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Net sales

Wärtsilä’s net sales for the third quarter totalled EUR 1,178 million (1,079), an increase of 9% compared to the corresponding period last year. Net sales from the Services business increased by 3% to EUR 526 million (512). Net sales for Energy Solutions increased by 83% to EUR 324 million (177). Marine Solutions’ net sales totalled EUR 328 million (390), which is 16% lower than in the corresponding quarter last year.

Wärtsilä’s net sales for January-September 2017 were EUR 3,477 million (3,242), an increase of 7% over the corresponding period last year. Net sales from the Services business was stable at EUR 1,561 million (1,554). Net sales for Energy Solutions totalled EUR 975 million (530), an increase of 84%. Marine Solutions’ net sales decreased by 19% to EUR 941 million (1,158). 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-September 2017, approximately 67% was EUR denominated, 21% USD denominated, with the remainder being split between several currencies.

 

Net sales by business
MEUR 7-9/2017 7-9/2016 Change 1-9/2017 1-9/2016 Change 2016
Services 526 512 3% 1 561 1 554 0% 2 190
Energy Solutions 324 177 83% 975 530 84% 943
Marine Solutions 328 390 -16% 941 1 158 -19% 1 667
Net sales, total 1 178 1 079 9% 3 477 3 242 7% 4 801

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