Open navigation

Note

Add a note?

Operating environment, order intake, and order book

The demand for Wärtsilä’s services and solutions during the period January-September 2019 was below that of the corresponding period last year. In the marine markets, equipment order intake was affected by fewer orders received for scrubber solutions, project timing, and the weak vessel contracting environment. Delayed investment decisions continued to burden activity in the energy markets. Service demand, however, was sound in both end-markets.

Wärtsilä’s third quarter order intake totalled EUR 979 million (1,372), a decrease of 29% compared to the corresponding period last year. The book-to-bill ratio was 0.88 (1.03). Wärtsilä Marine accounted for 72% of the order intake and Wärtsilä Energy for 28%. The services related order intake increased by 6% to EUR 679 million (640).

Wärtsilä’s January-September order intake decreased by 15% to EUR 3,772 million (4,433) compared to the corresponding period last year, due to fewer equipment orders in both businesses. The book-to-bill ratio was 1.08 (1.22). Wärtsilä Marine accounted for 68% of the order intake and Wärtsilä Energy for 32%. The services related order intake increased by 3% to EUR 1,954 million (1,898).

The total order book at the end of September increased by 6% to EUR 6,294 million (5,918). Wärtsilä Marine accounted for 62% of the order book and Wärtsilä Energy for 38%.

Order intake and order book by reporting segment
MEUR 7-9/2019 7-9/2018 Change 1-9/2019 1-9/2018 Change 2018
Order intake 979 1 372 -29% 3 772 4 433 -15% 6 307
Marine 705 1 009 -30% 2 565 2 914 -12% 3 945
Energy 274 363 -25% 1 207 1 519 -21% 2 362
Order book, end of period 6 294 5 918 6% 6 166
Marine 3 895 3 536 10% 3 651
Energy 2 399 2 382 1% 2 515

Note

Add a note?

Note

Add a note?

Note

Add a note?