Wärtsilä Detailed Consensus
Consensus as of: 2024-04-15 (Last Update: 2024-05-01)

Note - Indicative comparison figures used for Marine Power in 2022, following merger with Voyage from 1 January 2023, until official comparison figures become available .


KPI[EUR m]Q1 2023Q2 2023FY 2023Q1 2024 EQ2 2024 EFY 2024 EFY 2025 EFY 2026 E
Order bookNumber of Estimates55553
Order bookHighest7,051.47,337.47,839.88,932.39,922.5
Order bookConsensus (Mean)6,153.06,249.06,694.06,826.17,030.37,516.98,127.18,643.0
Order bookMedian6,895.07,170.07,500.07,999.18,252.3
Order bookLowest6,353.66,427.27,246.87,529.07,754.2
Order intakeNumber of Estimates1212121210
Order intakeHighest1,920.81,940.18,005.18,520.48,968.4
Order intakeConsensus (Mean)1,739.01,687.07,070.01,824.61,821.97,426.27,821.88,152.4
Order intakeMedian1,834.61,815.57,397.57,835.08,192.0
Order intakeLowest1,708.61,708.66,834.46,819.47,036.6
Net salesNumber of Estimates1414141413
Net salesHighest1,670.01,766.07,114.07,619.08,182.0
Net salesConsensus (Mean)1,465.01,454.06,015.01,596.01,625.36,674.57,187.47,676.9
Net salesMedian1,600.21,626.36,712.07,198.67,736.0
Net salesLowest1,472.81,489.06,280.46,537.26,811.4
Comparable adjusted EBITANumber of Estimates1111121211
Comparable adjusted EBITAHighest142.3174.3731.0847.0953.0
Comparable adjusted EBITAConsensus (Mean)93.0113.0518.0128.3152.2667.2763.0850.3
Comparable adjusted EBITAMedian128.0151.0674.3785.1889.0
Comparable adjusted EBITALowest116.0124.9542.3573.5615.9
Comparable operating resultNumber of Estimates1414141413
Comparable operating resultHighest135.0165.0711.0820.0937.0
Comparable operating resultConsensus (Mean)88.0108.0497.0123.9148.1645.1739.1821.6
Comparable operating resultMedian123.4145.4650.6753.1833.4
Comparable operating resultLowest111.0119.9522.3553.5595.9
Comparable EBIT margin, %Number of Estimates1414141413
Comparable EBIT margin, %Highest8.410.110.611.211.6
Comparable EBIT margin, %Consensus (Mean)6.07.48.37.89.19.710.310.7
Comparable EBIT margin, %Median7.89.39.710.410.8
Comparable EBIT margin, %Lowest7.17.58.38.58.7
Items affecting comparability (IAC)Number of Estimates1414141413
Items affecting comparability (IAC)Highest0.00.00.00.00.0
Items affecting comparability (IAC)Consensus (Mean)4.0-42.0-95.0-2.5-2.6-11.1-8.2-4.9
Items affecting comparability (IAC)Median0.0-0.50.00.00.0
Items affecting comparability (IAC)Lowest-10.0-10.0-51.0-51.0-20.0
Operating resultNumber of Estimates1414141413
Operating resultHighest135.0162.0711.0820.0925.0
Operating resultConsensus (Mean)92.066.0402.0121.3145.5634.1730.9816.7
Operating resultMedian122.2145.4647.5743.1832.0
Operating resultLowest107.2119.9522.3553.5595.9
Result before taxesNumber of Estimates1413141413
Result before taxesHighest131.0157.0680.0813.0921.0
Result before taxesConsensus (Mean)84.053.0364.0115.5139.7609.9710.0799.1
Result before taxesMedian115.2142.0623.2717.1793.5
Result before taxesLowest99.7114.3500.1521.7563.0
Net result after minoritiesNumber of Estimates1313141413
Net result after minoritiesHighest123.0119.0495.0591.0700.0
Net result after minoritiesConsensus (Mean)55.027.0258.086.3101.7442.5515.7582.4
Net result after minoritiesMedian83.1104.0451.0514.6565.3
Net result after minoritiesLowest70.781.7351.2383.3414.3
EPS basic (in Euro)Number of Estimates1313141413
EPS basic (in Euro)Highest0.210.200.841.001.19
EPS basic (in Euro)Consensus (Mean)0.090.050.440.150.170.750.880.99
