Financial targets and achievements

Wärtsilä introduced new combined financial targets for Marine and Energy, and separate new financial targets for the Energy Storage businesses on 1 April 2025. 

On 15 June 2026, Wärtsilä announced the establishment of a joint venture for its Energy Storage business, and in the second quarter of 2026 Wärtsilä Energy Storage will cease to be a separate reporting segment. At the same time, its financial targets will no longer apply, and demand guidance will be suspended. 

Marine and Energy, combined financial targets

  • 5% annual organic growth
  • 14% operating margin

Group, financial targets

  • Gearing below 0.5
  • Distribute a dividend of at least 50% of earnings