WÄRTSILÄ CORPORATION RESULT PRESENTATION January 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
|
|
- Jasper Copeland
- 6 years ago
- Views:
Transcription
1 WÄRTSILÄ CORPORATION RESULT PRESENTATION January 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 27 January 217 Result presentation 216
2 Highlights 216 Order intake stable at EUR 4,927 million Net sales EUR 4,81 million, -5% Book-to-bill 1.3 (.98) Comparable operating result EUR 583 million, 12.1% of net sales (EUR 612 million or 12.2%) Earnings per share EUR 1.79 (2.25) Cash flow from operating activities EUR 613 million (255) Order book at the end of the period EUR 4,696 million, -4% Dividend proposal EUR 1.3 per share, to be paid in two equal instalments 2
3 Improved sentiment in the energy markets supported order intake MEUR Fourth quarter development 4 5 MEUR ,43 1,324-6% -1% Services % Marine Solutions % Energy Solutions Q4/215 Q4/216 Q1-Q3 Q4 3
4 Net sales developed in line with guidance MEUR MEUR Fourth quarter development ,59-2% 3% 1,559 Services % 11% Marine Solutions Energy Solutions Q4/215 Q4/216 Q1-Q3 Q4 4
5 Net sales by business 216 Services 46% (43) Marine Solutions 35% (34) Energy Solutions 2% (22) 5
6 Book-to-bill MEUR 5 5 1, ,2 1, 3 5 3,8 2 5, ,4 1 5, Order intake Net sales Book-to-bill, 6 Wärtsilä PUBLIC 27 January 217 Result presentation 216
7 Order book distribution MEUR Delivery next year Delivery after next year 7
8 Operating result supported by good fourth quarter MEUR 7 14% 6 1.9% 11.2% 11.9% 12.2% 12.1% 12% 5 1% 4 8% 3 6% 2 4% 1 2% % Comparable operating result % of net sales Items affecting comparability include restructuring costs of EUR 48 million (19) and acquisition related & other costs of EUR 3 million (6) for the review period January-December 216. Figures for include both discontinued and continuing operations. 8
9 ENERGY SOLUTIONS 9
10 Q4/213 Q1/214 Q2/214 Q3/214 Q4/214 Q1/215 Q2/215 Q3/215 Q4/215 Q1/216 Q2/216 Q3/216 Q4/216 ENERGY SOLUTIONS Quotation activity per fuel type MW Liquid fuel Gas Multi-fuel 2 1 Calculated on a 12 months rolling basis 1
11 ENERGY SOLUTIONS Strong ordering activity in Energy Solutions MEUR 1 8 Review period development Total EUR 1,448 million (1,9) % 27% Utilities Independent power producers % Industrials Review period order intake by fuel in MW 4 2 Oil 55% Gas 45% Q1-Q3 Q4 11
12 ENERGY SOLUTIONS Order intake globally Europe* 1,93 (1,42) Asia 96 (299) Americas 921 (638) Utilities Africa and Middle East 54 (457) 55 IPP s (Independent Power Producers) Industrials Order intake 216: 3,513 MW (2,436) *Turkish owners contributed to the high level of activity in Europe. 12
13 Wärtsilä to deliver a 1 MW combined heat and power (CHP) plant to Germany As part of its climate action plan, Germany has committed to increasing the share of electricity produced by CHP power plants to 25% of the total electricity production by 225. Unlike traditional CHP power plants, Wärtsilä gas engines enable quick power output adjustments to respond to the fluctuations in power demand as signalled by the electricity price. 13
14 ENERGY SOLUTIONS Market for gas and liquid fuel power plants, <5 MW 1-9/ /216 Wärtsilä 9.9% MHI 19.8% Ansaldo Other GT s 5.5%.8% Ansaldo 7.2% GE 38.8% MHI 12.% Other GT s 5.6% GE 35.2% Wärtsilä 14.7% Siemens 25.2% Siemens 25.3% <5 MW market volume: 17.4 GW (17.), +2% Total market volume: 49.2 GW (43.9), +12% Market data includes all Wärtsilä power plants and other manufacturers gas and liquid fuelled gas turbine based power plants with prime movers above 5 MW, as well as estimated output of steam turbines for combined cycles. The data is gathered from the McCoy Power Report. Other combustion engines not included. In engine technology Wärtsilä has a leading position. 14
15 MARINE SOLUTIONS 15
16 Number of vessels Million CGT MARINE SOLUTIONS Exceptionally low newbuild vessel orders in 216 Merchant Offshore Cruise and Ferry Special vessels 3 months moving average in CGT * 25 5, 4,5 2 4, ,5 3, 2,5 2, 1,5 1,,5, * Source: Clarkson Research Services, figures exclude late contracting * CGT= gross tonnage compensated with workload 16 Wärtsilä PUBLIC 27 January 217 Result presentation 216
17 MARINE SOLUTIONS Cruise & ferry supported Marine Solutions order intake MEUR Review period development Total EUR 1,285 million (1,599) Gas carriers 13% Offshore 3% Special vessels 9% 9 6 Traditional merchant 2% Cruise & ferry 38% Q1-Q3 Q4 Others 7% Navy 1% 17
18 MARINE SOLUTIONS Marine Solutions order book 31 December 216 RoRo 3% Tankers 4% Containers 5% Cargo 1% Bulk carriers 1% Other merchant 2% Offshore 12% Gas carriers 21% Cruise & Ferry 27% Other vessel 1% Non-vessel 3% Special vessels 7% Navy 13% 18
19 Upcoming environmental regulations support the demand for Wärtsilä s solutions UK based Wightlink ordered a comprehensive range of modern equipment and systems to ensure a high level of environmental efficiency for their new ferry. This will be the first ferry to utilise Wärtsilä hybrid battery technology. Construcciones Navales del Norte SL ordered an LNG power and propulsion installation for its new RoRo passenger ferry. This eco-efficient smartship will be the first gas-powered RoRo passenger ferry operating in the Mediterranean Sea. Kuva pitää vaihtaa, bonny kalvon kuva voisi sopia tähän 19
20 MARINE SOLUTIONS Strong position in marine engine market Medium-speed main engines Others 1% (11) Auxiliary engines Wärtsilä 18% (16) Caterpillar 15% (15) Wärtsilä 51% (5) Others 82% (84) MAN D&T 24% (24) Total market volume last 12 months: 2,392 MW (2,358) Total market volume last 12 months: 2,29 MW (3,617) Wärtsilä s market shares are calculated on a 12 months rolling basis, numbers in brackets are from the end of the previous quarter. The calculation is based on Wärtsilä s own data portal. 2
21 SERVICES 21
22 SERVICES Stable development in Services net sales MEUR MEUR Fourth quarter development % Q4/215 Q4/216 Q1-Q3 Q4 22 Wärtsilä PUBLIC 27 January 217 Result presentation 216
23 SERVICES Net sales distribution 216 By product area By segment Spare parts 49% (51) Field service 23% (23) Agreements 15% (16) Offshore 9% (13) Navy 8% (7) Special Vessels 7% (8) Energy Solutions 39% (37) Projects 13% (1) Merchant 24% (24) Cruise & Ferry 13% (11) Total EUR 2,19 million (2,184) 23
24 SERVICES Installed base totalling 18, MW MW Energy Solutions Marine Solutions, 4-stroke Marine Solutions, 2-stroke 24
25 MW SERVICES Installed base covered by service agreements 16 3% 14 25% % 8 15% 6 4 1% 2 5% % MW under agreement Energy Solutions % of Energy Solutions installed base MW under agreement Marine Solutions % of Marine Solutions installed base 25 Wärtsilä PUBLIC 27 January 217 Result presentation 216
26 Wärtsilä and Carnival Corporation announce strategic partnership 12-year agreement Ensuring safety and reliability of Carnival s fleet Reducing operational costs Wärtsilä provides all engine maintenance and monitoring for fleet of 79 vessels Continuous planning together with Carnival Performance-based revenue model Wärtsilä s biggest service contract in history Digitising fleet operations 26
27 FINANCIALS 27
28 FINANCIALS Operating cash flow development MEUR
29 FINANCIALS Working capital development MEUR % % 1 15% % % % % % 1% 5% % Working capital Total inventories Advances received Working capital / Net sales 29 Wärtsilä PUBLIC 27 January 217 Result presentation 216
30 FINANCIALS Gearing,5,4,3,2,1, Wärtsilä PUBLIC 27 January 217 Result presentation 216
31 FINANCIALS EPS and dividend per share EUR 2,5 2, , ,,5, * EPS Dividend * Dividend Proposal of the Board 31 Wärtsilä PUBLIC 27 January 217 Result presentation 216
32 Setti 1 Setti 1 Prospects for 217 The overall demand for Wärtsilä s services and solutions in 217 is expected to be relatively unchanged from the previous year. Demand by business area is anticipated to develop as follows: Solid in Services with growth opportunities Solid in Energy Solutions Soft in Marine Solutions 32
33 THANK YOU Further information: Natalia Valtasaari Director, Investor & Media Relations Tel () natalia.valtasaari@wartsila.com 33
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER October 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 217 25 October 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 25 October 217 Q3 Result presentation 217 Highlights Q3/217 Order intake EUR 1,354
More informationWÄRTSILÄ CORPORATION RESULT PRESENTATION January 2018 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION RESULT PRESENTATION 2017 31 January 2018 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 31 January 2018 Full year result presentation 2017 2017 A YEAR OF SOLID SALES AND STRONG ORDER
More informationWÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH April 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH 217 26 April 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 26 April 217 Q1 Result presentation Highlights Q1/217 Order intake EUR 1,413 million,
More informationWÄRTSILÄ CORPORATION HALF YEAR FINANCIAL REPORT JANUARY-JUNE July 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION HALF YEAR FINANCIAL REPORT JANUARY-JUNE 217 2 July 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 2 July 217 Half year financial report 217 Highlights Q2/217 Order intake EUR
More informationWÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER October 2016 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 216 25 October 216 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 25 October 216 Q3 result presentation Highlights Q3/216 Order intake EUR 1,139
More informationWÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER October 2018 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 218 23 October 218 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 23 October 218 Interim Report January-September 218 GOOD DEVELOPMENT IN NET SALES
More informationWÄRTSILÄ CORPORATION HALF YEAR FINANCIAL REPORT July 2018 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION HALF YEAR FINANCIAL REPORT 218 19 July 218 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 19 July 218 Half year financial report 218 GOOD DEVELOPMENT IN ORDERS RECEIVED 2 Highlights
More informationWÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH April 2018 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH 218 24 April 218 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 24 April 218 Q1 Result presentation ORDER INTAKE AND NET SALES DEVELOPED WELL IN THE
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 215 22 OCTOBER 215 Björn Rosengren, President & CEO Wärtsilä Highlights Q3/215 Order intake EUR 1,86 million, -17% Net sales EUR 1,222 million, +9%
More informationWÄRTSILÄ CORPORATION RESULT PRESENTATION JANUARY Björn Rosengren, President & CEO. Wärtsilä
WÄRTSILÄ CORPORATION RESULT PRESENTATION 2014 29 JANUARY 2015 Björn Rosengren, President & CEO Wärtsilä Highlights 2014 good performance in challenging markets Order intake EUR 5,084 million, +5% Net sales
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-JUNE 214 18 JULY 214 Björn Rosengren, President & CEO Wärtsilä Highlights Q2/214 NEW PIC Order intake EUR 1,163 million, +9% Net sales EUR 1,132 million, -2%
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-JUNE 215 17 JULY 215 Björn Rosengren, President & CEO Wärtsilä Highlights Q2/215 Order intake EUR 1,159 million, +2% Net sales EUR 1,23 million, +1% Book-to-bill.94
More informationINTERIM REPORT JANUARY-JUNE 2013
INTERIM REPORT JANUARY-JUNE 213 BJÖRN ROSENGREN, PRESIDENT & CEO 18 JULY 213 Wärtsilä Highlights Q2/213 NEW PIC Order intake EUR 1,71 million, -11% Net sales EUR 1,152 million, +5% Book-to-bill.93 EBITA
More informationWÄRTSILÄ CORPORATION HANDELSBANKEN NORDIC LARGE CAP SEMINAR
WÄRTSILÄ CORPORATION HANDELSBANKEN NORDIC LARGE CAP SEMINAR Jaakko Eskola President & CEO 1 Wärtsilä PUBLIC 2 September 217 Jaakko Eskola Wärtsilä s net sales by business 1-6/217 SERVICES, 45% ENERGY SOLUTIONS,
More informationWÄRTSILÄ CORPORATION JP MORGAN CAZENOVE EUROPEAN CAPITAL GOODS CEO CONFERENCE
WÄRTSILÄ CORPORATION JP MORGAN CAZENOVE EUROPEAN CAPITAL GOODS CEO CONFERENCE Jaakko Eskola President & CEO 1 Wärtsilä PUBLIC 16 June 2017 Jaakko Eskola Wärtsilä s net sales by business Q1/2017 SERVICES,
More information2012 RESULT PRESENTATION
212 RESULT PRESENTATION BJÖRN ROSENGREN, PRESIDENT & CEO 25 JANUARY 213 Wärtsilä Net sales back to growth with stable profitability 212 development Order intake EUR 4,94 million, +9% Net sales EUR 4,725
More informationINTERIM REPORT JANUARY-JUNE 2012 BJÖRN ROSENGREN, PRESIDENT & CEO 18 JULY 2012
INTERIM REPORT JANUARY-JUNE 212 BJÖRN ROSENGREN, PRESIDENT & CEO 18 JULY 212 Highlights Q2/212 Order intake EUR 1,198 million, +2% Net sales EUR 1,99 million, +6% Book-to-bill 1.9 (1.13) EBIT EUR 113 million,
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH 211 OLE JOHANSSON, PRESIDENT & CEO 2 APRIL 211 1 Wärtsilä Q1/11 Highlights Net sales EUR 1,83 million, +18% Order intake EUR 979 million, +11% Operating
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION UBS PAN EUROPEAN SMALL & MIDCAP CONFERENCE RAIMO LIND, EVP & CFO 19 MAY 211 1 Wärtsilä Q1/11 Highlights Net sales EUR 1,83 million, +18% Order intake EUR 979 million, +11% Operating
More informationWÄRTSILÄ CORPORATIONO O
WÄRTSILÄ CORPORATIONO O Handelsbanken Nordic Large Cap Seminar 12 September 2011 CHRISTOPH VITZTHUM GROUP VICE PRESIDENT, SERVICES 1 Wärtsilä This is Wärtsilä SHIP POWER POWER PLANTS SERVICES 2 Wärtsilä
More informationHandelsbanken Nordic Large Cap Seminar
Handelsbanken Nordic Large Cap Seminar BJÖRN ROSENGREN, PRESIDENT AND CEO 10 SEPTEMBER 2012 Wärtsilä This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 2 Wärtsilä Global net sales - top 10 countries Norway
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 21 OLE JOHANSSON, PRESIDENT & CEO 2 OCTOBER 21 1 Wärtsilä Q3/1 Highlights Order intake EUR 1,4 million (+38%) Net sales EUR 1,39 million (-11%) Operating
More informationWÄRTSILÄ CORPORATION
WÄRTSILÄ CORPORATION 26 RESULT PRESENTATION OLE JOHANSSON, PRESIDENT & CEO 6 FEBRUARY 27 1 Wärtsilä Highlights 26 Order intake +32.4% Order book +52.8% Net sales +26.6% Operating income +29.2% Profitability
More informationWärtsilä Corporation. Interim Report January-September 2006 Ole Johansson, President & CEO. 31 October Wärtsilä
Wärtsilä Corporation Interim Report January-September 26 Ole Johansson, President & CEO 31 October 26 Highlights Q3/26 Strong order intake continued (+25%) Net sales +26% Operating income +29% Strong cash
More informationWärtsilä Corporation. Interim Report January-March 2005 Ole Johansson, President & CEO. 4 May Wärtsilä
Wärtsilä Corporation Interim Report January-March 2005 Ole Johansson, President & CEO 4 May 2005 Highlights of the first quarter Net sales up by 9.4% to EUR 570.7 million (521.7) Operating income improved
More information1 Wärtsilä 17 June 2007 WÄRTSILÄ CORPORATION THIS IS WÄRTSILÄ
1 Wärtsilä 17 June 2007 WÄRTSILÄ CORPORATION THIS IS WÄRTSILÄ We are Wärtsilä We have 173 years of experience in power generation on land and at sea. We are one company united by the same values and vision
More informationDRIVING PROFITABLE GROWTH. BJÖRN ROSENGREN President & CEO
DRIVING PROFITABLE GROWTH BJÖRN ROSENGREN President & CEO 1 Wärtsilä 14 November 2013 BJÖRN ROSENGREN Fundamental changes taking place in our end markets 2 Wärtsilä 14 November 2013 BJÖRN ROSENGREN vw
More informationWÄRTSILÄ TO ACQUIRE L-3 MARINE SYSTEMS INTERNATIONAL
WÄRTSILÄ TO ACQUIRE L-3 MARINE SYSTEMS INTERNATIONAL PRESS CONFERENCE 16.12.2014 Jaakko Eskola 1 The most complete marine offering on earth 2 Wärtsilä Corporate presentation 2014 L-3 Marine Systems International
More informationKAMPEN SITE VISIT CHRISTOPH VITZTHUM, PRESIDENT, SERVICES & EVP, WÄRTSILÄ 20 AUGUST Wärtsilä
KAMPEN SITE VISIT CHRISTOPH VITZTHUM, PRESIDENT, SERVICES & EVP, WÄRTSILÄ 20 AUGUST 2013 Wärtsilä This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 2 Wärtsilä Order intake development MEUR 5500 5000 4500
More informationProgressing towards profitable growth
Progressing towards profitable growth Jaakko Eskola President & CEO 1 Wärtsilä 29 September 2016 Jaakko Eskola OUR STRATEGIC GROWTH AGENDA Focused on fostering a high performance culture committed to continuous
More informationWärtsilä Corporation 2005
Wärtsilä Corporation 25 Ole Johansson, President & CEO 7 February 26 Mission and Vision Mission We provide lifecycle power solutions to enhance the business of our customers, whilst creating better technologies
More informationPOWER PLANTS FOCUS ON GAS
POWER PLANTS FOCUS ON GAS VESA RIIHIMÄKI President, Power Plants & Executive Vice President 1 Wärtsilä 14 November 2013 VESA RIIHIMÄKI Wind, solar and gas expected to grow strongly 2010 Hydro 20% Bioenergy
More informationANNUAL GENERAL MEETING 2007
ANNUAL GENERAL MEETING 2007 Ole Johansson 1 Wärtsilä Ship Power solutions Growth through new products and increasing presence in Asia Power Plant solutions Stronger position in decentralized energy 2 Wärtsilä
More informationKOPONEN VICE PRESIDENT, FINANCE & CONTROL, SHIP POWER
WÄRTSILÄ IN CHINA KEVA trip to Shanghai TIMO KOPONEN VICE PRESIDENT, FINANCE & CONTROL, SHIP POWER 7.11.2011 1 Wärtsilä Agenda What is Wärtsilä today? Where is ship building today? Why Wärtsilä is in China?
