Wärtsilä’s net sales to increase by about 25% in 2008 and profitability to improve

The management of Wärtsilä will today announce the growth estimate for 2008 and will specify the long term profitability target. Wärtsilä´s net sales are estimated to increase by about 25 percent in 2008. This estimate is based on a very strong order book, out of which approx. EUR 2.8 billion will be delivered in 2008, and the continued strong development of the Services business. In 2008 the profitability will improve. To support this growth, Wärtsilä is planning to invest approx. EUR 200 million during 2008 in capacity expansion, process improvements and maintenance.