Wartsila Q2 order intake jumps 33% to record high on data centres

Wartsila Oyj Abp

21/07/2026 06:43

    

    Overview
  
Finland marine and energy tech firm's Q2 order intake hit record high, up 33% yr/yr
Q2 net sales remained stable, while adjusted EBIT and EPS both increased yr/yr
Company completed divestments of non-core units and agreed Energy Storage joint venture

    

    Outlook
  
Wärtsilä expects Marine demand over the next 12 months to be similar to the prior period
Company expects Energy demand over the next 12 months to be similar to the prior period
Company says strong demand environment continues, especially in Energy, following record order intake

    

    Result Drivers
  
ENERGY DEMAND - Record order intake in Energy driven by data centre projects and balancing orders, per CEO Håkan Agnevall
MARINE MARKET ACTIVITY - Geopolitical disruptions and decarbonisation regulations supported vessel utilisation and demand for newbuild solutions
PORTFOLIO STREAMLINING - Service order intake decreased due to divestments of Portfolio Business and negative FX impact

    
Company press release: ID:nWkr4gQkH8

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
 
EUR 1.56 bln
 
Q2 EPS
 
EUR 0.25
 
Q2 Adjusted EBIT
 
EUR 218 mln
 
Q2 EBIT
 
EUR 209 mln
 
Q2 Orders
 
EUR 2.85 bln
 
Q2 Pretax Profit
 
EUR 200 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and 7 "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Wartsila Oyj Abp is €34.00, about 11.3% above its July 20 closing price of €30.56
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 27 three months ago

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)