Financial targets and achievements

TARGET
Wärtsilä's target is to grow faster than global GDP.

MEANS TO ACHIEVE THE TARGET
Focus on strengthening position in strategic growth markets.

DEVELOPMENT
In 2018, net sales increased by 5% to EUR 5,174 million.

TARGET
Wärtsilä's operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, the target is to keep the operating profit margin above 10%.

MEANS TO ACHIEVE THE TARGET
Enhanced performance through continuous improvement.

DEVELOPMENT
In 2018, the comparable operating result was EUR 577 million, which represents 11.2% of net sales.

TARGET
Wärtsilä's target is to maintain gearing below 0.50.

DEVELOPMENT
In 2018, gearing was 0.14.