Wärtsilä´s order intake rose by 39% in April-May, Net sales for 2007 estimated to grow by 10-15%

Wartsila Corporation
  • Stock exchange release
16 June 2006 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation Stock Exchange Release 16 June 2006 at 8.00 am local time

Wärtsilä’s order intake in April - May rose by approximately 39% compared to the same months last year, i.e. to EUR 647 million (464). For the Ship Power business the order intake was about EUR 381 million (218), for the Power Plants business roughly EUR 144 million (50), and for the Services business EUR 122 million (196).  The order book at the end of May2006 was EUR 3,541 million (2,099).

Wärtsilä maintains its forecast for 2006 unchanged. Net sales are expected to grow this year approximately 20%. The profitability level reached in 2005 will remain.

Wärtsilä´s net sales for 2007 are estimated to grow by approximately 10-15% compared to net sales 2006 based on the strong order book and the lively ordering activity. Capacity increase, available mid 2007, makes further growth possible in 2008.

For further information please contact Mr Raimo Lind, Executive Vice President & CFO, tel. +358 10 709 5640.

www.wartsila.com