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Annual Report 2013

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Net sales

Wärtsilä’s net sales for the second quarter totalled EUR 1,196 million (1,230), a decrease of 3% compared to the corresponding period last year. Net sales for Energy Solutions decreased by 33% to EUR 220 million (327). Marine Solutions’ net sales totalled EUR 433 million (354), which is 23% higher than in the corresponding quarter last year. Net sales from the Services business remained stable at EUR 542 million (548). The good development in service project sales was outweighed by slower demand for long-term service agreements.

Wärtsilä’s net sales for January-June 2016 were EUR 2,163 million (2,218), a decrease of 2% over the corresponding period last year. Net sales for Energy Solutions totalled EUR 353 million (509), a decrease of 31%. Marine Solutions’ net sales increased by 14% to EUR 768 million (674). Net sales from the Services business were stable at EUR 1,042 million (1,034). Of the total net sales, Energy Solutions accounted for 16%, Marine Solutions for 36%, and Services for 48%.

Of Wärtsilä’s net sales for January-June 2016, approximately 65% was EUR denominated, 19% USD denominated, with the remainder being split between several currencies.

 

Net sales by business
MEUR 4-6/2016 4-6/2015 Change 1-6/2016 1-6/2015 Change 2015
Energy Solutions 220 327 -33% 353 509 -31% 1 126
Marine Solutions1 433 354 23% 768 674 14% 1 720
Services 542 548 -1% 1 042 1 034 1% 2 184
Net sales, total 1 196 1 230 -3% 2 163 2 218 -2% 5 029
1 Marine Systems International's contribution to net sales was EUR 106 million (30) in the second quarter of 2016 and EUR 208 million (30) in the review period January-June 2016.

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