The stock exchange release published at 8:30 was missing the pdf-report due to a technical error, the pdf has now been added to this release. As of the first quarter of 2020, Wärtsilä Marine Business and Wärtsilä Energy Business constitute the reportable segments of the group, while Portfolio Business is reported as other business activities. The first concrete actions have been taken in locations where operations have been adversely impacted by the pandemic. The complete report … Wärtsilä Corporation will publish its Interim Report for the period January-March 2020 on Tuesday 21 April 2020 at 8.30 a.m. Finnish time. Wärtsilä’s Interim Financial Report January–March 2020 in International Shipping News 22/04/2020 HIGHLIGHTS OF THE REVIEW PERIOD JANUARY–MARCH 2020 • …
I am therefore pleased to highlight both the advances we have recently made in testing the use of ammonia in our engines and fuel systems, as well as the funding we have received for the X-Ahead project. This release is a summary of Wärtsilä’s Interim Report January-September 2019. HIGHLIGHTS OF THE REVIEW PERIOD JANUARY–MARCH 2020 • Order intake decreased by 12% to EUR 1,247 million (1,416) • Order book at the end of the period decreased by 4% to EUR 5,745 million (5,977) • Net sales increased by 2% to EUR 1,170 million (1,151) WÄRTSILÄ’S INTERIM FINANCIAL REPORT JANUARY-SEPTEMBER 2019. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. Interim Report Q1 2019; Half Year Report 2019 To mitigate this impact, we have taken proactive steps to lower our cost base with approximately EUR 100 million by reducing working hours and initiating temporary layoffs, as well as by limiting the use of external personnel and consultants. Consequently, Wärtsilä withdrew its market outlook for 2020 on 31 March 2020 pending an improvement in visibility.
Energy equipment deliveries, on the other hand, declined largely due to project timing and some COVID-19 related delays. By using this site, you agree to use the content for private use only.Please confirm that you are a private investor using the buttons below.Wärtsilä Corporation Financial Calendar 9 October 2014 at 10:00 a.m. EET The aim of this project is to develop deep expertise in the technical and business potential of Power-to-X, which will be used to promote a carbon neutral economy. This release is a summary of Wärtsilä’s Interim Report January-September 2018. **Comparable adjusted EBITA excludes items affecting comparability and purchase price allocation amortisation.“During the first quarter of 2020, Wärtsilä’s business environment was characterised by a sudden increase in uncertainty related to the coronavirus pandemic and its longer-term impact on the global economy.
The complete report is attached to this release as a pdf-file. The cruise segment in particular has been severely affected by the actions taken to contain the virus spread, while several energy project sites have been demobilised. The effects of the coronavirus pandemic are increasingly becoming visible in the demand environment of our markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. The tables in the report reflect both changes. The report will be available in pdf-format and in a web-based report system at www.wartsilareports.com as well as on … The complete report is attached to this release as a pdf file. Wärtsilä’s Interim Report January to March 2010 to be published 23 April 2010 at 8.30 a.m. local time. Wärtsilä is listed on Nasdaq Helsinki. Wärtsilä Corporation Interim Financial Report January-March 2020 21 April 2020 at 8:30 a.m. local time Wärtsilä's Interim Financial Report January-March 2020 Net sales stable, profitability burdened by COVID-19 impacts and mix This release is a summary of Wärtsilä's Interim Report January-March 2020. GOOD DEVELOPMENT IN NET SALES. 2019. Net sales increased slightly from the corresponding period last year, thanks to growth in both equipment deliveries and service activity in the Marine Business.
Measures taken to contain the spread of COVID-19 have resulted in factories running at lower than usual capacity and in restricted mobility of field service personnel. The complete report is attached to this release as a pdf file.