Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wartsila Corp B Shs — Q2 2026 Earnings Presentation
44 slides from Wartsila Oyj Abp's earnings presentation, Jul 21, 2026
Slide 1: This is Wärtsilä
This is Wärtsilä Shaping the decarbonisation of marine and energy 1 ©
Slide 2: Our everyday lives rely on electricity and goods shipped worldwide
Our everyday lives rely on electricity and goods shipped worldwide 1/3 of global greenhouse gases come from the marine and energy sectors Nearly 90% of trade Electricity demand is expected travels by sea to double – or more – by 2050 2 ©
Slide 3: We are dedicated to shaping the decarbonisation of marine and energy
We are dedicated to shaping the decarbonisation of marine and energy We help our customers to reduce emissions while securing financial viability. Our purpose is enabling sustainable societies through innovation in technology and services. 3 ©
Slide 4: Green is not black or white
Green is not black or white We will need all the tools in the toolbox to get through the transition No single solution will get us through the transition alone Most of the needed technologies already exist Fossil fuels will play a role for decades 4 ©
Slide 5: We are a global leader in technology and services
We are a global leader in technology and services Serving our customers wherever they are in the world Of the world’s 110,000+ large vessels, one in three carry Wärtsilä solutions on board 180 countries where we have delivered energy installations 5 ©
Slide 6: Two centuries of innovation
Two centuries of innovation 1834 1995 2023 2025 Sawmill is established in Our engine can switch World’s first 4-stroke Recognised among the world’s Finnish village, Värtsilä fuel during operation ammonia engine most sustainable companies, the solution for marine world’s best employers, and for our a
Slide 7: A global team of experts fuelling change since 1834
A global team of experts fuelling change since 1834 52% 6,914 service sales net sales, MEUR of total 17,900 199 people locations 123 78 nationalities countries Figures from 2025 7 ©
Slide 8: A culture that fuels our power
A culture that fuels our power 84% of Wärtsilians are proud of our company’s efforts to have a positive impact in the world. 90% of Wärtsilians feel work here meets or exceeds expectations. 8 ©
Slide 9: Living our commitment to diversity and inclusion
Living our commitment to diversity and inclusion We foster a culture where everyone feels safe to be themselves and has equal opportunities to grow. Through inclusive leadership, we fuel our power, spark innovation and drive business impact. How we perform How we grow How we lead Foster everyday Ens
Slide 10: The broadest service network for marine and energy
The broadest service network for marine and energy Over half of our sales come from services >90% 3,500 >90% service field service of customer tickets agreement engineers having our solved remotely, renewal rate customers’ backs preventing issues Figures from 2025 10 ©
Slide 11: Set for 30 – our decarbonisation targets for 2030
Set for 30 – our decarbonisation targets for 2030 Product portfolio ready for zero-carbon fuels ▪ Our engines can run on low- and zero-carbon fuels ▪ Hydrogen, ammonia, and methanol technologies progressed significantly in 2025 Carbon neutral in our own operations ▪ Greenhouse gas emissions down 53%
Slide 12: The decarbonisation of marine and energy continues to advance
The decarbonisation of marine and energy continues to advance 12 ©
Slide 13: A changing world, accelerating decarbonisation
A changing world, accelerating decarbonisation Urgency to cut emissions Technology maturity Connectivity and data ▪ Growing energy demand ▪ Renewables ▪ More systems, data, and and trade complexity ▪ Fuel-flexible tech and ▪ Policies and regulations sustainable fuels ▪ Holistic optimisation Marine:
Slide 14: Three pathways for decarbonisation in marine
Three pathways for decarbonisation in marine Burn less fuel More efficient operations and solutions Clean up emissions Carbon capture, exhaust treatment A 100% reduction in greenhouse gas emissions Use alternative energy sources Sustainable fuels, hybridisation and will require the adoption of susta
Slide 15: Decarbonising the energy industry with renewables and balancing power
Decarbonising the energy industry with renewables and balancing power 5 A 100% renewable energy future is here 4 It is based on renewables, balancing power plants Convert running on sustainable fuels remaining power and energy storage 3 plants Phase out inflexible power plants 2 Add balancing engine
Slide 16: Our solutions and know-how enabling the transition
Our solutions and know-how enabling the transition 16 ©
Slide 17: We are a technology leader in the decarbonisation transformation
We are a technology leader in the decarbonisation transformation Fuel-flexible engine technology Industry-leading fuel research Hybrid, battery, and energy Digital solutions to optimise and storage solutions secure operations and service Broadest lifetime service network, Energy-saving technologies
Slide 18: Wärtsilä in marine: the right solutions for each vessel and fleet
Wärtsilä in marine: the right solutions for each vessel and fleet Making lower-emission shipping a reality Engine optimisation Electrification and Energy-saving and fuel flexibility hybrid systems solutions Abatement systems Lifecycle solutions Digital solutions and carbon capture and services and s
Slide 19: Wärtsilä in energy: towards a 100% renewable energy future
Wärtsilä in energy: towards a 100% renewable energy future Our technologies provide reliable power and balancing to support the growth of renewables. Engine power plants Energy storage and Services and power optimisation system expertise 19 ©
