Independent journal on economy and transport policy
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In increase the results of Wärstilä Corporation in the naval field
The Finnish group has closed the first trimester of this year with a profit clearly of 57 million euros (+6%)
April 24, 2018
In the first trimester of the 2018 turnover clearly of the Finnish group Wärstilä Corporation it has grown of +6% going up to 1,07 billion euros regarding 1,00 billion euros in the first three months of the 2017 (total, this last one, rectified as the others last year as a result of the introduction by 1° January of 15 accounting principle IFRS Revenue from Contracts with Customers). The operating result is piled to 85 million euros (+12%) and the profit clearly to 57 million euros regarding 54 million euros in the first trimester of 2017.
In the single Marine Solutions segment, division that realizes engines and systems of propulsion and other systems for the marine field, the turnover clearly has been attested to 264 million euros, with an increase of +13% on the first three months last year. The new acquired orders in the first trimester of 2018 in this section of activity have been pairs to 357 million euros (+31%) on a value total of 1,51 billion euros of new orders confiscated from Finnish group (+7%). Al 31 last March the value of the orderbook of Wärstilä turned out pairs to 5,49 billion euros (+7% on on March 31, 2017), of which 2,08 billion euros in the single segment Marine Solutions (+2%).
Relatively to the division Marine Solutions, the president and managing director of the Jaakko Eskola group, it has specified that at the beginning of this year "the increase of the question in the mercantile segment and the activity supported in the markets of the cruise ships and the ferries has contributed to the increase of the received orders".
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