Wärtsilä Oyj Abp (OTCPK:WRTBF) Q2 2025 Earnings Conference Call July 18, 2025 3:00 AM ET
Company Participants
Arjen Berends – CFO, Executive VP & Member of the Board of Management
Hakan Agnevall – President, CEO & Member of Management Board
Hanna-Maria Heikkinen – Vice President of Investor Relations
Conference Call Participants
Akash Gupta – JPMorgan Chase & Co, Research Division
Antti Kansanen – SEB, Research Division
Louis Billon – Unidentified Company
Max R. Yates – Morgan Stanley, Research Division
Panu Laitinmäki – Danske Bank A/S, Research Division
Sven Weier – UBS Investment Bank, Research Division
Tomas Skogman – DNB Carnegie, Research Division
Uma Jun Samlin – BofA Securities, Research Division
Vivek Midha – Citigroup Inc., Research Division
Hanna-Maria Heikkinen
Good morning, and welcome to this news conference for Wärtsilä Q2 ’25 results. My name is Hanna-Maria Heikkinen, and I’m incharge of Investor Relations.
Today, our CEO, Hakan Agnevall, will start with the group highlights. He will continue with the business performance; and after that, our CFO, Arjen Berends, will continue with the key financials. After the presentation, there is a good time for Q&A. Please, Hakan, time to start.
Hakan Agnevall
Yes. Thank you, Hanna-Maria and a warm welcome to everybody online. If we sum up the whole quarter, it’s been a very strong quarter for Wärtsilä. Order intake, net sales, operating results and cash flow all increased. So order intake increased by 18% to EUR 2.2 billion, which led us into an all-time high order book of close to EUR 8.8 billion. Net sales went up with 11% to EUR 1.7 billion, and we continue to improve our operating margin and comparable operating results increased by 18%, EUR 207 million, and we are now at 12% of net sales.
And on the operating results, we increased it by 11% to EUR
Read the full article here
