Wartsila Reports Rise in Order Intake

25 October 2010 (Last Updated October 25th, 2010 18:30)

Wartsila Corporation's order intake in the third quarter of 2010 increased by 38% to reach €1bn compared with €725m a year earlier. The marine engineering company said during the last nine months its order intake rose 22% to €3bn against €2.4bn in the co

Wartsila Corporation’s order intake in the third quarter of 2010 increased by 38% to reach €1bn compared with €725m a year earlier.

The marine engineering company said during the last nine months its order intake rose 22% to €3bn against €2.4bn in the corresponding period a year ago.

The company, however, reported an 11% fall in net sales during the quarter to €1.03bn, lower than the €1.16bn reported in the same period of 2009.

In the past nine months Wartsila’s net sales were also down 17% to €3.09bn compared with €3.74bn during the same period year ago.