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.