Hanna-Maria Heikkinen
Vice President of Investor Relations

Good morning, and welcome to this news conference for Wartsila Q1 2026 results. My name is Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Today, our CEO, Hakan Agnevall, will start with the group highlights. He will also go through business performance. And after that, our CFO, Arjen Berends, will continue with key financials. After the presentation, there is plenty of time for Q&A.

Hakan, please, time to start.

Håkan Agnevall
President, CEO & Member of Management Board

Thank you, Hanna-Maria, and a warm welcome to our Q1 report. I'm joining you today from Shanghai. So it's a pleasure to be here in China. As you know, China accounts for more than half of the world's shipbuilding capacity. So it's a highly relevant place for us to be as Wartsila. But if we start with the first quarter, I would say we have a strong start of the year, both in Marine and Energy. So we start good in 2026. So if we look at the summary, double-digit growth in order intake, all-time high order book and continuously improved operating results. So the total order intake increased by 10% to EUR 2.1 billion. And this quarter, we will also talk a lot about organic growth because you