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Net sales

Wärtsilä’s net sales for the second quarter totalled EUR 1,292 million (1,196), an increase of 8% compared to the corresponding period last year. Net sales from the Services business was stable at EUR 546 million (542). The growth in net sales from long-term service agreements compensated for a slight decline in spare parts and service projects. Net sales for Energy Solutions increased by 87% to EUR 412 million (220). Marine Solutions’ net sales totalled EUR 334 million (433), which is 23% lower than in the corresponding quarter last year.

Wärtsilä’s net sales for January-June 2017 were EUR 2,299 million (2,163), an increase of 6% over the corresponding period last year. Net sales from the Services business was stable at EUR 1,035 million (1,042). Net sales for Energy Solutions totalled EUR 651 million (353), an increase of 85%. Marine Solutions’ net sales decreased by 20% to EUR 613 million (768). Of the total net sales, Services accounted for 45%, Energy Solutions for 28%, and Marine Solutions for 27%.

Of Wärtsilä’s net sales for January-June 2017, approximately 68% was EUR denominated, 21% USD denominated, with the remainder being split between several currencies.

 

Net sales by business
MEUR 4-6/2017 4-6/2016 Change 1-6/2017 1-6/2016 Change 2016
Services 546 542 1% 1 035 1 042 -1% 2 190
Energy Solutions 412 220 87% 651 353 85% 943
Marine Solutions 334 433 -23% 613 768 -20% 1 667
Net sales, total 1 292 1 196 8% 2 299 2 163 6% 4 801

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