Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Research

Wärtsilä: Turning into tailwinds

By Erkki VesolaAnalyst
Wärtsilä
Download report (PDF)

Wärtsilä's Q4 figures went against expectations, but were good overall. The company raised its 2024 market outlook for the Marine business and management comments were positive.

Wärtsilä

13.7EUR31.01.2024, 18.00
15EURTarget price
Accumulate
Changed from:Accumulate
Recommendation updated:31.01.2024

Wärtsilä specializes in power solutions for the marine and energy sectors. The business is managed based on several business segments and the range includes integrated system solutions, spare parts, and associated service functions during the installation cycle, but also complete operation and optimization services. The company was originally founded in 1834 and is headquartered in Helsinki, Finland.

Read more on company page

Key Estimate Figures31.01.2024

202324e25e
Revenue6,015.07,114.47,619.2
growth-%2.9 %18.3 %7.1 %
EBIT (adj.)497.0669.9754.1
EBIT-% (adj.)8.3 %9.4 %9.9 %
EPS (adj.)0.560.780.89
Dividend0.320.400.50
Dividend %2.4 %2.2 %2.8 %
P/E (adj.)23.622.820.2
EV/EBITDA13.112.510.9
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team