Q2 highlights: • Order intake increased 14% to €1,363m (€1,194m). • Net sales increased by 8% to €1,292m (€1,196m), beating consensus estimates of €1,214m. • Book-to-bill at 1.05 (1.00). • Comparable operating result increased to €126m (€122m), which represents 9.7% of net sales (10.2%). • Earnings per share increased to €0.38 (€0.19). • Cash flow from operating activities decreased to €2m (€202m). Wärts

21 Jul 2017
Poor cash flow offset by strong orders and improved prospects in marine

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Poor cash flow offset by strong orders and improved prospects in marine
Wartsila Oyj Abp (WRT1V:HEL) | 0 0 1.7% | Mkt Cap: 11,724m
- Published:
21 Jul 2017 -
Author:
Lionel Pellicer -
Pages:
3 -
Q2 highlights: • Order intake increased 14% to €1,363m (€1,194m). • Net sales increased by 8% to €1,292m (€1,196m), beating consensus estimates of €1,214m. • Book-to-bill at 1.05 (1.00). • Comparable operating result increased to €126m (€122m), which represents 9.7% of net sales (10.2%). • Earnings per share increased to €0.38 (€0.19). • Cash flow from operating activities decreased to €2m (€202m). Wärts