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    Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
    Wärtsilä (HEL) 10.37 -1.98 1,461,827 03/10/2023 18:29 OMXH Helsinki_PI 9,337.08 -1.11% 03/10/2023 18:35

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    April-June 2023

    • Order intake increased by 17% to EUR 1,687 million (1,440), of which organic growth was 21%
    • Service order intake increased by 13% to EUR 913 million (811)
    • Net sales increased by 3% to EUR 1,454 million (1,407), of which organic growth was 7%
    • Book-to-bill amounted to 1.16 (1.02)
    • Comparable operating result increased by 26% to EUR 108 million (85), which represents 7.4% of net sales (6.1).
    • Operating result decreased by 12% to EUR 66 million (75), which represents 4.5% of net sales (5.3).
    • Basic earnings per share decreased to 0.05 euro (0.09)
    • Cash flow from operating activities increased to EUR 75 million (-90)

    January-June 2023

    • Order intake increased by 22% to EUR 3,427 million (2,820), of which organic growth was 25%
    • Service order intake increased by 17% to EUR 1,802 million (1,543)
    • Order book at the end of the period increased by 5% to EUR 6,249 million (5,936)
    • Net sales increased by 11% to EUR 2,919 million (2,639), of which organic growth was 13%
    • Book-to-bill amounted to 1.17 (1.07)
    • Comparable operating result increased by 30% to EUR 196 million (151), which represents 6.7% of net sales (5.7)
    • Operating result increased by EUR 230 million to EUR 158 million (-72), which represents 5.4% of net sales (-2.7)
    • Basic earnings per share increased to 0.14 euro (-0.16)
    • Cash flow from operating activities increased to EUR 219 million (-213)

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

    Sep 18, 2023, 09:00 AM 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 AM 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%

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