adminHanna-Maria Heikkinen
Vice President of Investor Relations
Good morning, and welcome to this news conference for Wärtsilä Q3 2025 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, continue with the business performance. And after that, our CFO, Arjen Berends, will continue with financials. After the presentation, there is a possibility to ask questions.
Hakan, time to start.
Håkan Agnevall
President, CEO & Member of Management Board
Thank you, Hanna-Maria. Thank you, and welcome, everybody. This quarter was a good quarter actually, and we are moving in the right direction, but it’s also a quarter where you need to look a little bit under the hood.
I mean, first of all, operating results and cash flow increased. Order intake was stable at around EUR 1.8 billion. But if you look at organic growth, it’s actually up 6%. And also, if you look at Marine & Energy specifically, you see that Marine order intake was actually up 8%, and Energy order intake was up by 29%. The challenge, and I’ll come back to that, is on our battery business, our energy storage business, where the order intake in Q3 for new
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