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Disaggregation of revenue
Revenue from the contracts with customers is derived over time and at a point in time in the following revenue types.
Net sales by revenue type
MEUR 1–3/2018 1–3/2017 2017
Products 261 289 1 149
Goods and services 111 117 567
Projects 569 516 2 785
Long-term agreements 125 84 410
Total 1 066 1 005 4 911
Timing of satisfying performance obligations
MEUR 1–3/2018 1–3/2017 2017
At a point in time 771 688 3 522
Over time 295 317 1 389
Total 1 066 1 005 4 911
Product sales consist of sales of spare parts and standard equipment for which the revenue is recognised at a point in time when the control of the products has transferred to customer, in general at the delivery of the goods.
Goods and services -type of revenue involves short-term field service jobs, which includes the delivery of a combination of service and equipment. The revenue is recognised at a point in time when service is rendered.
Projects contain short-term and long-term projects. Depending on the contract terms and the duration of the project, the revenue is recognised at a point in time or over time. Revenue related to long-term projects, such as construction contracts, integrated solutions projects, ship design, and energy solutions contracts, is recognised over time. Revenue for tailor-made equipment delivery projects is recognised at a point in time.
Long-term agreements contain long-term operating and maintenance agreements for which the revenue is recognised over time.

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