Q4 2023 Wartsila Oyj Abp Earnings Call Transcript

Jan 31, 2024 / 08:00AM GMT
Hanna-Maria Heikkinen - ¤rtsiläOyj Abp-VP of IR

Everybody, and welcome to this news conference for Wärtsilä Results 2023. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Håkan Agnevall, will start with the group highlights, business performance. And after that, our CFO, Arjen Berends, will continue with the key financials. After the presentation, there is a possibility to ask questions.

Please, HÃ¥kan, time to start.

Hakan Agnevall - ¤rtsiläOyj Abp-President - CEO & Member of Management Board

Yes. Thank you, Hanna-Maria, and a warm welcome to today's session. Focusing on 2023, it was a good step in the right direction for Wärtsilä. We improved in many areas, and we managed to have all-time high order intake, net sales, and cash flow. And we are improving our profitability. We have a clear path to our 12% operating margin target, but more about that.

So order

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