Wârtsilä reported mixed figures in Q3 17 Orders grew by 19% in Q3 17, including +35% in Marine Solutions and +26% in Energy Solutins, while demand for Services was soft at +5% yoy. Revenue reached €1,178m, a 9% increase yoy driven by Energy Solutions (+83% yoy). Comparable operating result increased to €135m (versus €123m in Q3 16) and corresponds to a profit margin of 11.4% (unchanged). EPS was flat yoy at €0.43 while the cash flow from operating activities dec
25 Oct 2017
Fails to deliver margin improvements
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Fails to deliver margin improvements
Wartsila Oyj Abp (WRT1V:HEL) | 0 0 1.7% | Mkt Cap: 11,724m
- Published:
25 Oct 2017 -
Author:
Lionel Pellicer -
Pages:
3
Wârtsilä reported mixed figures in Q3 17 Orders grew by 19% in Q3 17, including +35% in Marine Solutions and +26% in Energy Solutins, while demand for Services was soft at +5% yoy. Revenue reached €1,178m, a 9% increase yoy driven by Energy Solutions (+83% yoy). Comparable operating result increased to €135m (versus €123m in Q3 16) and corresponds to a profit margin of 11.4% (unchanged). EPS was flat yoy at €0.43 while the cash flow from operating activities dec