Wärtsilä Detailed Consensus
Consensus as of: 2024-11-12 (Last Update: 2024-12-08)

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]Q4 2023FY 2023Q4 2024 EFY 2024 EFY 2025 EFY 2026 E
Order bookNumber of Estimates5555
Order bookHighest8,017.08,017.08,904.39,969.3
Order bookConsensus (Mean)6,694.06,694.07,782.17,782.18,409.38,966.1
Order bookMedian7,808.17,808.18,221.98,488.0
Order bookLowest7,542.07,542.07,961.08,221.9
Order intakeNumber of Estimates11111111
Order intakeHighest2,170.97,751.98,297.08,852.1
Order intakeConsensus (Mean)1,856.07,070.01,997.77,578.77,991.58,379.0
Order intakeMedian1,994.07,575.07,994.08,279.0
Order intakeLowest1,860.07,441.07,668.08,011.0
Net salesNumber of Estimates13131313
Net salesHighest2,125.06,720.07,489.08,124.0
Net salesConsensus (Mean)1,644.06,015.01,898.36,493.17,274.87,763.6
Net salesMedian1,882.06,477.07,269.27,753.3
Net salesLowest1,738.96,333.97,045.07,281.0
Comparable adjusted EBITANumber of Estimates10101010
Comparable adjusted EBITAHighest231.0728.0884.0988.0
Comparable adjusted EBITAConsensus (Mean)182.0518.0200.0696.6816.9897.6
Comparable adjusted EBITAMedian200.9700.3820.3911.3
Comparable adjusted EBITALowest166.0662.1734.2775.9
Comparable operating resultNumber of Estimates13131313
Comparable operating resultHighest227.0712.0857.0961.0
Comparable operating resultConsensus (Mean)177.0497.0194.1677.2801.0880.0
Comparable operating resultMedian194.6679.6805.8889.0
Comparable operating resultLowest161.0642.1714.2755.9
Comparable EBIT margin, %Number of Estimates13131313
Comparable EBIT margin, %Highest11.110.711.712.2
Comparable EBIT margin, %Consensus (Mean)10.88.310.210.411.011.3
Comparable EBIT margin, %Median10.410.511.011.4
Comparable EBIT margin, %Lowest7.99.710.110.1
Items affecting comparability (IAC)Number of Estimates13131313
Items affecting comparability (IAC)Highest0.02.00.00.0
Items affecting comparability (IAC)Consensus (Mean)-49.0-95.0-3.9-1.6-9.5-9.2
Items affecting comparability (IAC)Median-3.0-1.0-4.00.0
Items affecting comparability (IAC)Lowest-12.0-10.0-41.0-40.0
Operating resultNumber of Estimates13131313
Operating resultHighest224.0711.0857.0961.0
Operating resultConsensus (Mean)128.0402.0190.2675.6791.5870.9
Operating resultMedian192.8679.8790.0889.0
Operating resultLowest149.0635.0684.2727.9
Result before taxesNumber of Estimates13131313
Result before taxesHighest221.0689.0852.0952.0
Result before taxesConsensus (Mean)120.0364.0185.8652.3775.2857.6
Result before taxesMedian185.6653.6769.4878.0
Result before taxesLowest139.0606.9666.5717.1
Net result after minoritiesNumber of Estimates13131313
Net result after minoritiesHighest168.0512.0642.0733.0
Net result after minoritiesConsensus (Mean)94.0258.0135.0477.9567.6628.9
Net result after minoritiesMedian134.0480.0561.0649.0
Net result after minoritiesLowest107.0438.6467.9504.3
EPS basic (in Euro)Number of Estimates13131313
EPS basic (in Euro)Highest0.290.871.091.24
EPS basic (in Euro)Consensus (Mean)0.160.440.230.810.961.07
EPS basic (in Euro)Median0.230.810.951.10
EPS basic (in Euro)Lowest0.180.740.790.86
EPS excl. IAC (in Euro)Number of Estimates13131313
EPS excl. IAC (in Euro)Highest0.290.871.091.24
EPS excl. IAC (in Euro)Consensus (Mean)0.240.600.240.810.981.08
EPS excl. IAC (in Euro)Median0.230.820.991.10
EPS excl. IAC (in Euro)Lowest0.200.750.850.90
DPS (in Euro)Number of Estimates-131313
DPS (in Euro)Highest-0.450.560.67
DPS (in Euro)Consensus (Mean)-0.32-0.410.490.55
DPS (in Euro)Median-0.400.480.53
DPS (in Euro)Lowest-0.380.440.50
Cash flow from operating activitiesNumber of Estimates-111111
Cash flow from operating activitiesHighest-1,255.0718.6872.0
Cash flow from operating activitiesConsensus (Mean)389.0822.0-735.3491.1696.0
Cash flow from operating activitiesMedian-791.0553.0684.6
Cash flow from operating activitiesLowest-387.068.0511.0
Investments in PPE & intangible assetsNumber of Estimates-121212
Investments in PPE & intangible assetsHighest--110-110-110
Investments in PPE & intangible assetsConsensus (Mean)-51-146--156-166-172
Investments in PPE & intangible assetsMedian--160-170-183
Investments in PPE & intangible assetsLowest--209-225-236
Marine, Order IntakeNumber of Estimates11111111
Marine, Order IntakeHighest980.03,699.04,063.04,494.3
Marine, Order IntakeConsensus (Mean)844.03,261.0932.53,651.53,881.84,101.6
Marine, Order IntakeMedian930.03,649.03,869.04,092.0
Marine, Order IntakeLowest896.03,615.03,755.33,870.0
Marine, Net SalesNumber of Estimates12121212
Marine, Net SalesHighest1,004.03,210.03,675.03,936.0
Marine, Net SalesConsensus (Mean)759.02,800.0868.53,074.43,481.43,756.1
Marine, Net SalesMedian858.53,064.53,483.53,818.5
Marine, Net SalesLowest781.02,987.03,226.33,387.6
Marine, Comparable operating resultNumber of Estimates12121212
Marine, Comparable operating resultHighest115.0376.0489.0555.2
Marine, Comparable operating resultConsensus (Mean)99.0312.098.5359.6434.8481.7
Marine, Comparable operating resultMedian97.0358.5439.3489.1
Marine, Comparable operating resultLowest87.0347.0387.2406.5
Energy, Order IntakeNumber of Estimates11111111
Energy, Order IntakeHighest1,073.03,105.03,480.03,724.0
Energy, Order IntakeConsensus (Mean)868.03,041.0860.02,892.03,180.13,354.6
Energy, Order IntakeMedian847.02,879.03,229.03,410.0
Energy, Order IntakeLowest719.02,751.02,860.02,751.7
Energy, Net SalesNumber of Estimates12121212
Energy, Net SalesHighest947.02,820.03,244.03,643.0
Energy, Net SalesConsensus (Mean)720.02,610.0839.12,712.12,958.93,159.8
Energy, Net SalesMedian854.52,727.52,931.53,175.9
Energy, Net SalesLowest718.92,591.92,732.02,805.8
Energy, Comparable operating resultNumber of Estimates12121212
Energy, Comparable operating resultHighest105.0304.0360.0407.0
Energy, Comparable operating resultConsensus (Mean)89.0219.085.5284.5324.8352.3
Energy, Comparable operating resultMedian88.7287.7329.9350.5
Energy, Comparable operating resultLowest55.0254.0287.1306.5
Energy Storage, Order IntakeNumber of Estimates8888
Energy Storage, Order IntakeHighest471.6992.61,100.01,211.0
Energy Storage, Order IntakeConsensus (Mean)263.01,056.0293.5812.1972.11,088.8
Energy Storage, Order IntakeMedian270.5791.51,060.01,169.0
Energy Storage, Order IntakeLowest169.0671.0650.0728.0
Energy Storage, Net SalesNumber of Estimates8888
Energy Storage, Net SalesHighest379.0915.01,098.01,230.0
Energy Storage, Net SalesConsensus (Mean)271.0926.0301.8837.8954.31,009.8
Energy Storage, Net SalesMedian302.5838.5947.51,082.5
Energy Storage, Net SalesLowest240.0776.0753.0689.0
Portfolio Business, Order IntakeNumber of Estimates11111111
Portfolio Business, Order IntakeHighest265.01,095.01,076.01,105.0
Portfolio Business, Order IntakeConsensus (Mean)144.0768.0205.31,035.3929.6923.1
Portfolio Business, Order IntakeMedian212.01,042.0912.0924.0
Portfolio Business, Order IntakeLowest130.0960.0750.0700.0
Portfolio Business, Net SalesNumber of Estimates12121212
Portfolio Business, Net SalesHighest233.0749.01,068.51,083.0
Portfolio Business, Net SalesConsensus (Mean)165.0604.0197.0712.8845.8853.7
Portfolio Business, Net SalesMedian195.0711.0805.1841.5
Portfolio Business, Net SalesLowest174.0689.0620.0470.0
Portfolio Business, Comparable operating resultNumber of Estimates11121111
Portfolio Business, Comparable operating resultHighest19.044.079.087.0
Portfolio Business, Comparable operating resultConsensus (Mean)-12.0-34.011.333.342.144.9
Portfolio Business, Comparable operating resultMedian9.834.942.445.0
Portfolio Business, Comparable operating resultLowest4.01.020.014.0
Marine, Service order intakeNumber of Estimates7777
Marine, Service order intakeHighest580.02,293.02,510.92,766.8
Marine, Service order intakeConsensus (Mean)498.02,004.0558.72,271.72,425.52,595.8
Marine, Service order intakeMedian553.02,266.02,438.02,584.0
Marine, Service order intakeLowest545.02,258.02,360.32,478.3
Energy, Service order intakeNumber of Estimates8888
Energy, Service order intakeHighest365.01,295.01,380.51,460.6
Energy, Service order intakeConsensus (Mean)331.01,306.0324.81,246.51,322.21,347.0
Energy, Service order intakeMedian320.51,250.51,315.51,375.5
Energy, Service order intakeLowest300.01,163.01,280.01,047.2
Portfolio, Service order intakeNumber of Estimates5555
Portfolio, Service order intakeHighest113.4275.4265.0280.9
Portfolio, Service order intakeConsensus (Mean)47.0209.067.9229.5226.6219.1
Portfolio, Service order intakeMedian63.0225.0238.2200.0
Portfolio, Service order intakeLowest40.0201.0180.0178.7
Total Services, Order intakeNumber of Estimates5555
Total Services, Order intakeHighest1,013.73,818.74,067.24,406.0
Total Services, Order intakeConsensus (Mean)876.03,519.0952.33,743.53,985.04,165.8
Total Services, Order intakeMedian945.03,732.03,981.04,117.0
Total Services, Order intakeLowest901.03,682.03,873.04,039.9
Marine, Equipment Order intakeNumber of Estimates7777
Marine, Equipment Order intakeHighest400.01,406.01,614.51,727.5
Marine, Equipment Order intakeConsensus (Mean)346.01,257.0378.61,384.61,479.01,559.4
Marine, Equipment Order intakeMedian381.01,387.01,474.01,562.0
Marine, Equipment Order intakeLowest344.01,350.01,395.01,395.0
Energy, Equipment Order intakeNumber of Estimates8888
Energy, Equipment Order intakeHighest742.01,844.02,093.02,333.0
Energy, Equipment Order intakeConsensus (Mean)537.01,735.0552.71,663.11,874.12,018.3
Energy, Equipment Order intakeMedian551.01,653.01,932.92,054.0
Energy, Equipment Order intakeLowest411.01,513.01,580.01,704.5
Portfolio, Equipment Order intakeNumber of Estimates5555
Portfolio, Equipment Order intakeHighest210.0879.0740.0799.6
Portfolio, Equipment Order intakeConsensus (Mean)97.0559.0168.1836.7670.5690.6
Portfolio, Equipment Order intakeMedian161.0830.0700.0700.0
Portfolio, Equipment Order intakeLowest111.6779.6550.0500.0
Total Equipment, Order intakeNumber of Estimates5555
Total Equipment, Order intakeHighest1,141.03,918.04,245.04,540.0
Total Equipment, Order intakeConsensus (Mean)980.03,550.01,028.13,818.13,974.94,225.2
Total Equipment, Order intakeMedian1,019.03,853.43,965.04,128.9
Total Equipment, Order intakeLowest950.03,726.03,722.04,001.0
Marine, Service net salesNumber of Estimates7777
Marine, Service net salesHighest558.02,056.02,264.02,605.3
Marine, Service net salesConsensus (Mean)492.01,862.0526.42,024.62,227.72,412.8
Marine, Service net salesMedian533.02,031.02,250.22,399.0
Marine, Service net salesLowest490.01,988.02,105.42,210.7
Energy, Service net salesNumber of Estimates8888
Energy, Service net salesHighest370.01,201.01,283.01,393.4
Energy, Service net salesConsensus (Mean)295.01,095.0313.21,143.71,228.01,290.6
Energy, Service net salesMedian307.51,138.51,214.51,280.5
Energy, Service net salesLowest290.01,121.01,203.01,163.6
Portfolio, Service net salesNumber of Estimates5554
Portfolio, Service net salesHighest79.0228.0513.0569.0
Portfolio, Service net salesConsensus (Mean)56.0191.055.0200.2276.7298.3
Portfolio, Service net salesMedian50.0194.0213.4222.0
Portfolio, Service net salesLowest41.0185.0180.0180.0
Total Services, Net SalesNumber of Estimates5555
Total Services, Net SalesHighest961.03,435.03,981.04,198.0
Total Services, Net SalesConsensus (Mean)843.03,148.0896.63,370.23,755.23,959.4
Total Services, Net SalesMedian904.03,377.03,730.33,902.0
Total Services, Net SalesLowest830.03,303.03,618.03,768.8
Marine, Equipment Net SalesNumber of Estimates7777
Marine, Equipment Net SalesHighest469.01,176.01,414.01,504.0
Marine, Equipment Net SalesConsensus (Mean)267.0938.0338.11,045.71,244.81,371.4
Marine, Equipment Net SalesMedian313.61,021.61,238.01,380.0
Marine, Equipment Net SalesLowest274.0982.01,120.81,176.9
Energy, Equipment Net SalesNumber of Estimates8887
Energy, Equipment Net SalesHighest637.01,679.02,041.02,047.0
Energy, Equipment Net SalesConsensus (Mean)425.01,515.0521.61,563.61,743.41,809.0
Energy, Equipment Net SalesMedian513.11,555.11,746.41,780.0
Energy, Equipment Net SalesLowest428.21,470.21,523.01,641.0
Portfolio, Equipment Net SalesNumber of Estimates5555
Portfolio, Equipment Net SalesHighest177.0550.0801.41,035.2
Portfolio, Equipment Net SalesConsensus (Mean)109.0413.0148.0520.2631.7666.0
Portfolio, Equipment Net SalesMedian150.0522.0600.0602.8
Portfolio, Equipment Net SalesLowest104.0476.0463.0342.0
Total Equipment, Net SalesNumber of Estimates5555
Total Equipment, Net SalesHighest1,164.03,286.03,747.74,227.0
Total Equipment, Net SalesConsensus (Mean)800.02,867.0977.03,098.83,560.93,817.6
Total Equipment, Net SalesMedian971.83,093.83,538.93,692.0
Total Equipment, Net SalesLowest878.22,999.23,400.03,487.0
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.