Apr 25, 2025 / 07:00AM GMT
Hanna-maria Heikkinen - Wartsila Oyj Abp - Vice President, Investor Relations
Good morning, and welcome to this news conference for Wartsila Q1 '25 results. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Hakan Agnevall, will start with the group highlights, then he will continue with that business performance. And after that, our CFO, Arjen Berends, will continue with the key financials. After the presentation, we will continue with a Q&A session.
Hakan, it's time to start.
Hakan Agnevall - Wartsila Oyj Abp - President, Chief Executive Officer, Member of the Management Board
Yeah. Time to get rolling. First quarter, it was a strong quarter. We improved our operating results, and we continue to grow strong on net sales. We have an all-time high order book of about EUR8.5 billion.
Net sales increased by 18% to about EUR1.6 billion. Operating results increased by 30% to EUR165 million, which corresponds to 10.6% of net sales. Comparable operating results increased by 29% to EUR171
Q1 2025 Wartsila Oyj Abp Earnings Call Transcript
Apr 25, 2025
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