Wartsila Oyj Abp · OMXHEX:WRT1V

Wartsila Oyj Abp — Wärtsilä — Shareholder Meeting (March 2011)

20 slides from Wartsila Oyj Abp's shareholder meeting presentation, Mar 3, 2011

  1. Slide 1: Wärtsilä Corporation Annual General Meeting 3 March 2011

    WÄRTSILÄ CORPORATION ANNUAL GENERAL MEETING 3 MARCH 2011 OLE JOHANSSON, PRESIDENT & CEO 1 © Wärtsilä

  2. Slide 2: Net sales decreased as expected

    Net sales decreased as expected MEUR 5500 5000 14% -13% 4500 4000 0% 23% 3500 18% 3000 -32% 2500 2000 1500 -7% 1000 500 0 2006 2007 2008 2009 2010 Net sales Power Plants Ship Power Services 2 © Wärtsilä

  3. Slide 3: Profitability continued strong

    Profitability continued strong MEUR 700 16% 600 14% 12.1% 11.4% 10.7% 12% 500 10.1% 8.2% 10% 400 8% 300 6% 200 4% 100 2% 0 0% 2006 2007 2008 2009 2010 Operating result Operating profit, %

  4. Slide 4: Net sales by business 2010

    Net sales by business 2010 Ship Power Power Plants 26% (34) 34% (31) Services 40% (35) 44 © © Wärtsilä Wärtsilä

  5. Slide 5: Net sales by market area

    Net sales by market area Strong presence in Asia MEUR 6000 5000 4000 3000 2000 1000 0 2006 2007 2008 2009 2010 Asia Europe Americas Other 5 © Wärtsilä

  6. Slide 6: Personnel decreased

    Personnel decreased 20000 18000 16000 14000 12000 10000 8000 6000 4000 2000 0 2006 2007 2008 2009 2010 Ship Power Industrial Services Administration Power Plants Operations 6 © Wärtsilä

  7. Slide 7: Order intake increased

    Order intake increased MEUR 6000 5500 5000 4500 22% 4000 3500 3000 1% 2500 2000 107% 1500 1000 35% 500 0 2006 2007 2008 2009 2010 Order intake Power Plants Ship Power Services 7 © Wärtsilä

  8. Slide 8: Asia's role in shipbuilding strengthening

    Asia’s role in shipbuilding strengthening Main shipbuilding countries Main ship owner countries Others 9% Singapore 6% Europe 7% Greece12% Japan Japan 5% 5% Others China Korea 5% 50% 55% Korea 24% China 22% Approx. 1,700 vessels ordered in 2010 8 © Wärtsilä

  9. Slide 9: Wärtsilä strives for an increased share of vessel value

    Wärtsilä strives for an increased share of vessel value Power Communication Environmental Automation Power drives distribution and control technologies Seals & Service Propulsion bearings Engines agreements Ship Design 9 © Wärtsilä

  10. Slide 10: Power Plants order intake

    Power Plants order intake Asia strongest region Africa and Middle-east 10% Europe 24% Americas 24% Asia 42% Total orders in 2010 3,175 MW 10 © Wärtsilä

  11. Slide 11: Power Plants for many applications

    Power Plants for many applications By application By fuel Oil & gas Baseload 6% 65% Grid stability & peaking Gas Oil 23% 43% 57% Industrial self- generation 6% Total orders in 2010 3,175 MW 11 © Wärtsilä

  12. Slide 12: Services – net sales stable

    Services – net sales stable MEUR 2000 1800 0% 0% 1600 18% 1400 1200 22% 1000 800 600 400 200 0 2006 2007 2008 2009 2010 12 © Wärtsilä

  13. Slide 13: Services – net sales distribution 2010

    Services – net sales distribution 2010 Field service 24% Spare parts 53% Contracts 14% Projects 9% 13 © Wärtsilä

  14. Slide 14: Service contracts increased

    Service contracts increased MEUR MW 350 16000 300 14000 12000 250 10000 200 8000 150 6000 100 4000 50 2000 0 0 2007 2008 2009 2010 Net sales Total MW (O&M and Maintenance) 14 © Wärtsilä

  15. Slide 15: All time high cash flow from operating activities

    All time high cash flow from operating activities MEUR 700 600 500 400 300 200 100 0 2006 2007 2008 2009 2010

  16. Slide 16: Strong financial position

    Strong financial position Solvency Gearing % 50 0,70 45 0,60 40 0,50 35 0,40 30 25 0,30 20 0,20 15 0,10 10 5 0,00 0 -0,10 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 16 © Wärtsilä

  17. Slide 17: EPS and dividend/share

    EPS and dividend/share EUR 4,5 4,0 3,5 3,0 2,5 2,0 1,5 1,0 0,5 0,0 2006 2007 2008 2009 20101 EPS Dividend Extra dividend 1 Dividend 2010 – Proposal of the Board. EPS figures include nonrecurring items and selling profits 17 © Wärtsilä

  18. Slide 18: Prospects for 2011

    Prospects for 2011 • Net sales expected to grow 3-5% • Operational profitability expected to be around 11% 18 © Wärtsilä

  19. Slide 19: Long-term growth and profitability

    Long-term growth and profitability • Target to grow faster than global GDP • Operating profit margin target 10-14% MEUR 6 000 16% 12.1% 5 000 11.4% 10.7% 14% 10.1% 12% 4 000 8.2% 10% 3 000 8% 6% 2 000 4% 1 000 2% 0 0% 2006 2007 2008 2009 2010 Net sales Operating profit, % 19 © Wärtsilä

  20. Slide 20: Presentation name

    Presentation name

Wärtsilä — Shareholder Meeting (March 2011) on 6ix