Hanna-Maria Eini
Head of Investor Relations
Replay available
Wartsila Corp B Shs (OTC: WRTBF) Q2 2026 earnings conference call, held 2026-07-21. Replay captured from the company's public earnings webcast.

Head of Investor Relations
President & CEO
CFO
Analyst, Goldman Sachs
Analyst, Citi
Analyst, Morgan Stanley
Analyst, JP Morgan
Analyst, Bank of America
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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...