This comprehensive annual report from Wärtsilä outlines the company's corporate governance structure, detailing the roles of the Board of Directors, Group Management, and internal control systems. It provides an overview of their financial performance in 2024, highlighting strong organic growth in order intake and net sales, particularly in the marine sector driven by decarbonization efforts. The report also addresses significant risks and opportunities, including geopolitical tensions, technological advancements, and the critical challenge of per- and polyfluoroalkyl substances (PFAS) in their products. Furthermore, it emphasizes Wärtsilä's commitment to sustainability, with clear targets for reducing greenhouse gas (GHG) emissions and developing zero-carbon fuel solutions. Finally, the document covers employee well-being, continuous improvement initiatives, and details regarding the company's shares and shareholder information.
2024 Annual Report:
https://investors.amersports.com/stock-and-financial-info/annual-reports/
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