EPS basic (in Euro)Median0.140.180.770.870.96
EPS basic (in Euro)Lowest0.120.140.600.650.70
EPS excl. IAC (in Euro)Number of Estimates1313141413
EPS excl. IAC (in Euro)Highest0.210.210.861.021.21
EPS excl. IAC (in Euro)Consensus (Mean)0.080.120.600.150.180.770.891.00
EPS excl. IAC (in Euro)Median0.140.180.770.890.98
EPS excl. IAC (in Euro)Lowest0.130.140.620.650.70
DPS (in Euro)Number of Estimates--141413
DPS (in Euro)Highest--0.480.580.63
DPS (in Euro)Consensus (Mean)--0.32--0.390.450.50
DPS (in Euro)Median--0.400.450.50
DPS (in Euro)Lowest--0.280.280.28
Cash flow from operating activitiesNumber of Estimates--10109
Cash flow from operating activitiesHighest--632.0729.0798.0
Cash flow from operating activitiesConsensus (Mean)145.075.0822.0--448.4585.1678.6
Cash flow from operating activitiesMedian--478.7648.9686.6
Cash flow from operating activitiesLowest--128.1334.6490.4
Investments in PPE & intangible assetsNumber of Estimates--111110
Investments in PPE & intangible assetsHighest---110-110-125
Investments in PPE & intangible assetsConsensus (Mean)-31-35-148---171-171-182
Investments in PPE & intangible assetsMedian---167-178-186
Investments in PPE & intangible assetsLowest---323-260-244
Marine, Order IntakeNumber of Estimates101010108
Marine, Order IntakeHighest882.4883.63,738.73,948.64,109.8
Marine, Order IntakeConsensus (Mean)744.0771.03,261.0817.5839.73,438.53,576.03,698.0
Marine, Order IntakeMedian810.0844.03,451.03,559.63,676.5
Marine, Order IntakeLowest777.1777.53,163.23,226.43,355.5
Marine, Net SalesNumber of Estimates101010108
Marine, Net SalesHighest803.0827.03,325.03,617.93,943.5
Marine, Net SalesConsensus (Mean)669.0701.02,800.0747.4780.63,144.73,340.83,515.8
Marine, Net SalesMedian745.8783.53,156.63,307.03,447.0
Marine, Net SalesLowest713.6736.82,968.03,132.83,240.5
Marine, Comparable operating resultNumber of Estimates101010108
Marine, Comparable operating resultHighest86.0100.0407.0455.0504.0
Marine, Comparable operating resultConsensus (Mean)65.081.0312.076.588.3364.3405.6441.4
Marine, Comparable operating resultMedian76.989.5369.5413.5454.0
Marine, Comparable operating resultLowest64.272.1303.0315.7330.8
Energy, Order IntakeNumber of Estimates1212121210
Energy, Order IntakeHighest849.0877.03,525.03,916.04,140.4
Energy, Order IntakeConsensus (Mean)744.0750.03,041.0803.5824.53,311.53,579.93,820.9
Energy, Order IntakeMedian810.0821.03,299.53,610.43,906.4
Energy, Order IntakeLowest736.3736.32,999.83,122.73,273.2
Energy, Net SalesNumber of Estimates1313131311
Energy, Net SalesHighest742.0805.03,288.03,537.03,840.0
Energy, Net SalesConsensus (Mean)645.0633.02,610.0696.1708.42,932.23,214.93,462.6
Energy, Net SalesMedian703.1710.02,925.03,185.03,485.4
Energy, Net SalesLowest618.1635.22,743.72,888.02,946.0
Energy, Comparable operating resultNumber of Estimates1313131311
Energy, Comparable operating resultHighest57.078.0303.0362.0440.0
Energy, Comparable operating resultConsensus (Mean)33.045.0219.047.758.6269.3315.0354.5
Energy, Comparable operating resultMedian48.058.0271.0323.0357.0
Energy, Comparable operating resultLowest41.644.3205.0223.4250.7
Energy Storage, Order IntakeNumber of Estimates99998
Energy Storage, Order IntakeHighest308.0358.01,360.01,578.81,815.7
Energy Storage, Order IntakeConsensus (Mean)257.0275.01,056.0277.9300.91,173.41,361.51,492.9
Energy Storage, Order IntakeMedian283.0302.51,188.71,370.01,496.5
Energy Storage, Order IntakeLowest244.0250.01,000.01,100.01,210.0
Energy Storage, Net SalesNumber of Estimates99998
Energy Storage, Net SalesHighest294.8266.01,158.01,411.01,521.2
Energy Storage, Net SalesConsensus (Mean)252.0193.0926.0273.3240.11,079.61,239.21,388.0
Energy Storage, Net SalesMedian280.0240.31,089.01,253.01,427.6
Energy Storage, Net SalesLowest239.0216.0955.81,022.61,122.0
Portfolio Business, Order IntakeNumber of Estimates101010108
Portfolio Business, Order IntakeHighest274.0196.0812.0837.0854.1
Portfolio Business, Order IntakeConsensus (Mean)252.0166.0768.0211.5158.5685.8654.6597.6
Portfolio Business, Order IntakeMedian230.5161.7717.6711.6722.5
Portfolio Business, Order IntakeLowest90.090.0305.3304.2199.6
Portfolio Business, Net SalesNumber of Estimates101010108
Portfolio Business, Net SalesHighest211.0200.0738.0709.0750.9
Portfolio Business, Net SalesConsensus (Mean)151.0120.0604.0154.6135.2608.7612.2601.0
Portfolio Business, Net SalesMedian157.0127.0628.0647.4669.3
Portfolio Business, Net SalesLowest90.090.0360.0360.0360.0
Portfolio Business, Comparable operating resultNumber of Estimates101010108
Portfolio Business, Comparable operating resultHighest5.06.029.033.029.0
Portfolio Business, Comparable operating resultConsensus (Mean)-10.0-18.0-34.00.81.913.116.616.4
Portfolio Business, Comparable operating resultMedian1.53.014.415.316.9
Portfolio Business, Comparable operating resultLowest-5.0-6.0-12.0-6.0-7.0
Marine, Service order intakeNumber of Estimates66666
Marine, Service order intakeHighest563.3595.42,295.72,433.42,579.4
Marine, Service order intakeConsensus (Mean)492.0520.02,004.0516.3537.12,086.52,173.52,262.5
Marine, Service order intakeMedian516.5546.82,104.52,185.62,273.0
Marine, Service order intakeLowest476.1476.11,904.41,942.51,981.3
Energy, Service order intakeNumber of Estimates77776
Energy, Service order intakeHighest373.0385.31,462.71,609.01,702.3
Energy, Service order intakeConsensus (Mean)333.0344.01,306.0331.5341.11,313.21,369.61,404.3
Energy, Service order intakeMedian343.0354.31,346.21,386.61,367.6
Energy, Service order intakeLowest273.8273.81,149.81,172.71,196.2
Portfolio, Service order intakeNumber of Estimates33444
Portfolio, Service order intakeHighest90.090.0305.3304.2303.0
Portfolio, Service order intakeConsensus (Mean)65.050.0209.062.062.3229.6224.2221.0
Portfolio, Service order intakeMedian49.050.0212.5202.3199.5
Portfolio, Service order intakeLowest47.047.0188.0188.0182.2
Total Services, Order intakeNumber of Estimates66777
Total Services, Order intakeHighest906.0953.03,984.44,240.94,463.9
Total Services, Order intakeConsensus (Mean)889.0913.03,519.0873.3901.93,552.63,690.23,827.3
Total Services, Order intakeMedian874.5910.53,486.03,666.03,833.0
Total Services, Order intakeLowest839.9839.93,311.03,371.13,433.0
Marine, Equipment Order intakeNumber of Estimates66666
Marine, Equipment Order intakeHighest406.3406.31,625.01,515.21,530.3
Marine, Equipment Order intakeConsensus (Mean)252.0251.01,257.0301.8299.91,320.81,367.71,380.2
Marine, Equipment Order intakeMedian289.7282.61,301.51,391.51,400.5
Marine, Equipment Order intakeLowest265.0269.01,085.01,169.01,227.5
Energy, Equipment Order intakeNumber of Estimates77776
Energy, Equipment Order intakeHighest504.0516.02,152.02,475.02,712.2
Energy, Equipment Order intakeConsensus (Mean)411.0406.01,735.0462.1476.91,971.42,189.82,364.3
Energy, Equipment Order intakeMedian462.2473.51,975.22,186.02,396.6
Energy, Equipment Order intakeLowest423.0462.01,850.01,901.01,991.0
Portfolio, Equipment Order intakeNumber of Estimates22333
Portfolio, Equipment Order intakeHighest193.0181.0697.0703.0736.0
Portfolio, Equipment Order intakeConsensus (Mean)187.0116.0559.0190.5125.5574.5554.0473.2
Portfolio, Equipment Order intakeMedian190.5125.5572.1630.7671.9
Portfolio, Equipment Order intakeLowest188.070.0454.5328.311.6
Total Equipment, Order intakeNumber of Estimates44555
Total Equipment, Order intakeHighest982.0920.04,020.64,279.54,504.5
Total Equipment, Order intakeConsensus (Mean)850.0774.03,551.0883.4844.33,625.53,849.34,013.7
Total Equipment, Order intakeMedian897.0847.43,547.64,008.03,967.3
Total Equipment, Order intakeLowest757.8762.23,144.23,400.03,556.0
Marine, Service net salesNumber of Estimates66666
Marine, Service net salesHighest481.4544.42,098.22,308.02,515.7
Marine, Service net salesConsensus (Mean)432.0483.01,862.0464.3514.51,982.32,084.82,188.4
Marine, Service net salesMedian465.0512.81,972.72,056.52,138.4
Marine, Service net salesLowest443.2493.71,904.41,942.51,981.3
Energy, Service net salesNumber of Estimates77776
Energy, Service net salesHighest297.0320.91,260.41,424.31,481.2
Energy, Service net salesConsensus (Mean)258.0279.01,095.0284.5302.31,183.91,261.41,314.8
Energy, Service net salesMedian288.0306.91,183.01,243.91,280.1
Energy, Service net salesLowest258.0279.01,095.01,116.91,139.2
Portfolio, Service net salesNumber of Estimates44444
Portfolio, Service net salesHighest169.0140.0506.0553.0589.0
Portfolio, Service net salesConsensus (Mean)46.045.0191.090.083.3321.0334.8345.4
Portfolio, Service net salesMedian71.571.5286.0287.0290.2
Portfolio, Service net salesLowest48.050.0206.0212.0212.0
Total Services, Net SalesNumber of Estimates77777
Total Services, Net SalesHighest913.0962.03,663.03,946.34,217.4
Total Services, Net SalesConsensus (Mean)736.0807.03,148.0799.7872.93,386.63,571.03,715.5
Total Services, Net SalesMedian782.9863.03,359.43,515.93,630.0
Total Services, Net SalesLowest736.0804.43,123.53,253.33,312.6
Marine, Equipment Net SalesNumber of Estimates66666
Marine, Equipment Net SalesHighest312.9312.91,251.71,309.91,427.8
Marine, Equipment Net SalesConsensus (Mean)237.0218.0938.0277.3267.51,126.61,220.61,303.5
Marine, Equipment Net SalesMedian273.0267.51,122.51,246.01,324.7
Marine, Equipment Net SalesLowest248.9225.31,021.71,072.81,138.3
Energy, Equipment Net SalesNumber of Estimates77776
Energy, Equipment Net SalesHighest445.0426.01,909.02,312.02,300.1
Energy, Equipment Net SalesConsensus (Mean)387.0354.01,515.0407.1398.41,717.41,953.52,102.1
Energy, Equipment Net SalesMedian417.4408.01,703.81,926.02,081.9
Energy, Equipment Net SalesLowest347.2336.71,570.21,824.91,938.0
Portfolio, Equipment Net SalesNumber of Estimates33333
Portfolio, Equipment Net SalesHighest110.080.0428.0444.7458.1
Portfolio, Equipment Net SalesConsensus (Mean)105.075.0413.067.068.0329.8302.0294.5
Portfolio, Equipment Net SalesMedian88.064.0331.5304.3278.5
Portfolio, Equipment Net SalesLowest3.060.0230.0157.0147.0
Total Equipment, Net SalesNumber of Estimates55555
Total Equipment, Net SalesHighest837.4753.63,322.63,583.93,834.0
Total Equipment, Net SalesConsensus (Mean)729.0647.02,867.0713.2698.12,998.43,273.03,527.8
Total Equipment, Net SalesMedian689.9718.02,923.53,234.83,490.4
Total Equipment, Net SalesLowest653.0625.92,792.83,117.83,330.8
Disclaimer

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.