Wartsila Corp (LTS:0IKJ)
€ 17.5775 0.025 (0.14%) Market Cap: 10.55 Bil Enterprise Value: 10.15 Bil PE Ratio: 24.12 PB Ratio: 4.44 GF Score: 70/100

Wartsila Oyj Abp Mid Quarter Call Transcript

May 20, 2022 / 07:00AM GMT
Release Date Price: €7.69 (+3.51%)
Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

¤¤-

So welcome to this Wärtsilä mid-quarter call with our CEO, Hakan Agnevall. My name is Hanna-Maria Heikkinen -- we will start this call with a small recap from related to our service business. As you may remember, we have very solid service business, net sales last year roughly [EUR 2.5 billion] and it's growing steadily. (Operator Instructions)

Hakan, please, let's get started.

Hakan Agnevall;rtsilÃ;Oyj Abp;President
WÃ;CEO & Member of Management Board

¤¤- -

Thank you, Hanna-Maria, and welcome everybody this morning. Then as Hanna-Maria said, I'm going to do a kind of short starters update where we are with our service business and then we move quickly into the Q&A session, so to say.

So -- I mean, as you know, our service business is really vital for us. It's more than half of our revenues, and we have also identified some major growth drivers, and it

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