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Operating environment, order intake, and order book

The demand for Wärtsilä’s services and solutions during the period January-June 2019 was below that of the corresponding period last year. While demand development in the marine markets was stable, delayed investment decisions continued to burden activity in the energy markets.

Wärtsilä’s second quarter order intake totalled EUR 1,377 million (1,553), a decrease of 11% over the corresponding period last year. The book-to-bill ratio was 1.13 (1.25). Wärtsilä Marine accounted for 68% of the order intake and Wärtsilä Energy for 32%. The services related order intake increased by 5% to EUR 622 million (592).

Wärtsilä’s January-June order intake amounted to EUR 2,793 million (3,060) a decrease of 9% over the corresponding period last year. The book-to-bill ratio was 1.18 (1.32). Wärtsilä Marine accounted for 67% of the order intake and Wärtsilä Energy for 33%. The services related order intake was stable at EUR 1,275 million (1,258).

The total order book at the end of June increased by 10% to EUR 6,470 million (5,904). Wärtsilä Marine accounted for 61% of the order book and Wärtsilä Energy for 39%.

Order intake and order book by reporting segment
MEUR 4-6/2019 4-6/2018 Change 1-6/2019 1-6/2018 Change 2018
Order intake 1 377 1 553 -11% 2 793 3 060 -9% 6 307
Marine 936 1 027 -9% 1 859 1 905 -2% 3 945
Energy 441 526 -16% 935 1 155 -19% 2 362
Order book, end of period 6 470 5 904 10% 6 166
Marine 3 974 3 244 23% 3 651
Energy 2 496 2 660 -6% 2 515

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