Wartsila Corp B Shs (WRTBF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Wartsila Oyj Abp.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.043 -- 00:00:06.311 Good morning, and welcome to this news conference for Wärtsilä Q1 2026 00:00:06.311 -- 00:00:11.959 results. My name is Hanna-Maria Heikkinen, and I'm in charge of investor relations. 00:00:11.959 -- 00:00:15.865 Today, our CEO, Håkan Agneval, will start with a group highlight. 00:00:15.865 -- 00:00:18.849 He will also go through business performance. 00:00:18.849 -- 00:00:24.097 And after that, our CFO, Arjen Berens, will continue with key financials. 00:00:24.097 -- 00:00:28.043 After the presentation, there is plenty of time for Q&A. 00:00:28.043 -- 00:00:31.204 Håkan, please, time to start. 00:00:32.920 -- 00:00:36.564 Thank you, Hanna-Maria, and welcome to our Q1 report. 00:00:36.564 -- 00:00:41.590 I'm joining you today from Shanghai, so it's a pleasure to be here in 00:00:41.590 -- 00:00:44.974 China. As you know, China accounts 00:00:44.974 -- 00:00:50.601 for more than half of the world's shipbuilding capacity, so it's a highly relevant 00:00:50.601 -- 00:00:55.747 place for us to be as . But if we start with the first quarter, 00:00:55.747 -- 00:01:00.853 I would say we have a strong start of the year, both in marine and 00:01:00.853 -- 00:01:02.536 energy. 00:01:02.536 -- 00:01:07.581 We start good in 2026. So if we look at the summary, 00:01:07.581 -- 00:01:12.647 double digit growth in order intake, all-time high 00:01:12.647 -- 00:01:17.933 order book, and continuously improved operating results. 00:01:17.933 -- 00:01:23.178 So the total order intake increased by 10% to 2.1 00:01:23.178 -- 00:01:28.557 billion euro. In this quarter, we will also talk a lot about organic growth, 00:01:28.557 -- 00:01:33.843 because you have seen or you will see that 00:01:33.843 -- 00:01:38.988 our both water intake and sales has been ...