Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Presentation (2017)
37 slides from Wartsila Oyj Abp's investor presentation, 2017
Slide 1: Wärtsilä Corporation – Corporate presentation 2017
WÄRTSILÄ CORPORATION Corporate presentation 2017 1 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 2: This is Wärtsilä
THIS IS WÄRTSILÄ A global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets 2 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 3: Our vision, mission and values
THIS IS WÄRTSILÄ Our vision, mission and values VISION MISSION We will be our customers’ most We shape the marine and energy valued business partner. Energy markets with advanced techno- Excellence logies and focus on lifecycle Excitement performance, to enhance our customers’ business and benefit t
Slide 4: Our business areas
THIS IS WÄRTSILÄ Our business areas SERVICES ENERGY SOLUTIONS MARINE SOLUTIONS 4 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 5: What we bring to the market
THIS IS WÄRTSILÄ What we bring to the market EFFICIENCY ENVIRONMENTAL SOLUTIONS FUEL FLEXIBILITY 5 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 6: A comprehensive product portfolio
THIS IS WÄRTSILÄ A Comprehensive product portfolio AUTOMATION BALLAST WATER MGMT ENERGY STORAGE ENGINES & GENERATING SETS EXHAUST GAS CLEANING LIFECYCLE SOLUTIONS GAS SYSTEMS INERT GAS SYSTEMS NAVIGATION POWER ELECTRIC SYSTEMS INCL. WÄRTSILÄ GENIUS SERVICES PROPULSORS & GEARS PUMPS & VALVES SEALS, B
Slide 7: Smart technology company
THIS IS WÄRTSILÄ Smart technology company Wärtsilä takes a leadership role in • Unique market position the Smart Marine and Smart Energy • Deep customer understanding ecosystems throughout their entire lifecycle. • Predictive analytics and asset optimisation We aim at increasing efficiency while • G
Slide 8: Bold digital transformation into Wärtsilä-as-a-Service
THIS IS WÄRTSILÄ Bold digital transformation into Wärtsilä-as-a-Service New business models AI, data analytics, open platforms, blockchain Collaborative smart ecosystem approach Strong Creating maximum value partnerships for customers 8 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 9: Digital insight combined with solutions – examples
THIS IS WÄRTSILÄ Digital insight combined with solutions – examples Integrated Manufacturing models product solutions (Robotics, Manufacturing (Eniram, Genius, execution system, 3D printing) UNIC) Manufacturing Product Building blocks for platforms Infrastructure enablers digitalisation (Simulation
Slide 10: Focus on research and development
THIS IS WÄRTSILÄ Focus on research and development • Strong emphasis on product and solution innovation, particularly In order to secure our in the areas of efficiency improvement, fuel flexibility, total cost of leading position in ownership, and the reduction of environmental impact sustainable in
Slide 11: Production and services globally
THIS IS WÄRTSILÄ Production and services globally Services network Production facilities (fully owned) Production facilities (joint ventures) 11 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 12: Our personnel
THIS IS WÄRTSILÄ Our personnel Approximately 18,000 professionals In over 200 locations In more than 70 countries 12 © Wärtsilä Corporate presentation 2017
Slide 13: Our nationalities
THIS IS WÄRTSILÄ Our nationalities Finland India Italy Germany Netherlands China Norway Great Britain U.S. Brazil France Pakistan Poland Singapore Philippines Spain South Korea Denmark Bangladesh Canada Russia Indonesia Japan Sweden Kenya Ecuador Turkey Greece Myanmar Malaysia Switzerland Nigeria Se
Slide 14: Our key growth areas are defined around global megatrends
THIS IS WÄRTSILÄ Our key growth areas are defined around global megatrends ENERGY EFFICIENT SOLUTIONS GAS BASED TECHNOLOGY INNOVATIVE SOLUTIONS Smart Power Generation combining A forerunner in gas and multi-fuel Making use of digital technology in energy efficiency, fuel and operational engines, fue
Slide 15: Solid profitability
THIS IS WÄRTSILÄ Solid profitability MEUR 6 000 14% 5 000 12% 10% 4 000 8% 3 000 6% 2 000 4% 1 000 2% 0 0% 2012 2013 2014 2015 2016 Net sales Comparable operating result, % of net sales Figures shown before items affecting comparability. Figures for 2012-2013 include both discontinued and continuing
Slide 16: Financial highlights
THIS IS WÄRTSILÄ Financial highlights MEUR 2016 2015 2014 20131 20122 Order intake 4 927 4 932 5 084 4 872 4 940 Order book at the end of the period 4 696 4 882 4 530 4 426 4 492 Net sales 4 801 5 029 4 779 4 654 4 725 Comparable operating result 583 612 569 520 517 % of net sales 12.1 12.2 11.9 11.
