Wärtsilä Corporation Interim Report Q2 2015

Net sales

Wärtsilä’s net sales for the second quarter increased by 10% to EUR 1,230 million (1,116) compared to the corresponding period last year. Net sales for Energy Solutions increased by 40% to EUR 327 million (233), thanks to order intake growth in the second half of 2014. Marine Solutions’ net sales for the second quarter totalled EUR 354 million (415), a decrease of 15%. Net sales from the Services business increased by 17% to EUR 548 million (468), supported by growth in all segments.

Wärtsilä’s net sales for January-June 2015 was EUR 2,218 million (2,113). Net sales for Energy Solutions totalled EUR 509 million (424), an increase of 20%. Marine Solutions’ net sales totalled EUR 674 million (786), a decrease of 14%. Net sales from the Services business increased by 14% to EUR 1,034 million (903). Of the total net sales, Energy Solutions accounted for 23%, Marine Solutions for 30% and Services for 47%.

Of Wärtsilä’s net sales for January-June 2015, approximately 63% was EUR denominated, 20% USD denominated, with the remainder being split between several currencies.

 

Net sales by business
MEUR 4-6/2015 4-6/2014 Change 1-6/2015 1-6/2014 Change 2014
Energy Solutions 327 233 40% 509 424 20% 1 138
Marine Solutions1 354 415 -15% 674 786 -14% 1 702
Services 548 468 17% 1 034 903 14% 1 939
Net sales, total 1 230 1 116 10% 2 218 2 113 5% 4 779
1 MSI's contribution to net sales was EUR 30 million in the second quarter of 2015.

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