Wärtsilä’s net sales for the second quarter increased by 5% to EUR 1,152 million (1,099) compared to the corresponding period last year. Net sales for Power Plants totalled EUR 369 million (353), an increase of 4%. Ship Powers’ net sales for the second quarter totalled EUR 315 million (298), which is 6% higher than in the corresponding quarter last year. The second quarter net sales for Services increased by 4% to EUR 465 million (449). This increase in sales relates mainly to the timing of service projects, while revenue from maintenance services was stable.
Net sales for January-June 2013 decreased by 3%, totalling EUR 2,034 million (2,104). Power Plants’ net sales totalled EUR 570 million (625), a decrease of 9%. Ship Power’s net sales increased by 4% and totalled EUR 560 million (536). Net sales from the Services business totalled EUR 899 million (942), a decrease of 5%. Of the total net sales, Power Plants accounted for 28%, Ship Power for 28% and Services for 44%.
Of Wärtsilä’s net sales for January-June 2013, approximately 58% was EUR denominated, 23% USD denominated, with the remainder being split between several currencies.
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Net sales by business
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MEUR
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4-6/2013
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4-6/2012
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Change
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1-6/2013
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1-6/2012
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Change
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2012
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Power Plants
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369
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353
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4%
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570
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625
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-9%
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1 498
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Ship Power
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315
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298
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6%
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560
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536
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4%
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1 301
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Services
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465
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449
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4%
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899
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942
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-5%
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1 908
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Other
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3
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-1
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5
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1
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17
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Net sales, total
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1 152
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1 099
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5%
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2 034
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2 104
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-3%
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4 725
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