Slide 17: Services
SERVICES We create lifecycle services with our customers, enhancing their businesses – whenever, wherever 17 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 18: Our Services business is unrivalled in the market
SERVICES Our Services business is unrivalled in the market Optimising customer operations whenever, Proprietary global network consisting of 11,000 service wherever is our shared passion. professionals, and advanced technology competences Our advanced technology and installed base is a key Our exper
Slide 19: A broad range of expertise and services
SERVICES A broad range of expertise and services LIFECYCLE SOLUTIONS INCL. SERVICE PROJECTS ENGINE SERVICES TURBOCHARGER SERVICES WÄRTSILÄ GENIUS SERVICES PROPULSION SERVICES SEALS & BEARINGS HYDRO & INDUSTRIAL TRAINING SERVICES SERVICES SERVICES 19 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 20: Improving lifecycle efficiency
SERVICES Improving lifecycle efficiency Longer term strategies are aimed at improving business efficiency. Optimising performance of installations reduces operational Digital transition expenses and improves uptime. enabled via Reliable, continuous performance transparent and is essential. Planning
Slide 21: Market trends & drivers
SERVICES Market trends & drivers • An evolving global energy landscape with growing importance of renewables, gas as a fuel and increase of decentralised power generation • Real time monitoring and analytics driving oportunities for using data to optimise our customers business performance • Custome
Slide 22: Strategic focus areas
SERVICES Strategic focus areas CUSTOMER FIRST GO DIGITAL ASSET & LIFECYCLE NEW CUSTOMER MANAGEMENT ACCESS Growth in existing Growth through Growth through Growth beyond business by improving optimising customer value-adding lifecycle the traditional Wärtsilä customer loyalty performance services & p
Slide 23: Energy Solutions
ENERGY SOLUTIONS We are a leading global systems integrator offering a broad range of environmentally sound solutions. Our flexible and efficient solutions provide superior value to customers and enable a transition to a more sustainable and modern energy system. 23 © Wärtsilä PUBLIC Corporate prese
Slide 24: Offering
ENERGY SOLUTIONS Offering • Flexible baseload power plants • Utility-scale solar PV power plants and • Capacity for grid stability, peaking and solar-engine hybrid solutions load-following generation, and back-up • Energy system integration capabilities power for integrating wind and solar • Small a
Slide 25: Our customer segments
ENERGY SOLUTIONS Our customer segments UTILITIES IPPS INDUSTRIAL CUSTOMERS Organisations providing Financial organisations Industrial businesses with electricity and/or heat to power investing in power plants to sell captive power plants markets or end users power to utilities 25 © Wärtsilä PUBLIC C
Slide 26: Market trends & drivers
ENERGY SOLUTIONS Market trends & drivers • Electricity generation paradigm changing renewables new baseload • Growth in sustainable energy, reducing carbon emissions • Rapid growth of intermittent renewable generation and escalating demand fluctuation • Ageing installed capacity driving investment
Slide 27: Strategy
ENERGY SOLUTIONS Strategy • Grow strongly in large utility gas power plants market by capturing market share from gas turbines • Maintain our leading position in HFO & dual-fuel power plants • Gain market share in utility-scale solar PV business with EPC capability • Grow in battery storage solution
Slide 28: A global systems integrator for greener and more efficient energy systems
ENERGY SOLUTIONS A GLOBAL SYSTEMS INTEGRATOR FOR GREENER AND MORE EFFICIENT ENERGY SYSTEMS SOLAR PV AND ENGINE-SOLAR HYBRID POWER PLANTS ENGINE POWER PLANTS LNG INFRASTRUCTURE 28 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 29: Smart Power Generation
ENERGY SOLUTIONS ENGINE POWER OPTIMISED GENERATION GENERATION + + SOLAR SMART SOLAR GENERATION GENERATION POWER GENERATION + + GLOBAL SYSTEMS INTEGRATOR ENERGY SYSTEM SYSTEM MANAGEMENT STABILITY 29 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 30: Marine Solutions
MARINE SOLUTIONS We are the leading provider of innovative products and integrated solutions in the marine and oil & gas industries. As a leader in our fields, we need to continuously develop and transform ourselves to meet changing customer needs. We have a passion to do right for our customers and
Slide 31: The most complete marine offering on earth
MARINE SOLUTIONS THE MOST COMPLETE MARINE OFFERING ON EARTH 31 © Wärtsilä PUBLIC Corporate presentation 2017
Slide 32: Our offering covers all market segments
MARINE SOLUTIONS Our offering covers all market segments OIL & GAS MERCHANT CRUISE & FERRY NAVY SPECIAL VESSELS LEADER IN: EFFICIENCY GAS AND DUAL-FUEL SOLUTIONS ENVIRONMENTAL SOLUTIONS THROUGH • Lifecycle solutions for ship owners and operators OFFERING: • Integrated solutions for the shipbuild
Slide 33: Market trends & drivers
MARINE SOLUTIONS Market trends & drivers • Urbanisation, globalisation and population growth support seaborne trade development and drive changing trade patterns • Technological developments and new breakthroughs (digitalisation, disruptive technologies, batteries etc.) create a need for new busines
Slide 34: Opportunities through our broad product portfolio and connectivity
MARINE SOLUTIONS Opportunities through our broad product portfolio and connectivity WÄRTSILÄ KNOWS GAS PORTFOLIO PROVIDES ROBUST MARINE HYBRID SOLUTIONS SUPPORT FOR DIGITALISATION Wärtsilä is involved in the Data generation across the Wärtsilä’s battery/hybrid whole gas value chain portfolio enablin
Slide 35: Marine environmental regulations have taken a step forward
MARINE SOLUTIONS Marine environmental regulations have taken a step forward North Europe ECA Max North America ECA All ECA 1.0% SOx in fuel 1.0% SOx 0.1% SOx Inert Gas System mandatory for 0.1% SOx Global cap newbuild tankers above 8,000 Global cap in EU ports 3.5% SOx DWT as of 1 January 2018 0.5%
Slide 36: Appendix: Abbreviations
APPENDIX: ABBREVIATIONS AI = Artificial Intelligence IPPs = independent power producers DWT = deadweight tonnage LNG = liquified natural gas E&A = Electrical & Automation MEPC = Marine Environment Protection Committee ECA = emission control area NECA = nitrogen emission control area EPA = Environmen
Slide 37: Thank you!
THANK YOU!