More informationWärtsilä Corporation Corporate Presentation 2006
Wärtsilä Corporation Corporate Presentation 2006 Wärtsilä in brief Wärtsilä focuses on the ship power and energy markets with products and solutions as well as services. Lifetime support of installations
More informationStrategic road map. President & CEO Ole Johansson
Strategic road map President & CEO Ole Johansson Capital Markets Day, 16 June 2006 Order intake growth continued, April - May 2006 Order intake up by 39% to MEUR 647 (464) Ship Power MEUR 381 (218) Power
More informationCUSTOMER SEGMENTS IN SHIP POWER TIMO KOPONEN VP FINANCE&CONTROL, SHIP POWER
CUSTOMER SEGMENTS IN SHIP POWER TIMO KOPONEN VP FINANCE&CONTROL, SHIP POWER 1 Wärtsilä Customer segments/ Timo Koponen, Ship Power Why Customer segments? Background and objectives Package sales of Total
More informationMulti fuel capability, high efficiency, and creating flexibility with Generation Resources: Internal Combustion Engines
WÄRTSILÄ Multi fuel capability, high efficiency, and creating flexibility with Generation Resources: Internal Combustion Engines John Robbins John.robbins@Wartsila.com Office 503 432 8335 Cell 503 720
More informationNet sales by business area in % Services. Ship Power 31% Power Plants POWER PLANTS
THIS IS WÄRTSILÄ Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the
More informationFinnair Group Interim Report 1 January 30 September 2008
Finnair Group Interim Report 1 January 30 September 2008 1 31/10/2008 Presentation name / Author Airline industry at a historical turning point Expensive fuel price in the beginning of 2008 has dramatical
More informationFinnair Group Interim Report 1 January 30 June 2008
Finnair Group Interim Report 1 January 30 June 2008 1 08/08/2008 Presentation name / Author Airline industry at a historical turning point Fuel price has a stranglehold on the business Average ticket prices
More informationTowards a 100% renewable energy future: WÄRTSILÄ Energy Solutions
Towards a 100% renewable energy future: WÄRTSILÄ Energy Solutions Marco Golinelli, Director Energy Solutions X Conferenza Nazionale per l Efficienza Energetica THIS IS WÄRTSILÄ A global leader in smart
More informationWärtsilä Corporation. Corporate presentation Wärtsilä
Wärtsilä Corporation Wärtsilä - Power on Land and at Sea Wärtsilä is the leading global ship power supplier and a major provider of solutions for decentralized power generation and of supporting services.
More informationWÄRTSILÄ S STRONG FINANCIAL POSITION. RAIMO LIND Executive Vice President, CFO
WÄRTSILÄ S STRONG FINANCIAL POSITION Executive Vice President, CFO 1 Wärtsilä 29 March 212 Contents Topic 3 Growth over the cycle fulfils targeted levels 4 Net sales emphasis on high growth areas 5 Net
More informationFinnair Group Interim Report 1 January 31 March 2008
Finnair Group Interim Report 1 January 31 March 2008 1 29/04/2008 Presentation name / Author Outlook for the industry less positive Growth of demand declining due to uncertainty of global economy Growth
More informationLifetime Performance INTERIM REPORT January-June 2005
Lifetime Performance INTERIM REPORT January-June 2005 INTERIM REPORT JANUARY-JUNE 2005 WÄRTSILÄ CORPORATION SECOND QUARTER HIGHLIGHTS: Net sales grew to EUR 686.8 million (58.3) Operating income improved
More informationLong Term Trends in Shipbuilding HVB Press Conference. 20 th September 2006 Stephen Gordon, Clarkson Research
Long Term Trends in Shipbuilding HVB Press Conference 20 th September 2006 Stephen Gordon, Clarkson Research Introduction Background to Shipbuilding Investment The Current Orderbook The Product Mix Regional
More informationInterim Report JANUARY-JUNE 2004
Interim Report JANUARY-JUNE 2004 INTERIM REPORT JANUARY-JUNE 2004 WÄRTSILÄ CORPORATION HIGHLIGHTS OF SECOND QUARTER 4-6/2004: Net sales rose 7.9% on the same period in 2003. The operating margin was 4.7%
More information2012 Result. Mika Vehviläinen CEO
2012 Result Mika Vehviläinen CEO 1 Agenda Market environment in Q4 Business performance and strategy execution Outlook Financials 2 Market Environment According to IATA, Global air travel continues to
More informationGlobus Maritime Limited Trading Update and Financial Highlights for the Three Months and Nine Months Ended September 30, 2007.
