Wartsila Corp
WRT1V: XHEL (FIN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yN! | LOCK|Vw | LOCK|tk^Gm& |
Wärtsilä Earnings: Margins Keep Improving Despite Softness in Energy Storage
Wärtsilä reported second-quarter sales of EUR 1.7 billion, up 11% year over year and slightly ahead of expectations. Profitability continued to improve, as EBIT margin expanded by 70 basis points to 12%. The company introduced its new segmentation, reporting its energy storage business separately.
