The Wärtsilä Corporation Group closed its first quarter of 2024 with net sales of €1.32 billion, down -9.8% on the same period of 2023, of which 708 million (+5.8%) in the maritime technology segment alone. Operating profit amounted to €127 million (+38.0%), with contribution of €77 million (+11.6%) from the Marine division. Net profit was €86 million compared to €61 million in the first three months of last year.

In the first quarter of 2024, new orders acquired by the group have reached a value of €1.92 billion (+10.6%), of which €916 million (+23.1%) in the Marine segment. To 31 Last March, the group's order book stood at 7.29 billion (+18.5%), with €3.01 billion pertaining to the segment Marine.

Commenting on the results achieved in the first quarter of This year, the Chairman and CEO of Wärtsilä, Håkan Agnevall, referring only to the technology segment for the maritime sector, noted that, 'driven by the demand for naval capacity and the renewal of ships related to decarbonisation, investments in new ships were significantly higher than the first quarter of 2023. Increased capacity utilization and its steady increase by shipyards," he added supported the increase in ship delivery volumes."