Wärtsilä 2022 Results Presentation – Full Year Performance

Wärtsilä Corporation's 2022 full-year results presentation delivered January 31, 2023, highlights 22% net sales growth and 6% order intake increase amid cost inflation and market challenges. The company reported strong services momentum with 17% service order intake growth, while managing exit from Russia and initiating manufacturing optimization in Finland and Italy. Operating results declined 9% on a comparable basis due to cost pressures, unfavorable sales mix, and a EUR 40 million provision related to the Olkiluoto nuclear project.