Finnish engineering group Wärtsilä posted a 42-percent gain in its Q2, 2010 order intake, while the company's six-month pretax income dropped to about €109m (vs €141m in Q2, 2009).
Wärtsilä sales fell by 15% y-o-y to about €1.13bn.
"The second quarter of 2010 was strong for Wärtsilä in terms of ordering activity and it confirms clear signs of improvement in our operating environment," Ole Johansson, the Managing Director of Wärtsilä said, adding that "the recovery in the global economy is reflected in the contracting activity of the shipping industry where activity has clearly picked up during this year."
Wärtsilä kept its full-year outlook unchanged, with sales seen falling by up to 20 per cent.
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets.
Wärtsilä sales fell by 15% y-o-y to about €1.13bn.
"The second quarter of 2010 was strong for Wärtsilä in terms of ordering activity and it confirms clear signs of improvement in our operating environment," Ole Johansson, the Managing Director of Wärtsilä said, adding that "the recovery in the global economy is reflected in the contracting activity of the shipping industry where activity has clearly picked up during this year."
Wärtsilä kept its full-year outlook unchanged, with sales seen falling by up to 20 per cent.
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets.