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Key figures
MEUR 1-3/2018 Restated
1-3/2017
Change Restated
2017
Order intake 1 507 1 413 7% 5 644
Order book at the end of the period 5 490 5 114 7% 5 100
Net sales 1 066 1 005 6% 4 911
Operating result¹ 85 76 12% 538
% of net sales 8.0 7.5 11.0
Comparable operating result 88 82 8% 576
% of net sales 8.3 8.1 11.7
Comparable adjusted EBITA 98 90 9% 612
% of net sales 9.2 9.0 12.5
Profit before taxes 76 70 491
Earnings/share, EUR 0.10 0.09 0.63
Cash flow from operating activities -42 2 430
Net interest-bearing debt at the end of the period 438 260 234
Gross capital expenditure 37 9 255
Gearing 0.21 0.13 0.10
¹Items affecting comparability in the first quarter of 2018 included costs related to restructuring programmes of EUR 3 million (6).

As of 1 January 2018, Wärtsilä has adopted the IFRS 15 Revenue from Contracts with Customers standard by using the full retrospective method. This interim report is published according to the new standard and comparison periods for 2017, including the opening balance sheet, have been restated accordingly. Wärtsilä has also restated the 2017 figures for Marine Solutions and Services, due to an internal transfer of certain service activities. This transfer has no impact on Group totals.

The share issue without payment approved by Wärtsilä’s Annual General Meeting on 8 March 2018 increased the total number of Wärtsilä shares to 591,723,390. The share related figures in the comparison periods have been adjusted to reflect the increased number of shares.

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