Outlook

This is the prospects statement from the Stock Exchange Release published on October 25th, 2019.

Wärtsilä's prospects


The demand for Wärtsilä’s services and solutions in the coming 12 months is expected to be somewhat below that of the previous 12 months. Demand by business area is anticipated to be as follows:

  • Soft in Wärtsilä Marine Business, due to lower vessel contracting volumes and a decline in the demand for scrubber solutions from last year’s exceptionally high level. Activity in the marine services market is expected to be stable.
  • Weak in Wärtsilä Energy Business (downgraded from soft). Market conditions in the energy industry are challenging, as the rapidly changing energy landscape is creating uncertainty among customers. The geopolitical and economic environment is further slowing decision-making. The demand for energy services is expected to be stable.        

Wärtsilä’s current order book for 2019 deliveries is EUR 1,708 million (1,364), comprised mainly of equipment deliveries. The comparable operating result for the full year 2019 is expected to be approximately EUR 100 million lower than in the previous year (EUR 577 million in 2018). 


This is the prospects statement from the Stock Exchange Release published on July 18th, 2019.

Wärtsilä's prospects

The demand for Wärtsilä’s services and solutions in the coming 12 months is expected to be somewhat below that of the previous 12 months (previously in-line). Demand by business area is anticipated to be as follows:

  • Soft in Wärtsilä Marine Business. The demand outlook has been downgraded from solid, due to lower vessel contracting volumes and an anticipated decline in the demand for scrubber solutions from last year’s exceptionally high level. Activity in the marine services market is expected to continue.
  • Soft in Wärtsilä Energy Business. The demand outlook has been downgraded from solid, as market conditions in the energy industry remain challenging, with geopolitical risks and economic uncertainty affecting customers’ appetite for investments. The demand for energy services remains healthy.

Wärtsilä’s current order book for 2019 deliveries is EUR 2,613 million (2,336). Deliveries are expected to be concentrated to the last quarter of the year.


This is the prospects statement from the Stock Exchange Release published on April 25th, 2019.


Wärtsilä's prospects

The demand for Wärtsilä’s services and solutions in the coming twelve months is expected to be in line with the comparative period of the previous year. Demand by business area is anticipated to be as follows:

  • Solid in Wärtsilä Marine Business. Wärtsilä's demand outlook for both services and equipment is supported by an extensive product mix and broad segment coverage, which limits the impact of a slower than anticipated marine market recovery.
  • Solid in Wärtsilä Energy Business. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets support the need for distributed and flexible power capacity. However, geopolitical risks and global uncertainty continue to affect customers’ appetite for investments. The services market outlook is supported by growth opportunities in selected regions and segments and by good order book development.

Wärtsilä’s current order book for 2019 deliveries is EUR 3,287 million (2,951). Deliveries are expected to be concentrated towards the latter part of the year.


This is the prospects statement from the Stock Exchange Release published on January 30th, 2019.


Wärtsilä's prospects for 2019
The demand for Wärtsilä’s services and solutions in 2019 is expected to be in line with the previous year. Demand by business area is anticipated to be as follows:

  • Solid in Wärtsilä Energy Business. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets create a need for distributed and flexible power capacity.
  • Solid in Wärtsilä Marine Business. Wärtsilä’s demand outlook is supported by its extensive product and service offering and broad segment exposure, which compensates for the slow pace of recovery in vessel contracting.
Wärtsilä’s current order book for 2019 deliveries is EUR 3,696 million (3,207). Deliveries are expected to be concentrated to the latter part of the year.



This is the prospects statement from the Stock Exchange Release published on October 23rd, 2018.

Wärtsilä's prospects for 2018
The demand for Wärtsilä’s services and solutions in 2018 is expected to improve somewhat from the previous year. Demand by business area is anticipated to be as follows:

  • Solid in Services (lowered from good). Although there are growth opportunities in selected regions and segments, the development of transactional service volumes has been slower than anticipated.
  • Good in Energy Solutions. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets are supporting the need for distributed and flexible power capacity, including gas-fired generation, energy storage, and smart integration technology.
  • Good in Marine Solutions. Wärtsilä’s demand outlook is supported by its extensive product mix and broad segment exposure, which compensates for the slow pace of recovery in overall vessel contracting.

Wärtsilä’s current order book for 2018 deliveries is EUR 1,364 million (1,206) and is comprised mainly of equipment deliveries. Services’ business is largely transactional, with only around 30% of its annual net sales coming from the order book.

 

This is the prospects statement from the Stock Exchange Release published on July 19th, 2018.

Wärtsilä's prospects for 2018
The demand for Wärtsilä’s services and solutions in 2018 is expected to improve somewhat from the previous year. Demand by business area is anticipated to be as follows:

  • Good in Services, although there are concerns related to fuel price development and escalating trade tensions.
  • Good in Energy Solutions. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets are supporting the need for distributed and flexible power capacity, including gas-fired generation, energy storage, and smart integration technology.
  • Good in Marine Solutions (raised from solid), supported by an extensive product mix and a broad market exposure.

Wärtsilä’s current order book for 2018 deliveries is EUR 2,336 million (2,087), which mainly comprises equipment deliveries. Services’ business is largely transactional, with only around 30% of annual net sales coming from the order book.


This is the prospects statement from the Stock Exchange Release published on April 24th, 2018.

Wärtsilä's prospects for 2018
The demand for Wärtsilä’s services and solutions in 2018 is expected to improve somewhat from the previous year. Demand by business area is anticipated to be as follows:

  • Good in Services thanks to growth opportunities in selected regions and segments.
  • Good in Energy Solutions. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets are supporting the need for distributed and flexible power capacity, including gas-fired generation, energy storage, and smart integration technology.
  • Solid in Marine Solutions. Despite improving sentiment, the marine market environment remains challenging due to overcapacity and lack of financing.

Wärtsilä’s current order book for 2018 deliveries is EUR 2,951 million (2,744), which mainly comprises equipment deliveries. Services’ business is largely transactional, with only around 30% of annual net sales coming from the order book.



This is the prospects statement from the Stock Exchange Release published on January 31st, 2018.

Wärtsilä's prospects for 2018

The demand for Wärtsilä’s services and solutions in 2018 is expected to improve somewhat from the previous year. Demand by business area is anticipated to be as follows:

  • Good in Services thanks to growth opportunities in selected regions and segments.
  • Good in Energy Solutions. The global shift towards renewable energy sources and increasing electricity demand in the emerging markets support the need for distributed and flexible power capacity, including gas-fired generation, energy storage, and smart integration technology.
  • Solid in Marine Solutions. Despite improving sentiment, the marine market environment remains challenging due to overcapacity and lack of financing.

Wärtsilä’s current order book for 2018 deliveries is EUR 3,171 million (3,143), which mainly comprises equipment deliveries. Services’ business is largely transactional, with only around 30% of annual net sales coming from the order book.

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