Company Wärtsilä Oyj

Equities

WRT1V

FI0009003727

Industrial Machinery & Equipment

Real-time Estimate Tradegate 10:03:50 2024-03-19 am EDT 5-day change 1st Jan Change
14.04 EUR -0.90% Intraday chart for Wärtsilä Oyj -3.21% +6.78%

Business Summary

Wärtsilä Oyj is an industrial group organized around 4 families of products:

- maritime equipment (47% of net sales; No. 1 worldwide): maneuvering and propulsion systems, inspection and anti-leak systems, etc. intended for ships and offshore platforms. The group also offers maintenance, equipment installation, machine service, spare parts supply, technical assistance, training services, etc.;

- equipment for the production of energy (46.6%): motors, pumps, generators, modular systems and industrial equipment intended for power stations, gas and oil plants. The group also offers engineering services and builds turn-key industrial plants;

-smart solutions for optimizing maritime voyage (4.5%): solutions for marine traffic control, real-time information, route planning, navigation, automation, intelligent ports, simulation, etc.;

- other (1.9%).

Net sales are distributed geographically as follows: Finland (0.8%), Europe (28.6%), Americas (35.3%), Asia (25.4%) and others (9.9%).

Number of employees: 16,341

Sales per Business

EUR in Million2022Weight2023Weight Delta
Energy
43.4 %
2,721 46.6 % 2,610 43.4 % -4.08%
Marine Power
42.2 %
1,982 33.9 % 2,540 42.2 % +28.15%
Marine Systems
8.2 %
765 13.1 % 491 8.2 % -35.82%
Portfolio Business
6.2 %
109 1.9 % 374 6.2 % +243.12%

Sales per region

EUR in Million2022Weight2023Weight Delta
Other European Countries
30.8 %
1,671 28.6 % 1,854 30.8 % +10.95%
Asia
18.9 %
1,015 17.4 % 1,137 18.9 % +12.02%
United States
17.0 %
1,110 19.0 % 1,023 17.0 % -7.88%
Americas
12.2 %
952 16.3 % 734 12.2 % -22.85%
Other
10.4 %
580 9.9 % 627 10.4 % +8.10%
China
9.0 %
467 8.0 % 541 9.0 % +15.83%
Finland
1.7 %
47 0.8 % 100 1.7 % +112.77%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 21-01-31
Director of Finance/CFO 56 87-12-31
Compliance Officer 57 12-04-30
Chief Tech/Sci/R&D Officer 48 21-04-30
Public Communications Contact 50 23-06-29
Investor Relations Contact 45 21-06-30
Comptroller/Controller/Auditor 52 17-10-31
Corporate Officer/Principal 59 23-05-31
Comptroller/Controller/Auditor 46 -
Human Resources Officer 55 21-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 69 14-12-31
Director/Board Member 63 23-03-08
Director/Board Member 53 17-03-01
Director/Board Member 60 20-03-04
Director/Board Member 59 20-03-04
Corporate Officer/Principal 58 91-12-31
Director/Board Member 57 22-03-02
Director/Board Member 58 21-02-28
Director/Board Member 59 16-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 591,723,390 461,197,375 ( 77.94 %) 2,700,000 ( 0.4563 %) 77.94 %

Shareholders

NameEquities%Valuation
Investor AB (Investment Company)
17.70 %
104,711,363 17.70 % 1 620 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
5.369 %
31,768,252 5.369 % 491 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
1.463 %
8,658,000 1.463 % 134 M €
Valtion Eläkerahasto - The State Pension Fund
0.9379 %
5,550,000 0.9379 % 86 M €
The Social Insurance Institution of Finland (Invt Port)
0.9325 %
5,517,730 0.9325 % 85 M €
Svenska Litteratursällskapet i Finland r f
0.7894 %
4,671,277 0.7894 % 72 M €
Helaba Invest Kapitalanlagegesellschaft mbH
0.7114 %
4,209,507 0.7114 % 65 M €
4,139,400 0.6995 % 64 M €
Nordea Investment Management AB
0.5638 %
3,335,868 0.5638 % 52 M €
OP Asset Management Ltd.
0.5318 %
3,146,672 0.5318 % 49 M €
NameEquities%Valuation
Russell Investments Ltd.
0.001242 %
36,733 0.001242 % 113 652 €

Holdings

NameEquities%Valuation
2,642,575 0.45% 40,878,865 $
909,000 0.14% 7,496,950 $
1,425,000 0.02% 5,025,519 $
290,000 0.51% 2,956,695 $
2,250,000 1.02% 1,300,613 $

Company contact information

Wärtsilä Oyj Abp

Hiililaiturinkuja 2

00180, Helsinki

+358 1070 90000

http://www.wartsila.com
address Wärtsilä Oyj(WRT1V)

Group companies

NameCategory and Sector
Auto Parts: OEM
Metal Fabrication
Trucks/Construction/Farm Machinery
Aerospace & Defense
Industrial Machinery
Trucks/Construction/Farm Machinery
Other Consumer Services
Industrial Machinery
Engineering & Construction