Globus Maritime Limited Trading Update and Financial Highlights for the Three Months and Nine Months Ended September 30, 2007. Athens, Greece, November 15, 2007. Globus Maritime Limited (AIM: GLBS), a
More informationTEXT: ISABELLE KLIGER PHOTO & ILLUSTRATION: WÄRTSILÄ WHY FUEL PUMPS [ SOLUTION ] 54 Twentyfour
TEXT: ISABELLE KLIGER PHOTO & ILLUSTRATION: WÄRTSILÄ WHY FUEL PUMPS MATTER [ SOLUTION ] 54 Twentyfour7. 3.15 Liquefied natural gas (LNG) is widely viewed as the fuel of the future. But for both safety
More informationWärtsilä s Interim Report January-March 2008 THE ENGINE OF INDUSTRY
Wärtsilä s Interim Report January-March 2008 THE ENGINE OF INDUSTRY 1 INTERIM REPORT JANUARY-MARCH 2008 The figures in this interim report are unaudited. REVIEW PERIOD JANUARY MARCH 2008 IN BRIEF MEUR
More informationQANTAS HALF YEAR 2015 FINANCIAL RESULTS 1
QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1 Key points: Underlying Profit Before Tax: $367 million Statutory Profit After Tax: $206 million Transformation benefits: $374 million Comparable unit cost reduction:
More informationSHIP POWER YOUR SHORTER ROUTE TO BIGGER PROFITS. JAAKKO ESKOLA Group Vice President, Ship Power
SHIP POWER YOUR SHORTER ROUTE TO BIGGER PROFITS Group Vice President, Ship Power 1 Wärtsilä 29 March 2012 Shipping has a future 90% of world trade is still done by sea NO SUPRISE it doesn t cost a thing
More informationWärtsilä Italia S.p.A. Confindustria Venezia Giulia - Trieste, 28 th February 2018
Wärtsilä Italia S.p.A. Confindustria Venezia Giulia - Trieste, 28 th February 2018 1 THIS IS WÄRTSILÄ A global leader in advanced technologies and complete lifecycle solutions for the marine and energy
More informationWärtsilä Corporation Q1 Interim report. January March 2015
Wärtsilä Corporation Q1 Interim report January March 2015 Wärtsilä Corporation January-March 2015 Interim report 2 Services and Power Plants ordering activity compensates for weaker marine markets As a
More informationInterim Report 6m 2014
August 11, 2014 Interim Report 6m 2014 Investors and Analysts Conference Call on August 11, 2014 Joachim Müller, CFO Latest ad-hoc release (August 4, 2014) Reduction of forecast, primarily due to a further
More informationFinnair Q Result
Finnair Q1 2015 Result 7 May 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Turbulent market environment The weakness of the Finnish economy continued to be reflected in the demand in the first
More informationWӒRTSILӒ SHIP DESIGN COMPANY INTRODUCTION. Andrew Loh. Presentation name / Author. Day Month Year
WӒRTSILӒ SHIP DESIGN COMPANY INTRODUCTION Andrew Loh 1 Presentation name Author NAMES THAT MAKE - Wärtsilä Ship Design Wärtsilä Ship Design Norway Wärtsilä Ship Design Sinagpore Wärtsilä Ship Design Poland
More informationWärtsilä Capital Markets Day
Wärtsilä Capital Markets Day Streamlining for a less cyclical future Raimo Lind, Executive Vice President and CFO Trieste, Italy, May 31 2005 Reducing cyclicality 1. Streamlined capacity and increased
More informationPress Release. Bilfinger with dynamic start to financial year 2018
Press Release May 15, 2018 Bilfinger with dynamic start to financial year 2018 Book-to-bill ratio reaches 1.2 in the first quarter Fourth consecutive growth quarter in orders received Adjusted EBITA above
More informationLifetime Performance INTERIM REPORT January - March 2005
Lifetime Performance INTERIM REPORT January - March 2005 INTERIM REPORT JANUARY- MARCH 2005 WÄRTSILÄ CORPORATION FIRST-QUARTER HIGHLIGHTS: Net sales grew to EUR 570.7 million (52.7) Operating income improved
More informationInterim Report January - September 2002
Interim Report January - September 2002 INTERIM REPORT JANUARY-SEPTEMBER 2002 WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 2002 Wärtsilä s net sales increased and operatin profit totalled EUR
More informationBoeing Commercial Airplanes
May 2014 Investor Conference Boeing Commercial Airplanes Ray Conner President and Chief Executive Officer Boeing Vice Chairman May 21, 2014 Boeing Commercial Airplanes Strong operating performance Record
More informationSECOND QUARTER 2017 Martin Lundstedt, President and CEO
SECOND QUARTER 2017 Martin Lundstedt, President and CEO Volvo Group SECOND QUARTER HIGHLIGHTS Net sales +12% (+6% excl. currency) Continued improved profitability for the Group - Trucks adjusted operating
More informationORLD S LARGEST AS EN OPENS UP THE TEXT: HARRIET ÖSTER PHOTOS: WÄRTSILÄ
