Wärtsilä has redefined its long-term financial targets. Now Wärtsilä is focused on its faster growth than global GDP, the company's press release said.
Wärtsilä said its operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, the target is to keep operating profit margin above 10%. Wärtsilä would be willing to maintain gearing below 50%. Also, its target is to pay a dividend equivalent to 50% of earnings per share.
Wärtsilä said its operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, the target is to keep operating profit margin above 10%. Wärtsilä would be willing to maintain gearing below 50%. Also, its target is to pay a dividend equivalent to 50% of earnings per share.