Hanna-Maria Heikkinen
Head of Investor Relations
Replay available
Wartsila Corp B Shs (OTC: WRTBF) Q2 2025 earnings conference call, held 2025-07-18. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Analyst, SEB
Analyst, Morgan Stanley
Analyst, UBS
Analyst, Alpha Value
Chief Executive Officer (CEO)
Analyst, Bank of America
Analyst, DNB Carnegie
Watch the replay and follow the connected company analysis, news, and investor updates for Wartsila Oyj Abp.
WEBVTT 00:00:00.031 -- 00:00:05.138 Good morning and welcome to this news conference for Wärtsilä Q2 2025 00:00:05.138 -- 00:00:10.285 results. My name is Hanna-Maria Heikkinen and I'm in charge of investor relations. 00:00:10.285 -- 00:00:14.750 Today our CEO Håkan Agneval will start with the group highlights. 00:00:14.750 -- 00:00:19.537 He will continue with the business performance and after that our CFO Arjen Behrends 00:00:19.537 -- 00:00:22.441 will continue with the key financials. 00:00:22.441 -- 00:00:26.153 After the presentation there is good time for Q&A. 00:00:26.153 -- 00:00:27.615 Please, Håkan, time to start. 00:00:27.615 -- 00:00:32.863 Yes, thank you, Hanna-Maria. And a warm welcome to everybody online. 00:00:32.863 -- 00:00:38.190 If we sum up the whole quarter, it's been a very strong quarter 00:00:38.190 -- 00:00:43.458 for Wärtsilä. Order intake, net sales, operating results and cash 00:00:43.458 -- 00:00:46.049 flow, all increased. 00:00:46.049 -- 00:00:50.359 So order intake increased by 18% to 2.2 00:00:50.359 -- 00:00:55.831 billion euro, which led us into an all-time high order book 00:00:55.831 -- 00:01:00.842 of close to 8.8 billion euro. Net sales went up with 00:01:00.842 -- 00:01:05.852 11% to 1.7 billion euro. And we continue to 00:01:05.852 -- 00:01:10.878 improve our operating margin and comparable operating results increased 00:01:10.878 -- 00:01:13.218 by 18%, 207 00:01:13.762 -- 00:01:18.527 million euro and we are now at 12% of net sales. 00:01:18.527 -- 00:01:24.495 And on the operating results, we increased it by 11% to 186 00:01:24.495 -- 00:01:28.137 million euro, reaching a 10.8% 00:01:28.360 -- 00:01:33.467 level. Services, we still continue to have solid performance in 00:01:33.467 -- 00:01:38.213 services. Yes, I know t...