Wärtsilä reported strong Q4 16 results despite subdued revenue. Main facts: - Order intake declined 6% to €1,324m with a mixed picture (Energy solution +37% and Marine Solutions -45% yoy). - Q4 revenue declined 2% yoy to €1,559m. - Book-to-bill still weak at 0.85x. - Comparable operating result improved to €253m, or 16.3% of revenue (versus €215m or 13.5%), a record high. - Earnings per share increased to €0.87 (€0.79). - Cash flow from operating activi

27 Jan 2017
Strong execution in Q4 16 and improving prospects for Energy Solutions

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Strong execution in Q4 16 and improving prospects for Energy Solutions
Wartsila Oyj Abp (WRT1V:HEL) | 0 0 1.7% | Mkt Cap: 11,724m
- Published:
27 Jan 2017 -
Author:
Lionel Pellicer -
Pages:
3 -
Wärtsilä reported strong Q4 16 results despite subdued revenue. Main facts: - Order intake declined 6% to €1,324m with a mixed picture (Energy solution +37% and Marine Solutions -45% yoy). - Q4 revenue declined 2% yoy to €1,559m. - Book-to-bill still weak at 0.85x. - Comparable operating result improved to €253m, or 16.3% of revenue (versus €215m or 13.5%), a record high. - Earnings per share increased to €0.87 (€0.79). - Cash flow from operating activi