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Wärtsila grows on gas and offshore

In spite of continued modest growth in shipping and offshore, Wärtsilä has emerged unscathed from the first half of 2014. Gas and offshore carriers pull up the result in the second quarter, says the company’s CEO.

Photo: Björn Rosengren

Gas and offshore carriers have been frequent customers for the Finnish supplier Wärtsilä in the second quarter of the year, says CEO Björn Rosengren, who is pleased with the company’s development.

The number of orders for Wärtsilä rose by 9% in Q2 to a value of EUR 1.16 billion, while net revenue fell by 2% to EUR 1.13. Operating profit landed at EUR 122 million.

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