Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company's marine power portfolio includes engines, propulsion systems, hybrid technology, and integrated powertrain systems; marine systems comprising products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair, and electrical integrations; voyage solutions consists of bridge infrastructure, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end connected digital ecosystem for shipping; and decarbonization energy services include future-fuel enabled balancing power plants, hybrid solutions, energy storage, and optimization technology, such as the GEMS energy management platform. It provides power and propulsion products, such as electrical and power systems, engines and generating sets, propulsors and gears, and shaft line solutions; gas, ballast water management, freshwater generation, waste and wastewater treatment, and exhaust treatment solutions; and voyage and fleet optimization services comprising autonomy, simulation and training, fleet optimization and safety, integrated vessel control systems, port and traffic management, and dynamic positioning services. The company also offers spare parts and field services, technical support, maintenance and repair services, lifecycle upgrades and solutions, and training services. In addition, it provides products and solutions for energy storage, and engine and hybrid power plants. The company serves merchant vessels, gas carriers, cruise and ferry, navy, and special vessels segments; offshore installations and related industry vessels and land-based gas installations; and ship owners, shipyards, and ship management companies. Wärtsilä Oyj Abp was founded in 1834 and is headquartered in Helsinki, Finland.

Wärtsilä Oyj Abp

Wärtsilä Energy

Wärtsilä Marine

Wärtsilä Exhaust Treatment

Wärtsilä Gas Solutions

We enable sustainable societies through innovation in technology and services together with all our stakeholders – today and tomorrow.

We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. We work together with our strong ecosystem of partners every day, providing a wide portfolio of leading technologies and innovative solutions that offer our customers superior uptime, reliability and foreseeable lifecycle costs across their operations.

Our global passionate team of 17,500 energy and maritime experts in 200 locations in more than 70 countries is committed to shaping decarbonisation transformation of our industries across the globe.

Government of Norway

Wärtsilä

We are delighted to announce that our corporate website has been ranked #1 in Finland in Webranking results by Comprend, the annual ranking of corporate websites. The result shows that our website has improved its score by 8.5 points and performs well in Governance, About Us and Investor Relations.

Comprend evaluated the corporate websites of Finland's largest companies and how well they meet the demands of the capital market, media and job seekers. Out of 100 points, Wärtsilä received a score of 83.3.

In the latest Webranking results, Finnish companies have demonstrated remarkable performance, particularly in Investor Relations and Corporate Governance. Careers information is, however, still slightly behind the European average. Challenges include presenting information about work-life balance and flexible working.

Read more on Comprend's website. https://lnkd.in/gChyGt3T 

Johan Bäckman #webranking #Finland #governance #InvestorRelations

From Sri Lanka to Belize to Gabon, debt-for-nature swaps are helping countries facing financial stress to shore up their economy while fixing the environment. 🌏 

Kevin Bender of The Nature Conservancy and Martin Koehring, former Head of the World Ocean Initiative at Economist Impact, explain how this is a fast-growing and scalable solution for climate action. 🪸 
Read on here: https://wartsi.ly/3UkWyCX 

#ClimateFinance #BTLorg #DebtForNature

With over 30,000 individual pieces of space debris exceeding ten centimetres in size and an estimated one million smaller objects, a sea of space junk surrounds our planet. The sheer number of debris is seriously complicating the use and exploration of space.👩‍🚀

Is there a way to mitigate the impact of space debris, or will we see the equivalent of the Great Pacific Garbage Patch in space in our lifetime?

Experts Tim Flohrer of the European Space Agency - ESA and Emmanuelle David of the eSpace - EPFL Space Center explain how a new Space Sustainability Rating will help designers and operators of spacecraft measure space sustainability and improve their business prospects. 

Read on: https://wartsi.ly/3RL9ZsV

#SpaceSustainabilityRating #SSR #SpaceDebris #BTLorg

#HotOffThePress - Extended Wärtsilä agreement continues support for Carnival Corporation's fleet decarbonisation goals. 🌍

We are pleased to share that we have signed an agreement extension until 2030 with Carnival Corporation to the performance based agreement that has been in place since 2017.

The agreement covers maintenance, technical support, optimisation and fuel saving solutions for 57 cruise ships within the global Carnival Corporation fleet. By optimising the performance and efficiency of the ship's Wärtsilä engines, fuel consumption is reduced, which in turn lowers greenhouse gas emission levels. 

“We are pleased to continue and strengthen our long-term partnership with Carnival Corporation via this agreement extension. Wärtsilä can leverage on its vast experience, its in-house expertise, and its innovative approach to maintenance support to optimise performance and efficiency. The result benefits not only cruise operations, but the environment as a whole.”
- Andy Dickinson, Director PBL at Wärtsilä.

