Replay available

Wartsila Corp B Shs (WRTBF) Q2 2026 Earnings Call

Wartsila Corp B Shs (OTC: WRTBF) Q2 2026 earnings conference call, held 2026-07-21. Replay captured from the company's public earnings webcast.

Tue, July 21, 2026 at 3:00 AMendedReplay
Wartsila Corp B Shs (WRTBF) Q2 2026 Earnings Call

Hosted by

Featured presenters

Hanna-Maria Eini

Head of Investor Relations

Håkan Agnevall

President & CEO

Arjen Berends

CFO

Daniela Costa

Analyst, Goldman Sachs

Vivek Mita

Analyst, Citi

Max Yates

Analyst, Morgan Stanley

Akash Gupta

Analyst, JP Morgan

Uma Samlin

Analyst, Bank of America

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:05.573 And after that, our CFO, Arjen Berends, will continue with the key financials. 00:00:05.573 -- 00:00:09.434 After the presentation, there's a possibility to ask questions. 00:00:09.434 -- 00:00:10.955 Håkan, time to start. 00:00:10.955 -- 00:00:16.557 Thank you, Hanna-Maria, and welcome everybody to Q2 report. 00:00:16.557 -- 00:00:20.478 Q2, which was a strong quarter, I must say. 00:00:20.478 -- 00:00:25.700 And I'm very happy to say. So, all-time high order intake and improved 00:00:25.700 -- 00:00:29.141 operating results. We continue our journey. 00:00:29.141 -- 00:00:32.964 So total order intake increased by 33% 00:00:32.964 -- 00:00:38.848 to 2.8 billion euro and that is an all-time high quarter 00:00:38.848 -- 00:00:43.971 in the history of Wärtsilä. And we recorded all-time highs both 00:00:43.971 -- 00:00:50.496 in energy and marine. So all-time high quarterly order intake for energy 00:00:50.496 -- 00:00:55.599 close to 1.7 billion euro. All-time high also order intake for marine 00:00:55.599 -- 00:00:58.280 at 1.2 billion euro. 00:00:58.825 -- 00:01:03.127 And that brings us to an all-time high, it's a lot of all-time highs today, all-time 00:01:03.127 -- 00:01:07.388 high order book of close to 9 billion euro. 00:01:07.388 -- 00:01:11.150 And here we have a very interesting also piece of information. 00:01:11.150 -- 00:01:13.891 And I know many of you have been asking about this. 00:01:13.891 -- 00:01:19.232 So we are providing some clarity now on margin content in order backlog. 00:01:19.232 -- 00:01:23.754 But first, since the start of 2025, energy 00:01:23.754 -- 00:01:26.727 order book has more than doubled. 00:01:26.727 -- 00:01:32.088 While the gross margin of the Energy Equipment Order Book has improved 00:01:32...