Impacted by the continued uncertainty in the global economy, Wartsila’s order book at the end of 2013 decreased by 1% to EUR 4,426 million (4,492).
Björn Rosengren, President and CEO of Wärtsilä Corporation said: “ Due to unfavorable exchange rates and some delayed deliveries, the net sales development was slightly weaker than expected. This impacted our group order intake levels, which decreased by 1% compared to the previous year. The service markets remained stable. Long-term agreements continue to be a strategic focus area for the Services business, and I am pleased that several such contracts were signed during the year .”
Wärtsilä expects its net sales for 2014 to grow by 0-10% and its operational profitability (EBIT% before non-recurring items) to be around 11%.
Fourth quarter highlights
1-12/2013 review period highlights
Wärtsilä’s financial statements bulletin 2013.
[mappress] Press Release, January 29, 2014