Wartsila Corp (OHEL:WRT1V)
€ 18.56 0.31 (1.7%) Market Cap: 10.93 Bil Enterprise Value: 10.53 Bil PE Ratio: 23.21 PB Ratio: 4.26 GF Score: 76/100

Q4 2023 Wartsila Oyj Abp Earnings Call Transcript

Jan 31, 2024 / 08:00AM GMT
Release Date Price: €13.7 (+4.42%)
Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

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Everybody, and welcome to this news conference for Wärtsilä Results 2023. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Håkan Agnevall, will start with the group highlights, business performance. And after that, our CFO, Arjen Berends, will continue with the key financials. After the presentation, there is a possibility to ask questions.

Please, HÃ¥kan, time to start.

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

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Yes. Thank you, Hanna-Maria, and a warm welcome to today's session. Focusing on 2023, it was a good step in the right direction for Wärtsilä. We improved in many areas, and we managed to have all-time high order intake, net sales, and cash flow. And we are improving our profitability. We have a clear path to our 12% operating margin target, but more about that.

So order

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