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Net sales

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Wärtsilä’s net sales for the second quarter totalled EUR 1,246 million (1,290), a decrease of 3% compared to the corresponding period last year. Net sales from the Services business decreased by 2% to EUR 582 million (594). Adjusting for the effects of currency translation, Services’ net sales increased by 3%. Net sales for Energy Solutions decreased by 11% to EUR 368 million (412). Marine Solutions’ net sales totalled EUR 296 million (284), which is 4% higher than in the corresponding quarter last year.

Wärtsilä’s net sales for the review period January-June 2018 was in line with the previous year at EUR 2,312 million (2,295). Net sales from the Services business was stable at EUR 1,117 million (1,127). Adjusting for the effects of currency translation, Services’ net sales increased by 5%. Net sales for Energy Solutions totalled EUR 635 million (651), a decrease of 2%. Marine Solutions’ net sales increased by 8% to EUR 560 million (517). Of the total net sales, Services accounted for 48%, Energy Solutions for 27%, and Marine Solutions for 24%.

Of Wärtsilä’s net sales for the period January-June 2018, approximately 69% was EUR denominated, 20% USD denominated, with the remainder being split between several currencies.

Net sales by business
MEUR 4-6/2018 Restated
4-6/2017
Change 1-6/2018 Restated
1-6/2017
Change Restated
2017
Services 582 594 -2% 1 117 1 127 -1% 2 407
Energy Solutions 368 412 -11% 635 651 -2% 1 401
Marine Solutions 296 284 4% 560 517 8% 1 104
Net sales, total 1 246 1 290 -3% 2 312 2 295 1% 4 911
Due to the internal reorganisation of service activities, EUR 44 million was transferred from Marine Solutions to Services in the figures for the second quarter of 2017 and EUR 177 million for the full year.

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