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Operating environment, order intake, and order book

The demand for Wärtsilä’s services and solutions in the first quarter of 2019 was below that of the corresponding period last year. While the vessel contracting mix remained supportive of demand development in the marine markets, delayed investment decisions continued to burden activity in the energy markets.

Wärtsilä’s order intake for the review period January-March 2019 totalled EUR 1,416 million (1,507), a decrease of 6% over the corresponding period last year. The book-to-bill ratio was 1.23 (1.41). Wärtsilä Marine accounted for 65% of the order intake and Wärtsilä Energy for 35%. The services related order intake decreased by 2% to EUR 653 million (665).

The total order book at the end of the review period increased by 15% to EUR 6,330 million (5,490). Wärtsilä Marine accounted for 61% of the order book and Wärtsilä Energy for 39%.

Order intake and order book by reporting segment
MEUR 1-3/2019 Restated
1-3/2018
Change Restated
2018
Order intake 1 416 1 507 -6% 6 307
Marine 922 877 5% 3 945
Energy 494 630 -22% 2 362
Order book, end of period 6 330 5 490 15% 6 166
Marine 3 861 2 818 37% 3 651
Energy 2 469 2 672 -8% 2 515

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