Wartsila Oyj Abp Q2 2023 Earnings Call Transcript - Thomson StreetEvents

Wartsila Oyj Abp Q2 2023 Earnings Call Transcript

Wartsila Oyj Abp Q2 2023 Earnings Call Transcript - Thomson StreetEvents
Wartsila Oyj Abp Q2 2023 Earnings Call Transcript
Published Jul 21, 2023
18 pages (10731 words) — Published Jul 21, 2023
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About This Report

  
Abstract:

Edited Transcript of WRT1V.HE earnings conference call or presentation 21-Jul-23 7:00am GMT

  
Brief Excerpt:

...Good morning, everybody, and welcome to this news conference for WSrtsilS half year financial report. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Hakan Agnevall, will go through the group highlights, segment performance. And then after that, our CFO, Arjen Berends, will continue with key financials. After the presentation, it's a possibility to ask questions, and let's take one question at time. Hakan, please? Hakan Agnevall ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Wartsila Oyj Abp
Ticker
WRT1V.HE
Time
7:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Antti Kansanen - SEB, Research Division - Analyst : Hello, Hakan and Arjen I hope you're hearing me well. I had actually a follow-up question on the profitability side. If we think about the second half and knowing that you don't give for margins. But on the equipment side, we should see benefits from fading off those legacy projects. But at the same time, I guess, the fixed cost absorption is trending a bit down. So should we kind of think about the normal seasonality going into Q4 a little bit higher, a little bit lower, how should we balance out 2 things in the equipment side?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : Yes, just a clarification, how many Gas Solutions legacy projects are there still in the Marine systems backlog? I mean how do you see the risk similar provisions being made in the coming quarters on to this EUR 19 million?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : And was this -- would you like to disclose how big is this turnkey and Gas Solution that turned out to base our was?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : But it was -- this turnkey project was part of this EUR 1.2 billion low-margin backlog.

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : I'm still on storage, where do you guys see yourself trending in terms of storage market share vis-a-vis (inaudible) , say, on a rolling 12-month basis?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : You said top 5, not anymore top 3?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : Okay. Very good. And then lastly, just to make sure, are you going to book this year EUR 300-plus million Australian storage product order in Q3?

Table Of Contents

Q1 2024 Wartsila Oyj Abp Pre-Silent Call Transcript – 2024-04-03 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 3-Apr-24 1:00pm GMT

Wartsila Oyj Abp Capital Markets Day Transcript – 2023-11-09 – US$ 54.00 – Edited Transcript of WRT1V.HE corporate analyst meeting</ 9-Nov-23 11:00am GMT

Wartsila Oyj Abp Q3 2023 Earnings Call Transcript – 2023-10-31 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 31-Oct-23 8:00am GMT

Wartsila Oyj Abp CEO Call Transcript – 2023-09-12 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 12-Sep-23 10:59am GMT

Wartsila Oyj Abp IR R&D Theme Call Transcript – 2023-09-04 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 4-Sep-23 12:15pm GMT

Wartsila Oyj Abp Q2 Pre-Silent Call Transcript – 2023-06-14 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 14-Jun-23 12:00pm GMT

Wartsila Oyj Abp Q1 2023 Earnings Presentation Transcript – 2023-04-25 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 25-Apr-23 7:30am GMT

Wartsila Oyj Abp Pre-Silent Call Transcript – 2023-03-31 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 31-Mar-23 12:00pm GMT

Wartsila Oyj Abp Q4 2022 Earnings Call Transcript – 2023-01-31 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 31-Jan-23 8:00am GMT

Wartsila Oyj Abp Pre Silent Call Transcript – 2023-01-03 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 3-Jan-23 1:00pm GMT

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MLA:
Thomson StreetEvents. "Wartsila Oyj Abp Q2 2023 Earnings Call Transcript" Jul 21, 2023. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Wartsila-Oyj-Abp-Earnings-Call-T15666776>
  
APA:
Thomson StreetEvents. (2023). Wartsila Oyj Abp Q2 2023 Earnings Call Transcript Jul 21, 2023. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Wartsila-Oyj-Abp-Earnings-Call-T15666776>
  
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