Wärtsilä Corporation Interim Report Q1 2015

Net sales

Wärtsilä’s net sales for January-March 2015 was stable at EUR 988 million (997). Net sales for Power Plants decreased by 5% to EUR 182 million (190), due to the low level of orders received during the first half of 2014 and the timing of project deliveries. Ship Power’s net sales totalled EUR 321 million (371), a decrease of 14%. Net sales from the Services business increased by 11% to EUR 485 million (435), supported by growth in all segments. Of the total net sales, Power Plants accounted for 18%, Ship Power for 32% and Services for 49%.

Of Wärtsilä’s net sales for January-March 2015, approximately 63% was EUR denominated, 18% USD denominated, with the remainder being split between several currencies.

Net sales by business
MEUR 1-3/2015 1-3/2014 Change 2014
Power Plants 182 190 -5% 1 138
Ship Power 321 371 -14% 1 702
Services 485 435 11% 1 939
Net sales, total 988 997 -1% 4 779

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