Wärtsilä Oyj Abp (WRTBY) Shareholder/Analyst Call Transcript

SA Transcripts159.09K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Wärtsilä Oyj Abp (WRTBY) Shareholder/Analyst Call March 23, 2026 9:30 AM EDT Company Participants Hanna-Maria Heikkinen - Vice President of Investor RelationsArjen Berends - CFO, Executive VP & Member of the Board of Management Conference Call Participants Akash Gupta - JPMorgan Chase & Co, Research DivisionVivek Midha - Citigroup Inc., Research DivisionSven Weier - UBS Investment Bank, Research DivisionAntti Kansanen - SEB, Research DivisionDaniela Costa - Goldman Sachs Group, Inc., Research DivisionJohan Eliason - Sparebank 1 Markets AS, Research DivisionTomas Skogman - DNB Carnegie, Research DivisionUma Samlin - BofA Securities, Research Division Presentation Hanna-Maria HeikkinenVice President of Investor Relations Hi all, and welcome to Wartsila Q1 Pre-silent Call and greetings from Helsinki. We have some signs of spring here. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CFO, Arjen Berends, will start with key messages. We will also show 2 slides, which are already available on our IR website. After the key messages we have time for Q&A. [Operator Instructions] Please, Arjen time to start. Arjen BerendsCFO, Executive VP & Member of the Board of Management Thank you, Anna Maria. And life is always more fun when the sun shines. So nice weather here. Let's start, first of all, with 2 slides. First of all, let's say, about order book and portfolio. So if we start with portfolio business, let's say, we -- as you know and remember, but just to mention it once more as a refresher, we have basically sold all businesses under portfolio business. There are 2 businesses still there to be closed in the coming months, you could say, or quarters, which is Gas Solutions. We expect that to be completed in Q2 and water and waste, we expect that to be completed in Q3. So from Q4 onwards, there will be no businesses