Record Order Intake and High Order Book
Order intake increased by 18% to EUR 2.2 billion, leading to an all-time high order book of EUR 8.8 billion.
Strong Financial Performance
Net sales increased by 11% to EUR 1.7 billion. Comparable operating results increased by 18% to EUR 207 million, with a 12% margin of net sales.
Positive Developments in Marine and Energy Segments
Marine order intake was up 14%, and Energy order intake increased by 93%, achieving an all-time high. Net sales in Marine and Energy grew by 14% and 31% respectively.
First Engine Power Plant for U.S. Data Centers
Wärtsilä secured a 282 MW flexible engine power plant order for a data center project in Ohio, marking its entry into the U.S. data center market.
Launch of Carbon Capture Solution
Wärtsilä launched a commercially viable carbon capture solution for the shipping market, capable of reducing CO2 emissions by up to 70%.
Strong Cash Flow and Financial Metrics
Cash flow doubled from Q1 to EUR 460 million. Working capital improved by EUR 154 million, and net debt and gearing showed positive trends.