Wärtsilä redefines its financial targets

Wärtsilä Corporation Company announcement 28 January 2011 at 8.20 local time Wärtsilä has redefined its long-term financial targets. Our target is to grow faster than global GDP. Our operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, our target is to keep operating profit margin above 10%. Our target is to maintain gearing below 50%. Our target is to pay a dividend equivalent to 50% of earnings per share. For further information, please contact: Raimo Lind Executive Vice President & CFO Tel: +358 10 709 5640 raimo.lind@wartsila.com Joséphine Mickwitz Director, Investor Relations Tel: +358 400 784 889 josephine.mickwitz@wartsila.com For press information, please contact: Atte Palomäki Group Vice President, Communications & Branding Tel: +358 40 547 6390 atte.palomaki@wartsila.com Wärtsilä Corporation This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Wärtsilä Oyj Abp via Thomson Reuters ONE [HUG#1483213]
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