Open navigation
Five years in figures
Restated
MEUR 2018 2017* 2016 2015 2014
Net sales 5 174 4 911 4 801 5 029 4 779
of which outside Finland % 98.9 97.7 97.5 97.8 98.9
Exports from Finland 2 145 1 953 1 804 1 936 2 280
Personnel on average 18 899 17 866 18 332 18 565 18 042
of which in Finland 3 766 3 521 3 482 3 580 3 582
Order book 6 166 5 100 4 696 4 882 4 530
From the consolidated statement of income
Depreciation, amortisation and impairment 130 134 138 124 115
Share of result of associates and joint ventures 13 13 14 17 26
Comparable operating result 577 576 583 612 569
as a percentage of net sales % 11.2 11.7 12.1 12.2 11.9
Operating result 543 538 532 587 522
as a percentage of net sales % 10.5 11.0 11.1 11.7 10.9
Comparable adjusted EBITA 621 612 618 643 594
as a percentage of net sales % 12.0 12.5 12.9 12.8 12.4
Financial income and expenses -40 -47 -53 -34 -28
Profit before taxes 502 491 479 553 494
as a percentage of net sales % 9.7 10.0 10.0 11.0 10.3
Profit for the financial period from the continuing operations 386 375 357 429 389
Profit/loss for the financial period from the discontinued operations - - - 22 -37
Net profit for the financial period 386 375 357 451 351
as a percentage of net sales % 7.5 7.6 7.4 9.0 7.4
From the consolidated statement of financial position
Non-current assets 2 369 2 285 2 116 2 215 1 884
Current assets 3 690 3 363 3 275 3 374 3 294
Assets held for sale - - - - 102
Total equity attributable to equity holders of the parent company 2 418 2 352 2 288 2 201 1 960
Non-controlling interests 14 24 34 41 45
Interest-bearing debt 823 619 629 724 666
Non-interest-bearing liabilities 2 804 2 653 2 441 2 623 2 554
Liabilities directly attributable to assets held for sale - - - - 55
Total equity and liabilities 6 059 5 648 5 391 5 589 5 280
From the consolidated statement of cash flows
Cash flow from operating activities 470 430 613 255 452
Cash flow from investing activities -240 -235 -126 -288 -71
Cash flow from financing activities -118 -278 -339 -210 -210
Gross capital expenditure 306 255 146 346 101
as a percentage of net sales % 5.9 5.2 3.0 6.9 2.1
Research and development expenditure 165 141 131 132 139
as a percentage of net sales % 3.2 2.9 2.7 2.6 2.9
Dividends paid 284** 272 256 237 227
Financial ratios
Earnings per share (EPS), basic and diluted*** EUR 0.65 0.63 0.60 0.75 0.59
Dividend per share*** EUR 0.48** 0.46 0.43 0.40 0.38
Dividend per earnings % 73.7** 70.8 72.8 53.3 65.4
Interest coverage 10.8 11.8 18.6 15.9 15.9
Return on investment (ROI) % - - - - 18.7
Return on investment (ROI), continuing operations % 18.1 18.5 17.1 21.0 20.3
Return on equity (ROE) % - - - - 18.0
Return on equity (ROE), continuing operations % 16.1 16.0 15.6 20.2 20.0
Solvency ratio % 44.4 46.3 47.6 44.6 43.5
Gearing 0.14 0.10 0.07 0.17 0.05
Equity per share*** EUR 4.09 3.97 3.87 3.72 3.31
Working capital (WCAP) EUR 581 563 490 543 251
* Figures in the comparison period 2017 have been restated due to the adoption of IFRS 15.
** Proposal of the Board of Directors.
*** Share issue without payment (share split) approved by Wärtsilä Corporation’s Annual General Meeting on 8 March 2018 increased the total number of Wärtsilä shares to 591,723,390. Figures in the comparison periods have been restated accordingly.

Note

Add a note?

Note

Add a note?

Note

Add a note?

Note

Add a note?