Q&A on Half-year Financial Report January–June 2024
Wärtsilä published its Half-year Financial Report for January–June 2024 on...
20 Jun 2024 · Blog post
Summary of the Q2 2024 Pre-silent call
Pre-silent call for the second quarter of 2024 was held on 19 June 2024 with our CFO Arjen Berends. In this...
12 Jun 2024 · Blog post
Highlights from the CEO strategy call Q2 2024
We hosted a strategy call with our CEO Håkan Agnevall on June 6. The CEO strategy calls aim to offer...

Investor relations contacts

Please contact Ms Janine Tourneur regarding investor meeting requests.

Ms Janine Tourneur

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

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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