Wartsila jumps to record high after engine contract in U.S.

Wartsila Oyj Abp

15/07/2025 13:49

** Shares in Wartsila WRT1V.HE are up 7% after the Finnish engineering group gets delivery contract in the U.S.

** The company is to supply flexible engines for new data center project in Ohio, U.S.

** Wartsila said it would exceed 6,000 MW of total delivered capacity in U.S. with this project

** RBC Capital Markets views this as very good news for Wartsila, noting it's an order the market has been waiting for since January

** The brokerage estimates the order size to be about 200-220 million euros, which would represent about 30% of the Energy division's order intake for Q2

** RBC expects Wartsila to find further customers in the U.S. among smaller, localised datacenters with 30-400 MW power demand

** The stock hits its highest ever, and is among best performers on the pan-European STOXX 600 .STOXX index

 (Reporting by Marta Frąckowiak)

 ((marta.frackowiak@thomsonreuters.com))