[ ] TEXT: HARRIET ÖSTER PHOTOS: WÄRTSILÄ T n e n n n n n n n n e n n n o f u f 7 7 r. 7..1 4 1 4 0 ORLD S LARGEST AS EN OPENS UP THE With the launch of the Wärtsilä 18V50SG gas gine, Wärtsilä now has two
More informationDemand, Supply & Capacity in the Shipbuilding Industry
Demand, Supply & Capacity in the Shipbuilding Industry million dwt Ship completions by region 120 100 80 60 Other Europe Japan Korea China "Europe" includes Russia SOURCE: IHS-Fairplay 40 20 42.3 0 0.4
More informationCONTACT: Investor Relations Corporate Communications
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2017
More informationGOOD STRATEGY IMPLEMENTATION DELIVERS SHAREHOLDER VALUE
GOOD STRATEGY IMPLEMENTATION DELIVERS SHAREHOLDER VALUE Marco Wirén, CFO and Executive Vice President 1 Wärtsilä PUBLIC ATTRACTIVE LONG-TERM INVESTMENT
More informationFinnair Group Annual Report 1 January 31 December 2006
Finnair Group Annual Report 1 January 31 December 2006 2006: A year for restructuring Scheduled Passenger Traffic transforming to meet Asian traffic demands Labour negotiations to cut 670 jobs 80 million
More informationWELCOME TO WÄRTSILÄ CHINA
WELCOME TO WÄRTSILÄ CHINA JAAKKO ESKOLA, GROUP VICE PRESIDENT, SHIP POWER JAMES HAN PRESIDENT OF WÄRTSILÄ CHINA LTD. 1 Wärtsilä Topics Wärtsilä in brief Chinese Economy Update Wärtsilä in China Marine
More informationFinnair Q Result
Finnair Q2 2015 Result 14 August 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Market environment shows signs of improvement There were signs of a recovery in the demand for consumer and business
More informationFinnlines Plc Annual General Meeting Tom Pippingsköld, CFO
Finnlines Plc Annual General Meeting 12.4.2016 Tom Pippingsköld, CFO 1 Global Shipping Segments 1 Jan 2015 Source: http://www.statista.com/statistics/264024/number-of-merchant-ships-worldwide-by-type/
More informationACCOUNT BASED MARKETING IN INDUSTRIAL B2B
ACCOUNT BASED MARKETING IN INDUSTRIAL B2B CASE: Texas energy market Jukka-Pekka Niemi, General Manager - Marketing and Communications Wärtsilä Energy Solutions 2 Wärtsilä NOT YET CLASSIFIED 2.2.2017 [Presentation
More informationTECHNOLOGY COMPLIANCE FOR SUSTAINABLE SHIPPING
TECHNOLOGY COMPLIANCE FOR SUSTAINABLE SHIPPING Motorways of the Sea Conference 18-19 th November 2014, Gothenburg, Sweden Tomas Aminoff, Director Technology Strategy Wärtsilä Increasing regulations and
More informationTable of contents. This is Wärtsilä 03. Sustainability 54. Governance 110. Investors 152. Financial statements 165
Wärtsilä Corporation Annual Report 2016 Table of contents This is Wärtsilä 03 Sustainability 54 Governance 110 Investors 152 Financial statements 165 Wärtsilä Corporation Annual Report 2016 This is Wärtsilä
More informationWärtsilä s Interim Report January-September The engine of industry
Wärtsilä s Interim Report January-September 2007 The engine of industry 2 WÄRTSILÄ CORPORATION - INTERIM REPORT JANUARY-SEPTEMBER 2007 Interim Report January-September r 2007 The figures in this interim
More informationComposite Bearing Solutions for Stern Tubes and Rudders
Composite Bearing Solutions for Stern Tubes and Rudders Products, Packages and Services Available from Wärtsilä Seals & Bearings z Complete water lubricated packages for new build vessels z Oil to water
More informationPress Release. Bilfinger 2017: Stable foundation laid for the future
Press Release February 14, 2018 Bilfinger 2017: Stable foundation laid for the future Organic growth in orders received after three years of decline Trend reversal: Output volume better than expected Growth
More informationI N T E R I M R E P O R T JANUARY-JUNE
I N T E R I M R E P O R T 06 JANUARY-JUNE INTERIM REPORT JANUARY-JUNE 2006 WÄRTSILÄ CORPORATION APRIL-JUNE ORDER INTAKE GREW 41.4% PROFITABILITY ON TRACK AND DEMAND EXPECTED TO CONTINUE ON A GOOD LEVEL
More informationOUR VIEW: the future of fleet. retirements,
quarterly newsletter 2017 Q3 OUR VIEW: the future of fleet retirement In this issue of our newsletter, we continue with the of large fleets of regional as well as small single-aisle series of editorials
More informationSkyWest, Inc. Announces First Quarter 2018 Profit
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces First Quarter 2018
More informationAIRBUS H Roadshow Presentation. New York July 31 st, 2017
AIRBUS H1 2017 Roadshow Presentation New York July 31 st, 2017 H1 2017 HIGHLIGHTS 2 Healthy commercial aircraft environment; robust backlog of 6,771 a/c supports ramp-up plans H1 financials reflect delivery
