Wärtsilä’s net sales for January-March 2014 increased by 15% to EUR 1,012 million (882). Net sales for Power Plants totalled EUR 190 million (202), a decrease of 6%. Ship Powers’ net sales increased by 54% and totalled EUR 386 million (251). Net sales from the Services business remained stable at EUR 435 million (434). Services’ sales mix saw an increase in revenues from spare parts and long-term contracts. Of the total net sales, Power Plants accounted for 19%, Ship Power for 38% and Services for 43%.
Of Wärtsilä’s net sales for January-March 2014, approximately 65% was EUR denominated, 18% USD denominated, with the remainder being split between several currencies.
|Net sales by business|
|Power Plants||190||202||-6%||1 459|
|Ship Power||386||251||54%||1 357|
|Net sales, total||1 012||882||15%||4 654|
|The Ship Power comparison figures have been adjusted to reflect the combination of PowerTech and Ship Power, which became effective on 1 January 2014.|
|Group net sales includes hedges of EUR -2 million for the full year 2013 and EUR -5 million for the first quarter of 2013, which have not been allocated to the businesses.|