Wärtsilä’s January-February 2007 order intake grew 19% on same period last year

Wartsila Corporation
  • Stock exchange release
14 March 2007 at 2:01 AM E. Europe Standard Time

Wärtsilä Corporation STOCK EXCHANGE RELEASE 14.3.2007 at 3.30 pm local time

Addressing Wärtsilä’s Annual General Meeting which will begin at 4.00 pm today, 14 March 2007, President and CEO Ole Johansson will review the first two months of 2007 as follows:

“Demand in both the marine and energy markets has continued positive as expected in the first months of the current year. Our total order intake in January and February was EUR 768.7 million, more than 19% more than at the same time last year.”

The prospects for 2007, published at the release of the 2006 financial statements, remain unchanged. Mr Johansson will note in his review the following:

“Demand in the ship power and energy markets looks likely to remain active for Wärtsilä for at least the first half of 2007. Based on the strong order book, Wärtsilä’s net sales are expected to grow this year by around 15%. Profitability will exceed 9%. Wärtsilä sees further possibilities for growth in 2008.”


Annual General Meeting 2007 presentation PDF, 1Mb »