Q3 2023 Wartsila Oyj Abp Earnings Call Transcript

Oct 31, 2023 / 08:00AM GMT

Release Date Price: $2.36 (+13.46%)

Transcript

Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

WÃ

¤¤-

Hi all, and welcome to this results briefing for Wartsila Q3 results. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations.

Today, our CEO, Hakan Agnevall, will go through the group highlights and business-specific performance. And after that, our CFO, Arjen Berends, will continue with recent financials. After the presentation, there is a possibility to ask questions, and we are also happy to discuss the strategic review we have announced today for our Energy Storage and optimization business. Time to start, Hakan.

Hakan Agnevall;rtsilÃ;Oyj Abp;President

WÃ;CEO & Member of Management Board

¤¤- -

Thank you, Hanna-Maria. Thank you, and welcome, everybody, to our interim report. And if we start from the very beginning, I think we see a very positive trend for Wartsila. Improved profitability, strong cash flow and good development on the services side. So

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