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Annual Report 2013

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q3 2013

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Annual Report 2014

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q3 2014

q2 2014

q1 2014

Annual Report 2015

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q3 2015

q2 2015

q1 2015

q1 2016

q2 2016

q3 2016

Events after the reporting period

On 21 April 2016, Wärtsilä announced plans to adjust its Marine Solutions and Energy Solutions businesses to the weakened newbuild market situation and the tough competitive environment. In addition, Wärtsilä plans to concentrate more of the engine related R&D activities to Finland with the aim of reducing development cycles. The realignment will mean the reduction of approximately 550 jobs, of which some 270 will be in Finland. In taking these measures, Wärtsilä seeks annual savings in the region of EUR 50 million. The effect of the savings will materialise gradually beginning from the second quarter of 2016, and will take full effect by the end of 2017. The costs related to the restructuring measures will be approximately EUR 50 million.

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