According to Wärtsilä Group CEO Håkan Agnevall, the company’s second-quarter result was strong across several areas.
– The second quarter of 2025 was strong for Wärtsilä: order intake, net sales, operating result, and cash flow all increased. At the end of the quarter, our order book reached an all-time high, Agnevall states.
In its outlook, the company anticipates that the demand environment for the next 12 months will be better than the comparison period in the Marine & Energy Storage businesses, while the demand environment for the Energy business is expected to remain at a similar level.
– It should be noted that the order intake for the Energy business has been very strong over the past 12 months. However, as we have emphasized, significant external uncertainties make future forecasting challenging.
Global economic uncertainty has dampened demand for new vessel capacity during 2025. An uncertain trade policy environment and strong supply of new vessels have led to a situation where markets are increasingly fragmented across different vessel segments.
However, Wärtsilä’s key segments—such as cruise and ferry traffic—have maintained positive momentum.
In April, the International Maritime Organization’s (IMO) Marine Environment Protection Committee proposed new measures to promote carbon neutrality in international shipping. Although the measures will only be officially confirmed in October 2025, they send a clear message: emission reduction targets are tightening, and investments in cleaner technology are accelerating.
– In the first half of 2025, 183 new vessels capable of using alternative fuels were ordered, representing 55% of total vessel orders, Agnevall says.
Wärtsilä introduced its new carbon capture solution in the second quarter of the year.
– This innovative technology supports reducing vessel emissions and helps ensure that vessels remain operational.
In June, the company also announced a €50 million investment plan to expand the Sustainable Technology Hub in Vaasa. Enhancing the center’s testing and manufacturing capacity will improve Wärtsilä’s ability to meet growing demand for sustainable technologies in both marine and energy sectors.
Wärtsilä Oyj Abp Half-Year Report January–June 2025
Vaula Aunola
On 17.7.2025, Wärtsilä announced an agreement to sell its Marine Electrical Systems unit to VINCI Energies. VINCI Energies is a global company providing multi-technical solutions and services for the energy and transport sectors, communication infrastructure, as well as buildings, factories, and IT systems.
Marine Electrical Systems specializes in complex shipboard electrical system integrations, combining proprietary and shipyard-supplied equipment into a single electrical network.
As part of Wärtsilä Portfolio Business, the Marine Electrical Systems unit has been managed independently with the aim of supporting Wärtsilä’s financial performance and unlocking value for the company through divestment. Last year, Marine Electrical Systems’ net sales were €100 million. The sale includes Wärtsilä SAM Electronics GmbH and an ongoing project in Brazil.
– This agreement implements the divestment strategy of the Portfolio Business. VINCI Energies has deep expertise in complex project-based business and is therefore an excellent new owner for the Marine Electrical Systems unit. I am confident that VINCI Energies provides a solid foundation for the business’s success and brings benefits to customers, partners, and Marine Electrical Systems’ top professionals, says Bernd Bertram, Director of Wärtsilä Portfolio Business.
The transaction is expected to close in the last quarter of 2025, pending regulatory approvals.
