Wärtsilä is reporting record numbers for 2024, both in order intake, absolute operating results and cash flow.
Wärtsilä has presented their financial statements bulletin for January–December 2024.
The record-breaking year reveals:
- Order intake increased by 14% to EUR 8,072 million (7,070), while organic growth was 17%.
- Service order intake increased by 8% to EUR 3,812 million (3,519).
- The order book at the end of the period increased by 25% to EUR 8,366 million (6,694).
- Net sales increased by 7% to EUR 6,449 million (6,015), while organic growth was 9%.
- The comparable operating result increased by 39% to EUR 694 million (497), which represents 10.8% of net sales (8.3).
- The operating result increased by 78% to EUR 716 million (402), which represents 11.1% of net sales (6.7).
- Earnings per share increased to 0.85 euro (0.44).
- Cash flow from operating activities increased to EUR 1,208 million (822).
- Dividend proposal 0.44 euro per share (0.32).
Håkan Agnevall, President and CEO, comments:
In 2024 Wärtsilä took firm steps towards our targets, and we continued to develop positively in many ways. We achieved all-time highs in order intake, absolute operating result and cash flow from operating activities. During 2024, we also significantly enhanced the profitability of all businesses. Furthermore, our order book is at an all-time high, positioning us well for future success as we move into 2025. Our strategy, the Wärtsilä Way, is yielding results.
