)

Wärtsilä (WRT1V) investor relations material
Wärtsilä Pre-Silent Call summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Significant progress in portfolio divestments, with ANCS removed from Q3 numbers and Marine Electrical Systems sale expected to close by end of 2025.
Order books in both marine and energy divisions support internal targets for the year, with a sales peak in energy expected in Q4.
Shift from EPC to EEQ in energy changes revenue recognition to a more delivery-based, less linear pattern.
Decarbonization and fuel efficiency remain key market drivers, with strong service and retrofit activity in marine.
Data center opportunities are growing, with several large orders under negotiation globally.
Trading performance and revenue trends
Divestment of ANCS completed on 1 July, removing its contribution from Q3/2025 and impacting the order book by approximately -€260M.
ANCS generated annual revenue close to €230M in 2024 and was the most profitable unit in the Portfolio Business.
Good order book for the remainder of 2025 in both Marine and Energy equipment businesses, with a delivery peak expected in Q4/2025.
Revenue recognition in energy is now more volatile due to the shift to EEQ, with sales recognized upon delivery.
Service order intake in marine showed quarter-to-quarter volatility, but the long-term trend remains positive.
Profitability and margins
Divestment of ANCS, the most profitable portfolio unit, is expected to have a positive impact of about €30 million on 2025 results, subject to final adjustments.
Energy storage faces margin pressure due to increased competition in active markets outside the U.S.
No major impact anticipated from new tariffs, as costs are passed to customers.
Next Wärtsilä earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage