
15 Jul 2024
Marine leads, margin uncertainty
Q2 results due on 19 July at 7.30 CET. We expect orders +11%, adj. EBIT margin 9.8% (7.4%). Valuation unattractive - keep SELL.

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Marine leads, margin uncertainty
Wartsila Oyj Abp (WRT1V:HEL) | 0 0 1.7% | Mkt Cap: 11,724m
- Published:
15 Jul 2024 -
Author:
ABGSC Capital Goods Research | Karl Bokvist | Olof Cederholm | Anders Idborg -
Pages:
11 -
Q2 results due on 19 July at 7.30 CET. We expect orders +11%, adj. EBIT margin 9.8% (7.4%). Valuation unattractive - keep SELL.