Wärtsilä's net sales for 2011 estimated to decline by 0-5%
(Thomson Reuters ONE) -
Wärtsilä Corporation Company Announcement 15 July 2011, at noon (EET)
Wärtsilä Corporation revises its prospects for 2011. Wärtsilä expects its net
sales for 2011 to decline by 0-5% compared to last year due to weaker than
expected marine service markets and the timing of power plant deliveries.
Wärtsilä has previously estimated net sales for 2011 to grow by 3-5%.
Wärtsilä reiterates its expectation that operational profitability (EBIT% before
nonrecurring items) will be around 11%.
Wärtsilä's order intake for the second quarter 2011 was solid, increasing by 5%
to EUR 1,170 million and by 20% in relation to the previous quarter.
Wärtsilä Corporation's Interim Report for the period January-June will be
published Wednesday 20th July 2011 at 8.30 a.m. Finnish time.
For further information, please contact:
Raimo Lind
Executive Vice President & CFO
Tel: +358 10 709 5640
raimo.lind(at)wartsila.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 15.07.2011 - 11:01 Uhr
Sprache: Deutsch
News-ID 56434
Anzahl Zeichen: 1613
contact information:
Town:
Helsinki
Kategorie:
Business News
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