Wärtsilä (WRT1V) Corporate presentation summary

Strategic direction and decarbonisation focus

• Positioned as a global leader in marine and energy technology, driving decarbonisation through innovation and lifecycle solutions.

• Strategic priorities include customer value creation, high-performing teams, decarbonisation leadership, service growth, and continuous value chain improvement.

• Committed to enabling sustainable societies via technology and services, with a clear roadmap for continuous improvement and leadership development.

• Decarbonisation targets include a zero-carbon-ready product portfolio and carbon-neutral operations by 2030, plus a 25% reduction in supplier GHG emissions.

• Sustainability is embedded in purpose, strategy, and operations, with measurable targets and regular progress monitoring.

Financial performance and targets

• Achieved record order intake of €8,072 million (+14%) and net sales of €6,449 million (+7%) in 2024, with 53% from services.

• Operating result reached €716 million (11.1% of net sales), and comparable operating result rose 39% to €694 million.

• Board proposes a dividend of €0.44 per share for 2024, maintaining a target of at least 50% of earnings distributed.

• Gearing improved to -0.31, well below the target of 0.50, supporting a strong balance sheet.

• Five-year CAGR for organic net sales was 9%, with financial targets of 5% annual organic growth and 12% operating margin.

Business segments and global reach

• Marine segment contributed 47% of net sales, focusing on fuel-flexible engines, hybrid tech, and digital solutions for decarbonisation.

• Energy segment accounted for 42% of net sales, leading in flexible engine power plants, energy storage, and renewable integration.

• Portfolio Business (11% of net sales) includes units targeted for performance improvement or divestment.

• Operations span 230 locations in 77 countries, with 18,300 employees and a diverse, inclusive workforce.

• Net sales geographically split: Europe 33%, Americas 28%, Asia 26%, Other 13%.