Slide 20: Helping customers decarbonise by climbing the service value ladder
Helping customers decarbonise by climbing the service value ladder Over 90% agreement renewal rate Performance-based and other agreements Retrofits and Customer value upgrades Optimised maintenance Spare parts and field services 20 ©
Slide 21: Our strategy drives change
Our strategy drives change 21 ©
Slide 22: Our strategy: The Wärtsilä Way
Our strategy Purpose Enabling sustainable societies through innovation in technology and services THE Target position Shaping the decarbonisation of marine and energy WÄRTSILÄ Strategic priorities Roadmap to improve performance and reach the target position WAY Execution plan What to do – tactics &
Slide 23: Innovation and R&D investments driving change
Innovation and R&D investments driving change 329 MEUR R&D investment = 4.8% of our net sales. 2,500 patents and applications 45% of our patents filed at the European Patent Office classified as technologies that cut GHG emissions. Over 400 ideas and inventions through our innovation programmes. Fig
Slide 24: Fuel-flexible technology is the most future-proof solution
Fuel-flexible technology is the most future-proof solution Decarbonisation will involve multiple fuels. Our engines can run on traditional fuels and: Ammonia Ethane Bio-LNG Ethanol Bio-methane Hydrogen Bio/renewable diesel LNG E-diesel LPG E-methane Methanol 24 ©
Slide 25: AI is part of our continuous improvement toolbox
AI is part of our continuous improvement toolbox and a focus area for strategic bets in service Two workstreams on AI solutions: improving operational efficiency and adding customer value 60+ AI solutions implemented across the company 25 implemented in 2025 alone 25 ©
Slide 26: Leading the way with our customers
Leading the way with our customers Selected references and other milestones 26 ©
Slide 27: Pioneering carbon capture at sea
Pioneering carbon capture at sea Solvang ASA’s Clipper Eris Industry’s first full-scale on-board carbon capture solution can capture over 70% of the vessel’s CO₂ emissions. Copyright: © Solvang ASA 27 ©
Slide 28: One of the world's most efficient and sustainable ships
One of the world’s most efficient and sustainable ships Aurora Botnia, Wasaline Engine upgrades and hybrid propulsion have delivered double-digit reductions of fuel consumption. 28 ©
Slide 29: AI driven maintenance planning to boost uptime
AI driven maintenance planning to boost uptime Wärtsilä Expert Insight onboard CMA Ships AI-based predictive maintenance improves vessel efficiency and reduces operating costs. Copyright: © CMA Ships 29 ©
Slide 30: Optimising the performance of our 4-stroke ammonia engine
Optimising the performance of our 4-stroke ammonia engine Up to a 90% reduction in greenhouse gas emissions compared to equivalent diesel engines. 30 ©
Slide 31: Converting sugarcane into clean power
Converting sugarcane into clean power Energetica Suape II S.A., Brazil World-first trial using engines running on ethanol for large-scale clean electricity generation. 31 ©
Slide 32: Reliable power for two new US data centres
Reliable power for two new US data centres Wärtsilä strengthens its position in the growing data centre market with two orders totalling 789 MW of power, delivering reliable, fuel- efficient and future-proof primary power as an off-grid solution. 32 ©
Slide 33: Engineering and equipment for a power plant in Kentucky
Engineering and equipment for a power plant in Kentucky 217 MW Wärtsilä dual-fuel power plant to deliver reliable power for Kentucky residents. The plant is needed to provide additional grid capacity. It will operate for approximately 5,000 hours per year, providing grid balancing power as needed. 3
Slide 34: First-of-its-kind energy storage system in the UK
First-of-its-kind energy storage system in the UK The 200 MW / 400 MWh Blackhillock site One of Europe’s largest grid-scale energy storage systems and the world’s first to provide stability services to Great Britain’s National Energy System Operator. 34 ©
Slide 35: Australia's largest DC-coupled hybrid battery system
Australia’s largest DC-coupled hybrid battery system Major step in hybridising storage with co-located renewables Once operational, the system can power up to 120,000 homes and businesses, contributing directly to the nation’s Net-Zero by 2045 target. 35 ©
Slide 36: Decarbonising Curaçao: towards 70% renewable capacity
Decarbonising Curaçao: towards 70% renewable capacity by 2028 Optimising energy use across the Caribbean island with our energy storage, grid-balancing engines, and GEMS controls and optimisation software. 36 ©
Slide 37: In 2025, we ranked #141
In 2025, we ranked #141, climbing over 150 positions compared to the previous year 37 ©
Slide 38: Recognised as one of the world's best employers in 2025
Recognised as one of the world’s best employers in 2025 38 ©
Slide 39: Financial performance
Financial performance 2025 was another year of all-time highs 39 ©
Slide 40: Financial highlights 2025
Financial highlights 2025 Order intake Net sales 8,102 MEUR 6,914 MEUR Comparable Comparable operating operating result result, % of net sales 829 MEUR 12.0% Order book at the end Basic earnings per of the period share 8,248 MEUR 1.06 EUR 40 ©
Slide 41: Sales by businesses and geographical areas in 2025
Sales by businesses and geographical areas in 2025 6,914 MEUR net sales, per business Geographical net sales 10% 16% 10% 28% 52% of net sales from services 50% 30% 30% 26% Marine Energy Energy Storage Other Europe Americas Asia Others 41 ©
Slide 42: Enabling sustainable societies
Enabling sustainable societies Consistently recognised for our efforts 42 ©
Slide 43: Get to know our story and people on social media
Get to know our story and people on social media #FuelYourPower 43 ©
Slide 44: WARTSILA
re, WARTSILA