Financial targets and achievements

Wärtsilä confirmed the financial targets on Capital Markets Day on 9 November 2023. 

Screenshot 2023-12-07 085738

Net sales

Net sales 2023

TARGET
5% annual organic growth

DEVELOPMENT
In 2022, organic net sales growth was 18% and net sales amounted to EUR 5,842 million.

Profitability

result 2023

TARGET
12% operating margin

DEVELOPMENT
In 2023, operating result amounted to EUR 402 million, which represents 6.7% of net sales.

Capital structure

Gearing 2023

TARGET
Gearing below 0.50

DEVELOPMENT
In 2023, gearing was 0.02.

Dividend

Dividend 2023

TARGET
Distribute a dividend of at least 50% of earnings

DEVELOPMENT
The Board of Directors accepted that a dividend of EUR 0.32 per share be paid for the financial year 2023.