WRTBF - Wärtsilä Oyj Abp (WRTBF) Q2 2025 Earnings Call Transcript
2025-07-18 13:35:53 ET
Wärtsilä Oyj Abp (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
Presentation
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....
Wärtsilä Oyj Abp (WRTBF) Q2 2025 Earnings Call Transcript