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Wärtsila to secure revenue from environment and emerging markets

Wärtsila's order book grew solidly in the first quarter, which leads the company to maintain its expectations for the year, a growth in orders of up to 10 percent.

Finnish Wärtslia is pleased with its performance in the first three months, even though the growth wasn't entirely able to keep up with the result for the first quarter, while revenue and the order book grew.

"The beginning of 2013 developed according to our expectations. Order intake grew by 22%, thanks to good development in both Power Plants and Ship Power, especially in the offshore segment. First quarter net sales and profitability were impacted by the anticipated low level of deliveries, mainly due to timing of projects," says Wärtsila CEO Björn Rosengren in a statement relating to the financial report.

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