Wartsila Oyj Abp Investor Theme Call Transcript - Thomson StreetEvents

Wartsila Oyj Abp Investor Theme Call Transcript

Wartsila Oyj Abp Investor Theme Call Transcript - Thomson StreetEvents
Wartsila Oyj Abp Investor Theme Call Transcript
Published Sep 16, 2024
24 pages (14972 words) — Published Sep 16, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of WRT1V.HE conference call or presentation 16-Sep-24 8:00am GMT

  
Brief Excerpt:

...I'm Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, we will take a deeper look at our service business. As communicated earlier, service is one of the key growth opportunities we have and also a major driver to reach our profitability target. Today, we will have three short presentations. Our CFO, Arjen Berends, will start by highlighting the role and importance of service business on Wartsila level. After Arjen's presentation, Andrea Morgante, who is Vice President of Marine Performance Services, will describe how our lifecycle agreements are driving growth in marine services. After that, Markus Ljungkvist, Vice President of Energy Services, will present the key drivers and opportunities in energy service business. As a reminder, we will host a pre-silent call on October 3, together with our CFO, Arjen Berends. So let's leave the questions related to the recent trading and detailed financials to that call. Let's first, listen, all the great presentations, but after...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Wartsila Oyj Abp
Ticker
WRT1V.HE
Time
8:00am 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: Vivek Midha - Citigroup Inc. - Analyst : Thank you very much and good morning. So my first question is a follow-up on marine. You commented that 29% of the fleet is covered by service agreements. Do you have any statistics on how this varies by vertical within marine? We know that there are some where maybe you're further along the journey such as in cruise. So any idea about the penetration rate in cruise compared to, say, other verticals would be very interesting.

Question: Vivek Midha - Citigroup Inc. - Analyst : My next question is on the Guaranteed Asset Performance agreements. So clearly, those add a lot more content, a lot more value, but potentially some longer-term risk around the performance of these assets. So how do you balance that? And how have these agreements been performing relative to your expectations so far?

Table Of Contents

Wartsila Oyj Abp CEO Strategy Call Transcript – 2025-02-26 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 26-Feb-25 10:59am GMT

Full Year 2024 Wartsila Oyj Abp Earnings Call Transcript – 2025-02-05 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 5-Feb-25 8:00am GMT

Wartsila Oyj Abp Pre Silent Call Q4 Transcript – 2025-01-09 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 9-Jan-25 1:00pm GMT

Wartsila Oyj Abp Q3 2024 Earnings Call Transcript – 2024-10-29 – US$ 54.00 – Edited Transcript of WRT1V.HE earnings conference call or presentation 29-Oct-24 8:00am GMT

Wartsila Oyj Abp Pre Silent Call Q3 Transcript – 2024-10-03 – US$ 54.00 – Edited Transcript of WRT1V.HE conference call or presentation 3-Oct-24 12:00pm 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 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

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MLA:
Thomson StreetEvents. "Wartsila Oyj Abp Investor Theme Call Transcript" Sep 16, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Wartsila-Oyj-Abp-Investor-Theme-Call-T16107304>
  
APA:
Thomson StreetEvents. (2024). Wartsila Oyj Abp Investor Theme Call Transcript Sep 16, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Wartsila-Oyj-Abp-Investor-Theme-Call-T16107304>
  
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