Finnish engineering group Wartsila missed fourth-quarter orders forecasts on Wednesday, dragged down by U.S. battery tariffs and tougher competition in its energy storage business.
The company’s shares fell around 3%, even though CEO Hakan Agnevall pointed to “ample opportunities” supplying engine-based power generation to new data centres – a fast-growing business as grid capacity strains under the AI-driven data boom.
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Source: Reuters | Published: 2026-02-04T10:11:19Z
Credit: Reuters
