Wartsila Oyj Abp traded at 29.07 this Monday August 24th, decreasing 0.39 or 1.32 percent since the previous trading session. Looking back, over the last four weeks, Wartsila lost 3.10 percent. Over the last 12 months, its price rose by 19.88 percent. Looking ahead, we forecast Wartsila Oyj Abp to be priced at 28.73 by the end of this quarter and at 26.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wartsila Oyj Abp is a Finland-based company, which manufactures and services power sources and other equipment in the marine and energy markets. The Company has a new organizational structure, which became operational in 2020. In the new organizational structure, Marine Power, Marine Systems, Voyage, and Energy constitute the reportable segments of the Group, while Portfolio Business continues to be reported as other business activities. The Marine Power segment focuses on comprehensive range of engine and propulsion solutions. The Marine Systems segment consists of four end-to-end business units: Exhaust Treatment, Gas Solutions, Marine Electrical Systems, and Shaft Line Solutions. The Voyage segment helps transform the way vessels perform their voyage by leveraging the latest digital technologies. The Energy segment offering comprises flexible power plants, energy offering comprises flexible powerplants. The Portfolio Business segment consists of multiple business units.