Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.

Wärtsilä’s approach to sustainability is based on economic, environmental and social performance. Our overriding focus is on ensuring profitability, providing environmentally sound products and services and ensuring responsible business conduct. We act as a good corporate citizen wherever we are active. Our business operations and relations with our stakeholders are governed by our Code of Conduct.

Wärtsilä implements a single-tier governance model, in which the management of the Wärtsilä Group is the responsibility of the General Meeting of shareholders, the Board of Directors, and the President and CEO. Wärtsilä complies with all relevant guidelines and provisions.

Wärtsilä’s shares are listed on the Nasdaq Helsinki Large Cap list under the trading code WRT1V. At the end of 2017, Wärtsilä had approximately 39,900 shareholders and the total number of shares was 197,241,130. Foreign shareholding, including nominee-registered shares, represented 55.9% of the share capital.

The year 2017 developed in line with our expectations. Increased power plant deliveries supported some growth in net sales, while profitability was in line with the previous year. The highlight of the year was the order intake growth seen in all of our business areas.