Solid First Quarter for Wärtsilä

Credits: Wärtsilä Corporation

Wärtsilä has reported a positive first quarter, with improvements in orders, service business, net sales and profitability, reports Diesel & Gas Turbine.

According to the company’s interim report for January through March:

  • Order intake increased by 26% to €1.739 billion, with organic growth of 29%.
  • Service order intake increased by 21% to €889 million.
  • Orders at the end of the period were stable at €6.153 billion.
  • Net sales increased 19% to €1.465 billion, with organic growth of 20%.

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Source: Diesel & Gas Turbine


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