Revenue distribution by industry:

• Marine Solutions: approx. 45%
• Energy Solutions: approx. 35%
• Services: approx. 20%

Top 3 markets and their percentage shares:

• Europe: approx. 30%
• Asia: approx. 25%
• North America: approx. 20%

Wärtsilä Oyj Abp generates its revenues mainly from the Marine Solutions, Energy Solutions, and Services sectors. The Marine sector is the largest revenue contributor, followed by Energy Solutions, which respond to the increasing demand for sustainable and efficient energy solutions.

Geographically, Europe is the largest market for Wärtsilä, attributed to the strong presence and demand for maritime and energy solutions in this region. Asia and North America follow, with both markets benefiting from increasing industrialization and the need for advanced energy solutions.

Production sites of Wärtsilä Oyj Abp:

1. Finland - Headquarters and significant production facilities.
2. Italy - Important production plants for engines and other maritime technologies.
3. India - Production capacities for the Asian market.
4. China - Joint ventures and production facilities to serve the local market.
5. Germany - Specialized production facilities.

Wärtsilä Oyj Abp is a globally operating company with production sites in several countries. The headquarters is located in Finland, where a part of the production also takes place. Italy and Germany are also important locations for the manufacturing of engines and maritime equipment. In Asia, Wärtsilä has production capacities in India and China to meet the demand in these rapidly growing markets.

Revenue growth: 10.2% (2024)
Focus on renewable energies: 35% of the portfolio (2025)
Investments in research and development: 5% of revenue (2024)

Wärtsilä Oyj Abp pursues a strategy that is strongly focused on promoting renewable energies and sustainable technologies. The company aims to increase its share of renewable energies in the portfolio to 35% to support the global transition to cleaner energy sources.

Another focus is on increasing investments in research and development, currently accounting for 5% of revenue. These investments are intended to strengthen innovation and drive the development of new technologies that can be applied in both the maritime and energy sectors.

In addition, Wärtsilä plans to expand its market presence through strategic partnerships and acquisitions to strengthen its position in key markets and explore new business opportunities.

Main Imported Raw Materials:

• Steel
• Aluminum
• Copper
• Electronic Components

Main Supplier Countries:

• China
• Germany
• Sweden
• USA

Wärtsilä Oyj Abp, a leading company in the manufacturing of energy and marine equipment, imports a variety of raw materials and materials that are essential for its production. Steel, aluminum, and copper are crucial for the production of engines and other mechanical components. Electronic components are also of central importance, especially for the advanced control systems used in their products.

China is a significant supplier of metals and electronic components, while Germany and Sweden provide high-quality mechanical components and technologies. The USA also supplies specialized electronic components and technologies used in Wärtsilä's advanced systems. This diversified supply chain enables Wärtsilä to offer high-quality products at competitive prices.

Market share: 10% in the area of ship engines (2024) Research & Development (R&D) expenses: 4.5% of revenue (2024) Sustainability initiatives: 30% reduction in CO2 emissions by 2030

Wärtsilä Oyj Abp has a significant competitive advantage due to its strong position in the ship engines and energy systems sector. With a market share of around 10% in the ship engines segment, the company is a major player in the industry.

Another advantage lies in the continuous investments in research and development, which account for approximately 4.5% of revenue. These investments enable Wärtsilä to offer innovative and efficient solutions that meet the changing needs of customers.

Additionally, Wärtsilä has ambitious sustainability goals, including a 30% reduction in CO2 emissions by 2030. These initiatives strengthen the company's position in an increasingly environmentally conscious market and provide a long-term competitive advantage.

Institutional Investor Share: 65% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last year (estimated)

The institutional investor share in Wärtsilä Oyj Abp is estimated to be 65%. This demonstrates the confidence of institutional investors in the company and its long-term prospects.

In 2025, there were no significant insider buys or sells, indicating that the management and other insiders do not currently expect any significant changes in the company's value. This stability can be seen as a positive signal for investors, as it suggests a certain level of confidence in the current corporate strategy.

Market Share Wärtsilä Oyj Abp: 12% (2025, estimated)

Top Competitors and Their Market Shares:

1. MAN Energy Solutions: 15%
2. Rolls-Royce Power Systems: 14%
3. Caterpillar Inc.: 13%
4. Wärtsilä Oyj Abp: 12%
5. Cummins Inc.: 10%
6. GE Power: 9%
7. Siemens Energy: 8%
8. ABB Ltd.: 7%
9. Mitsubishi Heavy Industries: 6%
10. Hyundai Heavy Industries: 6%

Moat Wärtsilä Oyj Abp:

Wärtsilä has a moderate moat, mainly characterized by its innovation capabilities and wide product range in the maritime and energy solutions sector. The company consistently invests in research and development to develop more environmentally friendly and efficient technologies. This gives Wärtsilä an advantage in markets increasingly focused on sustainability.

However, some competitors, such as MAN Energy Solutions and Rolls-Royce Power Systems, also have strong moats due to their established brands, global networks, and technological innovations. Caterpillar Inc. benefits from its broad diversification and strong market presence in various sectors.

Overall, Wärtsilä has a solid, but not insurmountable moat. The competition is strong and also invests in similar technologies and market strategies, intensifying the competition.

Revenue Growth: 8% (2024) EBIT Margin: 10% (2024) Order Backlog: 6.5 billion euros (2024)

In 2024, Wärtsilä Oyj Abp recorded a revenue growth of 8%, indicating strong demand in the energy and maritime solutions segments. The EBIT margin of 10% demonstrates solid operational efficiency and the company's ability to effectively manage its cost structure.

The order backlog of 6.5 billion euros in 2024 is a positive indicator for future revenues and suggests sustained demand for Wärtsilä's products and services. This provides the company with good visibility for the coming years and enables strategic planning.

Additionally, Wärtsilä has been increasingly investing in sustainable technologies in recent years, which could be a strategic advantage given the global energy transition and the growing demand for environmentally friendly solutions. This could position the company favorably for future growth.

Overall, these factors indicate that Wärtsilä Oyj Abp could be an attractive investment opportunity, especially for investors interested in long-term growth and sustainability.

Dividend: 0.24 EUR per share (2025)

Wärtsilä Oyj Abp distributed a dividend of 0.24 EUR per share in 2025. The company has a long tradition of dividend payments and is considered reliable in distributing profits to its shareholders.

In recent years, Wärtsilä has consistently paid dividends, indicating a stable financial position and a solid business model. The company's dividend policy aims to return a significant portion of profits to shareholders, highlighting the reliability of the distributions.