Wartsila Corp (LTS:0IKJ)
€ 17.5525 -0.215 (-1.21%) Market Cap: 10.55 Bil Enterprise Value: 10.15 Bil PE Ratio: 24.09 PB Ratio: 4.43 GF Score: 70/100

Q4 2022 Wartsila Oyj Abp Earnings Call Transcript

Jan 31, 2023 / 08:00AM GMT
Hanna;Maria Heikkinen;rtsilÃ;Oyj Abp;VP of IR

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Good morning, everybody, and welcome to this results briefing for Wärtsilä Financial Statements Bulletin 2022. 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, continue with the business area performance. And after that, our CFO, Arjen Berends, will continue with the key financials. After the presentation, there is a possibility to ask questions. Kindly start. Please, Hakan.

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

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Thank you, Hanna-Maria, and welcome, everybody. Let's dive into it straight away. So if we sum up the full year of 2022, it's been a challenging year. But on the positive side, with strong annual growth. Order intake increased by 6%. Net sales has increased by 22% and we do see continued good progress on the services side. The service

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