Financial targets and achievements

Wärtsilä introduced new combined financial targets for Marine and Energy, and separate new financial targets for the Energy Storage businesses on 1 April 2025. 

Marine and Energy, combined financial targets

• 5% annual organic growth
• 14% operating margin

Energy Storage, financial targets

• Low double-digit annual organic growth
• 3-5% operating margin

Group, financial targets

• Gearing below 0.5
• Distribute a dividend of at least 50% of earnings

Operating margin targets are long term targets. In the short term, selective entry to new markets and related investments are expected to burden Energy Storage profitability.

Previously, Wärtsilä’ financial targets were set for the whole group and included 5% annual organic growth, 12% operating margin, gearing below 0.5 and a dividend distribution of at least 50% of earnings.