Wärtsilä reported its Q2 16 results. Main facts: Order intake solid but a clear miss on the EBIT margin. H1 16 revenues (€2,163m; -€55m lfl or -2% reported) H1 16 operating result (€179m; -€58m lfl or -24% reported and -€31m at cc or -13%) H1 16 cash flow from operations multiplied by 2.25x. Q2 order intake was €1,194m vs €1,159m; +3% lfl The comparable operating result reached €122m, or 10.2% of net sales (versus
20 Jul 2016
FY16 guidance now clearly at risk
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FY16 guidance now clearly at risk
- Published:
20 Jul 2016 -
Author:
Lionel Pellicer -
Pages:
3
Wärtsilä reported its Q2 16 results. Main facts: Order intake solid but a clear miss on the EBIT margin. H1 16 revenues (€2,163m; -€55m lfl or -2% reported) H1 16 operating result (€179m; -€58m lfl or -24% reported and -€31m at cc or -13%) H1 16 cash flow from operations multiplied by 2.25x. Q2 order intake was €1,194m vs €1,159m; +3% lfl The comparable operating result reached €122m, or 10.2% of net sales (versus