Wärtsilä, a leader in the marine and energy industries, has approved new mid-term financial goals that reflect the company's strengthened financial performance and attractive structural growth opportunities. These new goals are specifically set for the marine and energy sectors and aim to accelerate value creation.
Wärtsilä's New Financial Goals
The new mid-term financial goals are as follows:
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- Marine: Organic annual net sales growth: mid-single-digit percentage and operational result: 14%
- Energy: Organic annual net sales growth: high percentage from upper single digits and operational result: 18%
- Group: Organic annual net sales growth: low double-digit percentage and operational result: 16%, conversion of net profit to free cash flow: over 90% and dividend payout: at least 50% of earnings per share
The separate goals for the marine and energy sectors reflect the different growth and profitability paths of these two businesses. Additionally, the new goal of converting the group's net profit to free cash flow places greater emphasis on transforming profitable growth into cash generation and shareholder value.
Change in Guidance Framework from 2027
Wärtsilä will also introduce a new guidance framework starting in early 2027. Under this framework, the company will provide separate guidance for marine and energy net sales for the next 12 months, offering better transparency and visibility for future growth and profitability development. In the previous framework, Wärtsilä had guided the demand environment separately for marine and energy for the next 12 months.
At Wärtsilä's Capital Markets Day, which will be held on November 3, 2026, the new goals and the path to achieving them will be presented. Registration to follow this event is still open.
Håkan Agnevall, President and CEO of Wärtsilä, stated: "Wärtsilä has significantly changed in recent years and has achieved its previous financial goals. Today, we are a more focused and profitable company operating in markets where structural demand factors create attractive opportunities for profitable growth. Our new financial goals reflect both the progress we have already made and the significant potential that lies ahead."
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