Annual Report 2019

Quarterly figures
										Restated
MEUR		10–12/ 2019	7–9/ 2019	4–6/ 2019	1–3/ 2019	10–12/ 2018	7–9/ 2018	4–6/ 2018	1–3/ 2018	10–12/ 2017**
Order intake
Wärtsilä Marine Business*		951	705	936	922	1 031	1 009	1 027	877
Wärtsilä Energy Business*		604	274	441	494	843	363	526	630
Total		1 555	979	1 377	1 416	1 874	1 372	1 553	1 507	1 514
Order book at the end of the financial period
Wärtsilä Marine Business*		3 799	3 895	3 974	3 861	3 651	3 536	3 244	2 818
Wärtsilä Energy Business*		2 079	2 399	2 496	2 469	2 515	2 382	2 660	2 672
Total		5 878	6 294	6 470	6 330	6 166	5 918	5 904	5 490	5 100
Net sales
Wärtsilä Marine Business*		1 020	776	801	733	831	680	685	619
Wärtsilä Energy Business*		664	342	416	418	701	650	561	447
Total		1 684	1 118	1 217	1 151	1 532	1 330	1 246	1 066	1 441
Share of result of associates and joint ventures		-2	-6	-1		3	3	4	3	6
Comparable adjusted EBITA		213	49	123	113	237	152	134	98	250
as a percentage of net sales		12.6	4.4	10.1	9.8	15.4	11.5	10.7	9.2	17.4
Depreciation, amortisation and impairment		-39	-58	-42	-41	-37	-31	-31	-30	-42
Purchase price allocation amortisation		-10	-10	-10	-11	-11	-11	-11	-10	-10
Comparable operating result		202	39	113	102	226	141	123	88	241
as a percentage of net sales		12.0	3.5	9.3	8.9	14.7	10.6	9.8	8.3	16.7
Items affecting comparability, total		-39	-28	-17	-11	-20		-12	-3	-19
Operating result		164	11	96	91	206	141	111	85	222
as a percentage of net sales		9.7	1.0	7.9	7.9	13.4	10.6	8.9	8.0	15.4
Financial income and expenses		-11	-11	-13	-13	-12	-11	-8	-9	-10
Profit before taxes		153		83	78	194	130	102	76	211
Income taxes		-51	-5	-21	-19	-41	-29	-28	-19	-47
Profit for the financial period		102	-5	62	59	153	101	75	57	165
Earnings per share (EPS), basic and diluted, EUR		0.17	-0.01	0.11	0.10	0.25	0.17	0.13	0.10	0.28
Gross capital expenditure		44	24	32	23	48	26	194	37	79
Investments in securities and acquisitions		2		4		-1		177	20	45
Cash flow from operating activities		295	-61	-37	35	349	122	41	-42	276
Working capital (WCAP) at the end of the financial period		732	870	784	656	581	782	790	726	563
Personnel at the end of the financial period
Wärtsilä Marine Business*		13 460	13 530	13 598	13 467	13 582	13 727	13 609	12 618
Wärtsilä Energy Business*		5 335	5 488	5 641	5 758	5 712	5 692	5 622	5 564
Total		18 795	19 018	19 239	19 225	19 294	19 420	19 231	18 182	18 065
* Segment figures in the comparison period 2018 have been restated to reflect the new organisational structure.
** Figures in the comparison period 2017 have been restated due to the adoption of IFRS 15.