Wartsila Corp (OHEL:WRT1V)
€ 18.835 0.275 (1.48%) Market Cap: 11.10 Bil Enterprise Value: 10.85 Bil PE Ratio: 29.43 PB Ratio: 4.97 GF Score: 74/100

Q2 2023 Wartsila Oyj Abp Earnings Call Transcript

Jul 21, 2023 / 07:00AM GMT
Release Date Price: €11.38 (+7.92%)
Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

¤¤-

Good morning, everybody, and welcome to this news conference for Wärtsilä half year financial report. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Hakan Agnevall, will go through the group highlights, segment performance. And then after that, our CFO, Arjen Berends, will continue with key financials.

After the presentation, it's a possibility to ask questions, and let's take one question at time. Hakan, please?

Hakan Agnevall;rtsilÃ;Oyj Abp;President
WÃ;CEO & Member of Management Board

¤¤- -

Thank you, Hanna-Maria, and a warm welcome, everybody, to a summary of the second quarter, that was definitely a step in the right direction. So improved profitability, and we continue to grow in services side. So order intake up by 17%, net sales increased by 3%, and we continue to see the good progress in services. So service order intake

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot