Wartsila Oyj Abp · OMXHEX:WRT1V

Wartsila Oyj Abp — Wärtsilä — Investor Day (November 2026)

20 slides from Wartsila Oyj Abp's investor day presentation, Nov 3, 2026

  1. Slide 1: Capturing unprecedented opportunities for structural growth and profitability improvements

    Capturing unprecedented opportunities for structural growth and profitability improvements Anders Lindberg President of Energy Helsinki | 3 November 2026 1 ©

  2. Slide 2: Upgraded targets based on three structural drivers

    Upgraded targets based on three structural drivers Capture unprecedented Grow lifecycle revenues Increase value through equipment growth over many years excellence in execution Upgraded • Leverage record load growth • Grow the service business as • Continue to focus on Energy targets and renewables

  3. Slide 3: Milestones achieved since 2023

    Milestones achieved since 2023 Focus areas from CMD 2023 Status as of CMD 2026 Focused on profitability and delivery Stronger risk management +3.4pp profitability1, >85% EEQ2 in order book Operational leverage from growth +142% order intake1, +39% net sales1, +6% FTE1, 3 Moving up the service value

  4. Slide 4: The demand environment is undergoing a structural shift to higher levels of growth

    The demand environment is undergoing a structural shift to higher levels of growth while ageing capacity is retiring +45% • We are entering the highest electricity Unprecedented TWh demand 1,000 demand growth period in history Average annual electricity • By 2030, global electricity demand will 500

  5. Slide 5: Electricity demand growth has robust, diversified drivers

    Electricity demand growth has robust, diversified drivers… Drivers of electricity demand 2025-2030 Industry Cooling and Transport Other Data centres heating Main Electrification of Air conditioning Electric vehicle All other, Artificial intelligence drivers industry and heat pumps uptake e.g. applia

  6. Slide 6: Demand met by renewables and balancing technologies such as medium-speed gas engines

    … and will predominantly be met by renewables and balancing technologies such as medium-speed gas engines 1 The scale of electricity Demand growth is primarily met with Wärtsilä is well positioned to support demand growth is renewable generation supported by gas the transition with flexible solution

  7. Slide 7: Data centre market growth increasingly reliant on fast, scalable off-grid power

    Data centre market growth is increasingly reliant on fast, scalable, and efficient off-grid power Data centre capacity is surging, Wärtsilä’s flexible generation Wärtsilä’s industry-leading and increasingly powered off-grid is attractive for all future grid solutions are valued by customers U.S. ins

  8. Slide 8: Efficient, modular solutions excel in baseload generation for data centres

    Wärtsilä’s efficient and modular solutions, flexible design, and robust performance excel in baseload generation for data centres Efficiency Ramp-up Unlimited Land use Water BNEF: Engines offer the lowest LCOE for off-grid to full starts intensity use data centres load Levelised cost of electricity

  9. Slide 9: Medium-speed engines offer lower generation costs with ~20% as many units

    Medium-speed engines offer lower generation costs with only ~20% as many units as high-speed engines Wärtsilä needs fewer units to meet the same 400 MW data centre demand High-speed Wärtsilä: engines: 27 units 151 units High-speed engines requiring more units increase the customer’s Up to 5% lower L

  10. Slide 10: Medium-speed engines deliver the lowest cost of ownership for data centres

    Medium-speed engines deliver the lowest cost of ownership for data centres across all markets assessed in our recent study Total cost of ownership for a 400 MW data centre capacity in Texas, US EUR/kW of data centre capacity per year 800 Unlock power. Unleash growth. 600 How data centres can create

  11. Slide 11: Scaling up the Wärtsilä 46TS platform to further improve our competitiveness

    Scaling up the Wärtsilä 46TS platform to further improve our competitiveness The Wärtsilä 46TS is the new industry-leading large-bore engine designed for balancing renewables and providing cost-efficient baseload. Industry-leading performance • Significantly increased power output • World-leading ef

  12. Slide 12: Energy's strong order book supports continued installed base growth

    Energy’s strong order book supports continued installed base growth while lead times have extended new deliveries to 2030 and beyond Q3/2026 order book delivery schedule, Energy • Energy’s strong order book supports continued installed base growth and attractive service revenue €bn Delivery schedule

  13. Slide 13: Expanding installed base with higher agreement coverage drives services growth

    The expanding installed base, with considerably higher agreement coverage in the pipeline, drives long-term growth in services Operating installed base Estimated deliveries until 2030 ~37% ~80% Service Service agreement agreement capture rate by CoD coverage ~13 GW ~60 GW of which 6 GW in order book

  14. Slide 14: Each equipment sale creates lifecycle service business for over 20 years

    Each equipment sale creates lifecycle service business for over 20 years New deliveries’ lifetime service Cumulative equipment and lifecycle service order intake potential grows with a higher agreement capture rate and increased share of customer service spend. Order intake +50% Start of operations

  15. Slide 15: Moving up the service value ladder is delivering tangible results

    Our strategy of moving up the service value ladder is delivering tangible results Wärtsilä Service Value Ladder Moving up the service value ladder Sales EUR/kW relative to Transactional Up to 3-5x Up to 3-5x share of customer service spend in Outcome- outcome-based agreements compared to based & tra

  16. Slide 16: Outcome-based agreements increase services revenue potential with AI and digital

    Outcome-based agreements increase services revenue potential enabled by Wärtsilä’s AI and digital capabilities Predict maintenance Capture high-value Customer example needs operating hours Âmbar Energia in Brazil AI-powered analytics combine plant data with Optimise maintenance around market Financi

  17. Slide 17: Growth opportunities in balancing, data centres and services; execution drives profitability

    Unprecedented growth opportunities in balancing, data centres and services. Execution and price realisation drive profitability Growth Profitability +331% increase in equipment order book1 31% → 37% Equipment Execution excellence service agreement coverage1 Balancing growth globally Excellence in pr

  18. Slide 18: Capturing unprecedented opportunities for structural growth and profitability improvements

    Capturing unprecedented opportunities for structural growth and profitability improvements Capture unprecedented Grow lifecycle revenues Increase value through Upgraded equipment growth over many years excellence in execution Energy targets High-teens % annual organic net sales growth 18% operating

  19. Slide 19: Disclaimer

    Disclaimer This presentation has been prepared by Wärtsilä Corporation ("Wärtsilä") solely for information purposes and does not constitute an offer to sell or buy any securities of Wärtsilä in any jurisdiction, nor does it constitute investment advice or a recommendation. Forward-looking statements

  20. Slide 20: Wärtsilä

    re, WARTSILA

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