Wärtsilä Oyj Abp Logo

Wärtsilä Oyj Abp

ISIN: FI0009003727 | Ticker: WRT1V | LEI: 743700G7A9J1PHM3X223
Country: Finland

About Wärtsilä Oyj Abp

Company Description

We enable sustainable societies through innovation in technology and services together with all our stakeholders – today and tomorrow.

We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. We work together with our strong ecosystem of partners every day, providing a wide portfolio of leading technologies and innovative solutions that offer our customers superior uptime, reliability and foreseeable lifecycle costs across their operations.

Our global passionate team of 17,500 energy and maritime experts in 200 locations in more than 70 countries is committed to shaping decarbonisation transformation of our industries across the globe.

Served area

Worldwide

Headcount

17,500

Headquarters

Hiililaiturinkuja 2, 180 Helsinki – Finland

Financial statements

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Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 6,232,000,000.00 6,523,000,000.00 6,606,000,000.00
Noncurrent Assets N/A 2,427,000,000.00 2,539,000,000.00 2,556,000,000.00
Property Plant And Equipment N/A 282,000,000.00 312,000,000.00 304,000,000.00
Goodwill N/A 1,325,000,000.00 1,374,000,000.00 1,288,000,000.00
Intangible Assets Other Than Goodwill N/A 391,000,000.00 401,000,000.00 392,000,000.00
Investment Accounted For Using Equity Method N/A 23,000,000.00 27,000,000.00 29,000,000.00
Noncurrent Trade Receivables N/A 30,000,000.00 26,000,000.00 11,000,000.00
Other Noncurrent Receivables N/A 11,000,000.00 17,000,000.00 57,000,000.00
Deferred Tax Assets N/A 183,000,000.00 167,000,000.00 195,000,000.00
Inventories N/A 1,192,000,000.00 1,185,000,000.00 1,361,000,000.00
Current Trade Receivables N/A 922,000,000.00 870,000,000.00 1,102,000,000.00
Other Current Receivables N/A 258,000,000.00 246,000,000.00 309,000,000.00
Current Tax Assets Current N/A 27,000,000.00 33,000,000.00 33,000,000.00
Cash and cash equivalents N/A 919,000,000.00 964,000,000.00 461,000,000.00
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 3,706,000,000.00 3,982,000,000.00 3,997,000,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 99,000,000.00 2,000,000.00 54,000,000.00
Equity And Liabilities N/A 6,232,000,000.00 6,523,000,000.00 6,606,000,000.00
Equity 2,410,000,000.00 2,188,000,000.00 2,323,000,000.00 2,146,000,000.00
Issued Capital N/A 336,000,000.00 336,000,000.00 336,000,000.00
Retained Earnings N/A 2,030,000,000.00 2,094,000,000.00 1,889,000,000.00
Share Premium N/A 61,000,000.00 61,000,000.00 61,000,000.00
Equity Attributable To Owners Of Parent N/A 2,177,000,000.00 2,315,000,000.00 2,135,000,000.00
Noncontrolling Interests N/A 11,000,000.00 8,000,000.00 12,000,000.00
Liabilities N/A 3,975,000,000.00 4,199,000,000.00 4,438,000,000.00
Noncurrent Liabilities N/A 1,451,000,000.00 1,153,000,000.00 1,044,000,000.00
Noncurrent Provisions For Employee Benefits N/A 139,000,000.00 126,000,000.00 89,000,000.00
Other Longterm Provisions N/A 55,000,000.00 73,000,000.00 85,000,000.00
Noncurrent Contract Liabilities N/A 51,000,000.00 37,000,000.00 60,000,000.00
Deferred Tax Liabilities N/A 76,000,000.00 65,000,000.00 65,000,000.00
Other Noncurrent Financial Liabilities N/A 1,005,000,000.00 694,000,000.00 517,000,000.00
Other Noncurrent Nonfinancial Liabilities N/A 1,000,000.00 1,000,000.00 5,000,000.00
Current Provisions N/A 269,000,000.00 241,000,000.00 311,000,000.00
Trade And Other Current Payables To Trade Suppliers N/A 411,000,000.00 714,000,000.00 1,041,000,000.00
Current Contract Liabilities N/A 926,000,000.00 1,231,000,000.00 1,145,000,000.00
Current Tax Liabilities Current N/A 56,000,000.00 63,000,000.00 51,000,000.00
Other Current Financial Liabilities N/A 156,000,000.00 82,000,000.00 166,000,000.00
Other Current Nonfinancial Liabilities N/A 664,000,000.00 676,000,000.00 636,000,000.00
Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale N/A 2,524,000,000.00 3,047,000,000.00 3,394,000,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 68,000,000.00 0.00 22,000,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 4,604,000,000.00 4,778,000,000.00 5,842,000,000.00
Other Income 61,000,000.00 85,000,000.00 70,000,000.00
Changes In Inventories Of Finished Goods And Work In Progress 104,000,000.00 -4,000,000.00 N/A
Other Work Performed By Entity And Capitalised 19,000,000.00 18,000,000.00 N/A
Employee Benefits Expense 1,192,000,000.00 1,230,000,000.00 1,359,000,000.00
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 174,000,000.00 162,000,000.00 263,000,000.00
Other Expense By Nature 431,000,000.00 467,000,000.00 638,000,000.00
Profit Loss From Operating Activities 234,000,000.00 314,000,000.00 -26,000,000.00
Finance Income 16,000,000.00 15,000,000.00 30,000,000.00
Finance Costs 59,000,000.00 33,000,000.00 37,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 3,000,000.00 3,000,000.00 6,000,000.00
Hedging Gains Losses For Hedge Of Group Of Items With Offsetting Risk Positions -1,000,000.00 -2,000,000.00 -12,000,000.00
Profit Loss Before Tax 191,000,000.00 296,000,000.00 -32,000,000.00
Income Tax Expense Continuing Operations 58,000,000.00 103,000,000.00 27,000,000.00
Profit (loss) 133,000,000.00 193,000,000.00 -59,000,000.00
Profit Loss Attributable To Owners Of Parent 134,000,000.00 194,000,000.00 65,000,000.00
Profit Loss Attributable To Noncontrolling Interests -1,000,000.00 0.00 -6,000,000.00
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) 133,000,000.00 193,000,000.00 -59,000,000.00
Adjustments For Income Tax Expense 58,000,000.00 103,000,000.00 27,000,000.00
Adjustments For Decrease Increase In Inventories 122,000,000.00 29,000,000.00 -207,000,000.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets -9,000,000.00 0.00 23,000,000.00
Other Adjustments To Reconcile Profit Loss 7,000,000.00 6,000,000.00 26,000,000.00
Cash Flows From Used In Operations 832,000,000.00 841,000,000.00 22,000,000.00
Interest Paid Classified As Operating Activities 14,000,000.00 16,000,000.00 14,000,000.00
Interest Received Classified As Operating Activities 4,000,000.00 5,000,000.00 4,000,000.00
Income Taxes Paid Refund Classified As Operating Activities 122,000,000.00 100,000,000.00 83,000,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities -19,000,000.00 1,000,000.00 9,000,000.00
Cash Flows From Used In Operating Activities 681,000,000.00 731,000,000.00 -62,000,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities 22,000,000.00 10,000,000.00 -10,000,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities 1,000,000.00 0.00 4,000,000.00
Cash Flows From Used In Investing Activities -55,000,000.00 -128,000,000.00 -151,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 4,000,000.00 N/A
Dividends Paid Classified As Financing Activities 286,000,000.00 121,000,000.00 145,000,000.00
Cash Flows From Used In Financing Activities -44,000,000.00 -580,000,000.00 -289,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes 582,000,000.00 22,000,000.00 -501,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents -19,000,000.00 10,000,000.00 1,000,000.00
Cash and cash equivalents 919,000,000.00 964,000,000.00 461,000,000.00

Please note that some sums might not add up.

Filings & Publications

2023

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2022

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2020

Report
Q1
H1
Q3
FY
Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

FI0009003727

LEI

743700G7A9J1PHM3X223

Sector

Industrials

Industry Group

Capital Goods

Industry

Machinery

Sub-Industry

Industrial Machinery & Supplies & Components

Listed Stock Exchange

Nasdaq Helsinki

Stock Index

OMX Helsinki 25

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