Wärtsilä Oyj Abp

Helsinki Stock Exchange WRT1V.HE

Wärtsilä Oyj Abp Gross Profit for the year ending December 31, 2023: USD 2.87 B

Wärtsilä Oyj Abp Gross Profit is USD 2.87 B for the year ending December 31, 2023, a 23.30% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Wärtsilä Oyj Abp Gross Profit for the year ending December 31, 2022 was USD 2.32 B, a -2.13% change year over year.
  • Wärtsilä Oyj Abp Gross Profit for the year ending December 31, 2021 was USD 2.37 B, a -1.23% change year over year.
  • Wärtsilä Oyj Abp Gross Profit for the year ending December 31, 2020 was USD 2.40 B, a -7.74% change year over year.
  • Wärtsilä Oyj Abp Gross Profit for the year ending December 31, 2019 was USD 2.61 B, a -5.13% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Helsinki Stock Exchange: WRT1V.HE

Wärtsilä Oyj Abp

CEO Mr. Hakan Agnevall M.B.A., M.Sc.
IPO Date Jan. 3, 2000
Location Finland
Headquarters Hiililaiturinkuja 2
Employees 18,171
Sector Utilities
Industries
Description

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company's marine power portfolio includes engines, propulsion systems, hybrid technology, and integrated powertrain systems; marine systems comprising products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair, and electrical integrations; voyage solutions consists of bridge infrastructure, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end connected digital ecosystem for shipping; and decarbonization energy services include future-fuel enabled balancing power plants, hybrid solutions, energy storage, and optimization technology, such as the GEMS energy management platform. It provides power and propulsion products, such as electrical and power systems, engines and generating sets, propulsors and gears, and shaft line solutions; gas, ballast water management, freshwater generation, waste and wastewater treatment, and exhaust treatment solutions; and voyage and fleet optimization services comprising autonomy, simulation and training, fleet optimization and safety, integrated vessel control systems, port and traffic management, and dynamic positioning services. The company also offers spare parts and field services, technical support, maintenance and repair services, lifecycle upgrades and solutions, and training services. In addition, it provides products and solutions for energy storage, and engine and hybrid power plants. The company serves merchant vessels, gas carriers, cruise and ferry, navy, and special vessels segments; offshore installations and related industry vessels and land-based gas installations; and ship owners, shipyards, and ship management companies. Wärtsilä Oyj Abp was founded in 1834 and is headquartered in Helsinki, Finland.

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StockViz Staff

January 15, 2025

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