Independent journal on economy and transport policy
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Accentuation of the bending of the economic results of the Wärtsilä group in the third trimester
The orders in the marine and offshore field are diminished of -29%
October 25, 2016
In the third trimester of this year the group Wärtsilä Corporation has recorded a decrease of the -12% of the turnover clearly that July-september of 2015 is piled to 1,08 billion euros regarding 1,22 billion euros in the period. The operating result has attested to 123 million euros (- 23%), the profit before taxes to 115 million euros (- 13%) and the profit clearly to 84 million euros (- 13%). The new orders obtained in the period from the Finnish group have been pairs to 1,14 billion euros, in increase of +5% on the third trimester of 2015, and the orderbook on 30 September it is gone up to 3,60 billion euros (+2% on on September 30, 2015).
The single Marine Solutions division, that it develops to systems of propulsion and maneuver and equipments for the fields marine and offshore, has totaled a turnover clearly of 390 million euros, with a bending of the -13% on the third trimester last year, and new total orders for 287 million euros (- 29%). Al 30 last September the pocketbook orders of the division turned out pairs to 2,32 billion euros (- 14%).
In the first nine months of the 2016 turnover clearly of the Wärtsilä group it has been pairs to 3,24 billion euros, with a decrease of the -6% regarding 3,44 billion euros in the correspondent period of 2015. The operating result is dropped of the -17% to 330 million euros and decreasing they have turned out also the profit before taxes and the profit clearly, come down respective to 253 million euros (- 29%) and 185 million euros (- 37%). In the first nine months of this year the group has confiscated new orders for a total value of 3,60 billion euros (+2%).
In the first nine months of this year the turnover clearly of the Marine Solutions division has been of 1,16 billion euros (+3%) and in this segment of activity the new orders are piled to 1,03 billion euros (- 9%).
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