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Annual Report 2013

q4 2013

q3 2013

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Annual Report 2014

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q3 2014

q2 2014

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Annual Report 2015

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q3 2015

q2 2015

q1 2015

q1 2016

q2 2016

q3 2016

Net sales

Wärtsilä’s net sales for the third quarter decreased by 12% to EUR 1,079 million (1,222) compared to the corresponding period last year. Net sales for Energy Solutions decreased by 27% to EUR 177 million (243). Marine Solutions’ net sales totalled EUR 390 million (448), which is 13% lower than in the corresponding quarter last year. Net sales from the Services business decreased by 4% to EUR 512 million (531).

Wärtsilä’s net sales for January-September 2016 was EUR 3,242 million (3,439), a decrease of 6% over the corresponding period last year. Net sales for Energy Solutions totalled EUR 530 million (752), a decrease of 30%. Marine Solutions’ net sales increased by 3% to EUR 1,158 million (1,122). Net sales from the Services business were stable at EUR 1,554 million (1,565). The growth in revenues related to service projects was outweighed by lower demand in the transactional maintenance business. 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-September 2016, approximately 65% was EUR denominated, 20% USD denominated, with the remainder being split between several currencies.

Net sales by business
MEUR 7-9/2016 7-9/2015 Change 1-9/2016 1-9/2015 Change 2015
Energy Solutions 177 243 -27% 530 752 -30% 1 126
Marine Solutions 390 448 -13% 1 158 1 122 3% 1 720
Services 512 531 -4% 1 554 1 565 -1% 2 184
Net sales, total 1 079 1 222 -12% 3 242 3 439 -6% 5 029

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