Wärtsilä Oyj Abp (WRTBY) Discusses Joint Venture With RCT Solutions and Discontinuation of Energy Storage Reporting Segment June 15, 2026 7:00 AM EDT
Company Participants
Hanna-Maria Heikkinen - Vice President of Investor Relations
Håkan Agnevall - President, CEO & Member of Management Board
Arjen Berends - CFO, Executive VP & Member of the Board of Management
Conference Call Participants
Antti Kansanen - SEB, Research Division
Akash Gupta - JPMorgan Chase & Co, Research Division
Sebastian Kuenne - RBC Capital Markets, Research Division
Vladimir Sergievskiy - Barclays Bank PLC, Research Division
Panu Laitinmaki - Danske Bank A/S, Research Division
Uma Samlin - BofA Securities, Research Division
Johan Eliason - Sparebank 1 Markets AS, Research Division
Daniela Costa - Goldman Sachs Group, Inc., Research Division
Sven Weier - UBS Investment Bank, Research Division
Presentation
Hanna-Maria Heikkinen
Vice President of Investor Relations
Welcome to this news conference. I'm Hanna-Maria Heikkinen, and I'm in charge of Investor Relations. Wartsila announced today the plan to establish a joint venture for our global Energy Storage business with RCT Solutions and discontinue Energy Storage as a separate reporting segment.
Today, our CEO, Hakan Agnevall, will discuss the highlights of the plan. And after Hakan's key messages, there's a possibility to ask questions. As a reminder, we will host a pre-silent call next week on June 23, together with our CFO, Arjen Berends. So let's leave questions related to recent trading and detailed financials to that call. [Operator Instructions]
Please, Hakan, time to start.
Håkan Agnevall
President, CEO & Member of Management Board
Thank you, Hanna-Maria. And it's not only me today, it's also -- Arjen is also here as our CFO. So for the Q&A session. But let's first summarize our news release here this morning. So as Hanna-Maria pointed out, we are about to establish a joint venture for a global energy storage operation with RCT Solutions. And also on the reporting side, discontinued energy storage
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