Wärtsilä (HEL) 15.19 -1.87 134,830 16/04/2024 11:51 OMXH Helsinki_PI 9,737.97 -0.65% 16/04/2024 11:48
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Financial Statements Bulletin 2023
Financial Statements Bulletin
Result presentation 
Webcast

Powerpoint Optimised Image-Crossing bridges

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)

Upcoming events

April 26, 2024

Interim Report January-March

May 7, 2024

Investor theme call: Marine 
Registration here

May 8, 2024

Roadshow in London

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

May 27, 2020, 16:30 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’s aggregate holding has crossed below the 5% disclosure limit on 26 May 2020.

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 Below 5% Below 5% Below 5% 591,723,390
Position of previous notification (if applicable) 4.48% 0.52% 5.00%

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 Below 5% Below 5%
SUBTOTAL A Below 5% Below 5%

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 Below 5% Below 5%
CFD N/A N/A Cash Below 5% Below 5%
SUBTOTAL B Below 5% Below 5%

Stock exchange releases

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

May 27, 2020, 16:30 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’s aggregate holding has crossed below the 5% disclosure limit on 26 May 2020.

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 Below 5% Below 5% Below 5% 591,723,390
Position of previous notification (if applicable) 4.48% 0.52% 5.00%

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 Below 5% Below 5%
SUBTOTAL A Below 5% Below 5%

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 Below 5% Below 5%
CFD N/A N/A Cash Below 5% Below 5%
SUBTOTAL B Below 5% Below 5%

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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