Wärtsilä’s first quarter order intake was stable at EUR 1,271 million (1,285). The first quarter book-to-bill ratio was 1.31 (1.30).
Order intake for Energy Solutions totalled EUR 312 million (287), which was 9% more than for the corresponding period last year. Europe and the Middle East were the most active regions in terms of order intake.
Marine Solutions’ order intake totalled EUR 379 million (336), an increase of 13% over the corresponding period last year. The growth in orders received was partly supported by good demand in the Electrical and Automation business. Ordering activity was also strong in the cruise and ferry segment, which represented 48% of the first quarter’s order intake. The gas carrier segment and the conventional merchant segment each accounted for 11% of order intake. The special vessels segment’s share was 11%, while navy represented 10%, offshore 3%, and other orders 6% of the total.
Order intake for the Services business totalled EUR 580 million (662). The 12% decline over the corresponding period last year was primarily due to lower demand for larger service projects. During the first quarter, Services signed a five-year maintenance agreement with Bonny Gas Transport Limited, a subsidiary of Nigeria LNG Limited.