Wartsila Oyj Abp Q3 2023 Earnings Call Transcript - Thomson StreetEvents

Wartsila Oyj Abp Q3 2023 Earnings Call Transcript

Wartsila Oyj Abp Q3 2023 Earnings Call Transcript - Thomson StreetEvents
Wartsila Oyj Abp Q3 2023 Earnings Call Transcript
Published Oct 31, 2023
13 pages (7580 words) — Published Oct 31, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of WRT1V.HE earnings conference call or presentation 31-Oct-23 8:00am GMT

  
Brief Excerpt:

...Hi all, and welcome to this results briefing for Wartsila Q3 results. 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 and business-specific performance. And after that, our CFO, Arjen Berends, will continue with recent financials. After the presentation, there is a possibility to ask questions, and we are also happy to discuss the strategic review we have announced today for our Energy Storage and optimization business. Time to start, Hakan. Hakan Agnevall ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Wartsila Oyj Abp
Ticker
WRT1V.HE
Time
8:00am GMT
Format:
PDF Adobe Acrobat
Buy Now

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: Erkki Vesola - Inderes Oyj, Research Division - Analyst : comments on regarding the legacy projects, how much of a drag were these in Q3? And how big an improvement should we expect in Q4 regarding the emittance of this.

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : Okay. And then secondly, still coming to the storage review, why did you have to come public with this, starting this revenue? I mean you couldn't just carry this out internally. Is it just that you're kind of flagging that we are out here and we are looking for partners, et cetera? What was there?

Question: Erkki Vesola - Inderes Oyj, Research Division - Analyst : So it was just, you were kind of not more forced to do that, not just that you were wanted to public this?

Question: Tomi Markus Railo - DNB Markets, Research Division - Analyst : Yes, a couple of questions. Firstly, maybe on the energy outlook as well. To what extent is it a true environment improvement, what you see or is it just a reflection of the, let's say, weakness or delays in the market activity, customer signing deals in the previous quarters? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 31, 2023 / 8:00AM, WRT1V.HE - Q3 2023 Wartsila Oyj Abp Earnings Call

Question: Tomi Markus Railo - DNB Markets, Research Division - Analyst : Okay. And secondly, if you could maybe explain a little bit about the service profitability development. Very strong order sales, as we have seen in the previous quarters. Have you been able to improve the service profitability as well?

Table Of Contents

Wartsila Oyj Abp Investor Theme Call Transcript – 2024-09-16 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 16-Sep-24 8:00am GMT

Wartsila Oyj Abp CEO Strategy Call Transcript – 2024-09-10 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 10-Sep-24 12:00pm GMT

Q2 2024 Pre-Silent Call Transcript – 2024-06-19 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 19-Jun-24 10:59am GMT

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 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 2023 Earnings Call Transcript – 2023-07-21 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 21-Jul-23 7:00am 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

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Wartsila Oyj Abp Q3 2023 Earnings Call Transcript" Oct 31, 2023. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Wartsila-Oyj-Abp-Earnings-Call-T15775251>
  
APA:
Thomson StreetEvents. (2023). Wartsila Oyj Abp Q3 2023 Earnings Call Transcript Oct 31, 2023. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Wartsila-Oyj-Abp-Earnings-Call-T15775251>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.