Independent journal on economy and transport policy
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In the third Wärstilä trimester it has recorded an increase of the economic results and a decrease of the orders
The orderbook of the group on 30 September almost 4,6 billion euros (- 3% were pairs)
October 24, 2013
In the third trimester of the 2013 group Wärstilä Corporation it has recorded an increment of the economic results and meanwhile a decrease of the new orders. "The uncertainties of the total economy and the fluctuations of currencies in emerging markets - it has explained today the president and CEO of the Finnish group, Björn Rosengren - have determined a dismissal of the decisions of the customers of the division Power Plant that has had an impact on the total evolution of the acquired orders. In the markets of the marine field we have recorded a good activity in all the main naval segments. The attention to the efficiency in the consumption of the fuel and to the competitiveness of the prices of the new constructions - it has specified Rosengren - is contributing to support the investments in the field of the mercantile ships, while the markets offshore continue to being dynamic. The development of the turnover clearly of the services has turned out stable and this reflects the total stability of the market of the services. Wärstilä has undersigned numerous contracts of service in the long term in the course of the trimester and catches a glimpse ulterior opportunities in this field".
In the third trimester of the 2013 group it has totaled a profit before taxes of 126 million euros on revenues for 1,2 billion euros, with increases respective of 27% and 11% on the correspondent period of 2012. The operating profit is increased of 22% to 138 million euros. In the period July-september of this Wärstilä year has confiscated new orders for 1,1 billion euros, with a decrease of the -14% on the third trimester of 2012. The value of the orderbook on 30 September was almost 4,6 billion euros, with a decrease of the -3% regarding on September 30, 2012.
In the first nine months of the 2013 group it has recorded a profit before the taxes of 326 million euros on revenues for 3,2 billion euros, with increments respective of 12% and 2% on the period January-september last year. The operating result is piled to 319 million euros (- 3%) and in the period the new orders have been attested to 3,5 billion euros, with a bending of the -2% regarding 3,6 billion euros in the first nine months last year.
The single division Ship Power di Wärstilä has archived item the third trimester of 2013 with revenues for 340 million euros (0%) and new orders for 378 million euros (- 3%) and the first nine months of 2013 with revenues for 900 million euros (+3%) and new orders for 1,2 billion euros (+8%), of which 44% in the offshore segment. The value of the pocketbook orders of the division on 30 September was almost 2,3 billion euros (+2% regarding on September 30, 2012).
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In the third trimester of the 2013 group Wärstilä Corporation it has recorded an increment of the economic results and meanwhile a decrease of the new orders. "The uncertainties of the total economy and the fluctuations of currencies in emerging markets - it has explained today the president and CEO of the Finnish group, Björn Rosengren - have determined a dismissal of the decisions of the customers of the division Power Plant that has had an impact on the total evolution of the acquired orders. In the markets of the marine field we have recorded a good activity in all the main naval segments. The attention to the efficiency in the consumption of the fuel and to the competitiveness of the prices of the new constructions - it has specified Rosengren - is contributing to support the investments in the field of the mercantile ships, while the markets offshore continue to being dynamic. The development of the turnover clearly of the services has turned out stable and this reflects the total stability of the market of the services. Wärstilä has undersigned numerous contracts of service in the long term in the course of the trimester and catches a glimpse ulterior opportunities in this field".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
