Wärtsilä reported Q1 18 figures which fell short of market expectations in both revenues and operating margin. Demand was solid in Marine Solutions, mixed in Energy and stable in Services in Q1 18. The lack of momentum in demand for Services and revenue is now impacting the company’s margin. However, this disappointment should not be extrapolated, while the company expects overall demand to improve in 2018.
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Services stalled, impacting margins
- Published:
24 Apr 2018 -
Author:
Lionel Pellicer -
Pages:
3
Wärtsilä reported Q1 18 figures which fell short of market expectations in both revenues and operating margin. Demand was solid in Marine Solutions, mixed in Energy and stable in Services in Q1 18. The lack of momentum in demand for Services and revenue is now impacting the company’s margin. However, this disappointment should not be extrapolated, while the company expects overall demand to improve in 2018.