Subscribe to RSS feedWärtsilä orders soar 42% year on year
by
Steve Matthews, London
—
last modified
Aug 13, 2010 04:21 PM
INCREASED shipbuilding orders and overall economic recovery helped engine maker Wärtsilä achieve a 42% year on year increase in new orders in the second quarter of this year.
Second-quarter orders worth €1.1bn (US$1.4bn) contributed to half-year orders of €2bn.
However, operating profit fell to €117m in the second quarter and €211m in the first six months of 2010 to 10.3% of net sales, which declined by 20% to...
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