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Annual Report 2013

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Annual Report 2015

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Net sales

Wärtsilä’s net sales for the review period January-March 2016 decreased by 2% to EUR 967 million (988) compared to the corresponding period last year. Net sales for Energy Solutions decreased by 27% to EUR 132 million (182). Marine Solutions’ net sales totalled EUR 335 million (321), 4% higher than in the corresponding quarter last year. Net sales from the Services business amounted to EUR 500 million (485), an increase of 3% over the corresponding period last year thanks to steady development in all areas. Of the total net sales, Energy Solutions accounted for 14%, Marine Solutions for 35% and Services for 52%.

Of Wärtsilä’s net sales for January-March 2016, approximately 61% was EUR denominated, 23% USD denominated, with the remainder being split between several currencies.

Net sales by business
MEUR 1-3/2016 1-3/2015 Change 2015
Energy Solutions 132 182 -27% 1 126
Marine Solutions1 335 321 4% 1 720
Services 500 485 3% 2 184
Net sales, total 967 988 -2% 5 029
1 Marine Systems International's contribution to net sales was EUR 102 million in the first quarter of 2016.

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