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Net sales

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Wärtsilä’s net sales for the review period January-March 2018 increased by 6% to EUR 1,066 million (1,005) compared to the corresponding period last year. Net sales from the Services business was stable at EUR 535 million (534). Net sales for Energy Solutions increased by 12% to EUR 267 million (239). Strategically important deliveries included the world's largest solar hybrid power plant in Burkina Faso. The hybridisation of an existing 57 MW diesel power plant with a 15 MWp solar PV plant will enhance plant performance, reduce fuel consumption, and lower CO2 emissions. Marine Solutions’ net sales totalled EUR 264 million (233), which is 13% higher than in the corresponding period last year. Of the total net sales, Services accounted for 50%, Energy Solutions for 25%, and Marine Solutions for 25%.

Of Wärtsilä’s net sales for the period January-March 2018, approximately 67% was EUR denominated, 20% USD denominated, with the remainder being split between several currencies.

Net sales by business
MEUR 1-3/2018 Restated
1-3/2017
Change Restated
2017
Services 535 534 0% 2 407
Energy Solutions 267 239 12% 1 401
Marine Solutions 264 233 13% 1 104
Net sales, total 1 066 1 005 6% 4 911
Due to the internal reorganisation of service activities, EUR 39 million was transferred from Marine Solutions to Services in the figures for the first quarter of 2017 and EUR 177 million for the full year.

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