Learn more in our latest press release. 👉https://wartsi.ly/4bcYdk4 

Wärtsilä Marine | #PressRelease #PerformanceBasedAgreement #CruiseShips #maritime #decarbonisation

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	4.65B -	4.78B 2.69%	5.03B 5.25%	4.80B 4.57%	4.92B 2.56%	5.17B 5.10%	5.17B 0.08%	4.60B 10.95%	4.78B 3.78%	5.84B 22.29%	6.01B 2.94%
cost of revenue	2.49B -	2.62B 5.14%	2.67B 2.14%	2.48B 7.07%	2.52B 1.33%	2.77B 10.17%	2.85B 2.67%	2.64B 7.44%	2.69B 2.12%	3.67B 36.37%	3.42B 6.86%
gross profit	2.16B -	2.16B 0.14%	2.36B 9.02%	2.31B 1.74%	2.40B 3.89%	2.40B 0.21%	2.32B 3.25%	1.97B 15.25%	2.09B 6.00%	2.17B 4.12%	2.60B 19.52%
selling and marketing expenses
general and administrative expenses					71M -	89M 25.35%	144M 61.80%	116M 19.44%	119M 2.59%	158M 32.77%
selling general and administrative expenses					71M -	89M 25.35%	144M 61.80%	116M 19.44%	119M 2.59%	158M 32.77%
research and development expenses							175M -	165M 5.71%
other expenses	1.69B -	1.67B 1.07%	4M 99.76%	7M 75%	18M 157.14%	32M 77.78%	1.82B 5,578.13%	1.61B 11.28%	1.65B 2.54%	1.89B 14.10%
cost and expenses	4.18B -	4.29B 2.63%	4.47B 4.15%	4.28B 4.19%	4.39B 2.62%	4.68B 6.47%	4.81B 2.84%	4.36B 9.25%	4.46B 2.29%	5.71B 28.02%	5.61B 1.78%
operating expenses	1.69B -	1.67B 1.07%	1.79B 7.30%	1.79B 0.11%	1.87B 4.40%	1.90B 1.49%	1.96B 3.10%	1.73B 11.88%	1.77B 2.55%	2.04B 15.35%	2.19B 7.34%
interest expense	25M -	19M 24%	16M 15.79%	27M 68.75%	27M 0%	48M 77.78%	54M 12.50%	36M 33.33%	26M 27.78%	33M 26.92%	68M 106.06%
ebitda	628M -	629M 0.16%	684M 8.74%	683M 0.15%	658M 3.66%	652M 0.91%	545M 16.41%	387M 28.99%	469M 21.19%	287M 38.81%	634M 120.91%
operating income	500M -	522M 4.40%	587M 12.45%	532M 9.37%	552M 3.76%	543M 1.63%	362M 33.33%	234M 35.36%	314M 34.19%	145M 53.82%	402M 177.24%
depreciation and amortization	123M -	119M 3.25%	124M 4.20%	138M 11.29%	134M 2.90%	130M 2.99%	183M 40.77%	153M 16.39%	155M 1.31%	142M 8.39%	193M 35.92%
total other income expenses net	32M -	4M 87.50%	-10M 350%	-41M 310%	-25M 39.02%	4M 116.00%	-47M 1,275%	-43M 8.51%	-18M 58.14%	-177M 883.33%	-38M 78.53%
income before tax	507M -	494M 2.56%	553M 11.94%	479M 13.38%	506M 5.64%	502M 0.79%	315M 37.25%	191M 39.37%	296M 54.97%	-32M 110.81%	364M 1,237.50%
income tax expense	113M -	106M 6.19%	124M 16.98%	123M 0.81%	122M 0.81%	116M 4.92%	97M 16.38%	58M 40.21%	103M 77.59%	27M 73.79%	95M 251.85%
net income	391M -	347M 11.25%	444M 27.95%	352M 20.72%	384M 9.09%	386M 0.52%	217M 43.78%	134M 38.25%	194M 44.78%	-59M 130.41%	258M 537.29%
weighted average shs out	591.72M -	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	590.58M 0.19%	590.02M 0.09%	589.34M 0.12%
weighted average shs out dil	591.72M -	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.72M 0%	591.91M 0.03%	590.18M 0.29%	589.62M 0.09%
eps	0.66 -	0.59 10.61%	0.75 27.12%	0.60 20.00%	0.63 5.00%	0.65 3.17%	0.37 43.08%	0.23 37.84%	0.33 43.48%	-0.10 130.30%	0.44 540%
epsdiluted	0.66 -	0.59 10.61%	0.75 27.12%	0.60 20.00%	0.63 5.00%	0.65 3.17%	0.37 43.08%	0.23 37.84%	0.33 43.48%	-0.10 130.30%	0.44 540%

WRT1

COM:WARTSILA

Wärtsilä Corporation

Last Close

17.82

25/11 09:40

Market Cap

10.70B

Beta: -

Volume Today

52.22K

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