Wärtsilä Corporation STOCK EXCHANGE RELEASE 19 January 2005, at 18.45 pm
Wärtsilä’s performance in the final quarter of 2004 was good. Net sales of the Power Businesses in 2004 totalled approx. EUR 2.2 billion and the profit margin will be around 5% according to preliminary calculations. Imatra Steel’s net sales amounted to approx. EUR 250 million and its profit margin will rise to roughly 8%. The capital gain on the sale of the Assa Abloy shares during the first quarter of 2004 was EUR 107.7 million.
Wärtsilä publishes its financial statements bulletin for 2004 at on 4 February 2005.