Wärtsilä Corporation Interim Report Q3 2015

Net sales and profitability developing according to plan

Third quarter highlights

  • Order intake decreased 17% to EUR 1,086 million (1,309)
  • Net sales increased 9% to EUR 1,222 million (1,117)
  • Book-to-bill 0.89 (1.17)
  • EBITA EUR 170 million, or 13.9% of net sales (EUR 149 million or 13.3%)
  • Operating result before non-recurring items EUR 160 million, or 13.1% of net sales (EUR 142 million or 12.7%)
  • Earnings per share 0.49 euro (0.43)
  • Cash flow from operating activities EUR -5 million (68)
  • Mr Jaakko Eskola appointed President and CEO of Wärtsilä Corporation as of 1 November 2015

Highlights of the review period January-September 2015

  • Order intake was stable at EUR 3,529 million (3,562)
  • Net sales increased 6% to EUR 3,439 million (3,230)
  • Book-to-bill 1.03 (1.10)
  • EBITA EUR 420 million, or 12.2% of net sales (EUR 392 million or 12.1%)
  • Operating result before non-recurring items EUR 397 million, or 11.5% of net sales (EUR 373 million or 11.5%)
  • Earnings per share 1.46 euro (1.16)
  • Cash flow from operating activities EUR 78 million (240)
  • Order book at the end of the period increased 9% to EUR 5,112 million (4,674)

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