Financial Performance and Guidance
POWER SYSTEMS
Resilient business model in attractive growth markets
Revenue split (2022)1
POWER GENERATION
GOVERNMENTAL
MARINE
INDUSTRIAL
37
£3,986m
Power Gen
39%
Governmental - 25%
Marine - 12%
Industrial -24%
Mission-critical power
15-20%
Market share
+5-7%
Market growth p.a.
-85,000
Units installed base
Stable, high-power
solutions
>30%
Market share
+2-4% (>10%)
Market growth p.a. (Mid-term p.a.)
-30,000
Units installed base
Complete integrated
systems
15-20%
Market share
+3-5%
Market growth p.a.
-25.000
Units installed base
Efficient, long-lasting
engines
10-15%
Market share
+4-6%
Market growth p.a.
-25,000
Units installed base²
1. Revenue split reallocated compared to annual report - Governmental includes Defence and Naval, which was previously reported under Marine
2. Excluding lower power range engines
Note: Market shares and installed unit base, based on 2022 figures; Market growth reflecting p.a. Original Equipment growth from 2022 to 2030 (Mid-term: 2022 to 2027)
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