More informationOrkun OZEK. Board Treasurer
Orkun OZEK 1 Board Treasurer HISTORY Founded on 07 July 1971 93 Members 2 MISSION STATEMENT Promoting and protecting the interests of members and improving the quality and standards of Turkish shipbuilding
More informationInvestor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE
Investor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE 1 Forward Looking Statements In addition to historical information, this presentation contains forward-looking statements
More informationINVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015
1 INVESTOR MEETING PARIS AIRSHOW 2015 Tom Enders Fabrice Bregier Harald Wilhelm CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus PATH TO ENHANCED VALUE 2 Healthy commercial aircraft market Transformation
More informationWärtsilä Corporation Annual report 2013
Wärtsilä Corporation Annual report 2013 Table of contents 03 37 125 170 183 200 BUSINESS SUSTAINABILITY GOVERNANCE INVESTORS BOARD OF DIRECTORS' REPORT FINANCIALS 2 BUSINESS 03 04 06 07 07 09 10 12 15
More informationFOURTH QUARTER AND FULL-YEAR RESULTS February 2008
FOURTH QUARTER AND FULL-YEAR RESULTS 2 1 February 2 AGENDA CEO review Financial review Operating review of Mobile Concluding remarks Harri Koponen Lars Nilsson Harri Koponen Harri Koponen 2 29-2-1 Fourth
More informationASL Marine Holdings Ltd.
ASL Marine Holdings Ltd. SHIPBUILDING SHIPREPAIR SHIPCHARTERING Pulse of Asia 2008 - Presentation 8 th July 2008 1 Presentation Outline Company Profile 9M FY2008 Financial Review Business Review - Shipbuilding
More informationAEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS
AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS Moscow, 1 March 2018 Aeroflot Group ( the Group, Moscow Exchange ticker: AFLT) today publishes its audited financial statements in accordance with International
More informationPreliminary Figures FY 2016
February 14, 2017 Preliminary Figures FY 2016 Capital Markets Day 2017 Tom Blades (CEO) Disclaimer This presentation has been produced for support of oral information purposes only and contains forwardlooking
More informationInvestor Update Issue Date: April 9, 2018
Investor Update Issue Date: April 9, 2018 This investor update provides guidance and certain forward-looking statements about United Continental Holdings, Inc. (the Company or UAL ). The information in
More informationRecord Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million
2006/07 Full Year Results Investor Presentation August 16 2007 Record Result Moved on successfully following bid Profit before tax + 53.8% to $1,032 million Group returning above Cost of Capital 2 Key
More informationCONTACT: Investor Relations Corporate Communications
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Fourth Quarter 2017
More informationFor Immediate Release September 3, CONSTRUCTION BEGINS ON NEW CABLE FERRY Special steel cutting ceremony held at shipyard
For Immediate Release 14-033 September 3, 2014 CONSTRUCTION BEGINS ON NEW CABLE FERRY Special steel cutting ceremony held at shipyard VICTORIA BC Ferries and Seaspan s Vancouver Shipyards announced that
More informationG4S presents 2017 segmental results reflecting new organisation structure
. 11 July 2018 G4S presents 2017 segmental results reflecting new organisation structure In accordance with IFRS, the presentation of G4S s results from H1 2018 onwards will reflect the new organisation
More informationMIRAMAR, Fla., April 29, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported first quarter 2015 financial results.
April 29, 2015 Spirit Airlines Announces First Quarter 2015 Results; Adjusted Net Income Increases 87.1 Percent to $70.7 Million and Pre-Tax Margin Increases 900 Basis Points to 22.7 Percent MIRAMAR, Fla.,
More information2014 Annual Results 1
1 2014 Annual Results Annual Results 2014 2013 Change HK$M HK$M Attributable profit 573 625-8.3% Revenue 11,927 7,387 +61.5% Earnings per share (HK$) 3.45 3.76-8.3% Total dividends per share (HK$) 2.10
More informationThank you for participating in the financial results for fiscal 2014.
Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots
More informationFinal Results 31 December 2013
Final Results 31 December 2013 Clarkson PLC 10 March 2014 www.clarksons.com Agenda Headline results Divisional performance Business Model & Strategy The market Outlook 10 March 2014 Final Results www.clarksons.com
More information