Wärtsilä's new orders in the first quarter increased to $1.55 billion

According to the quarterly report, the company's net sales increased by 4% in the first quarter of this year, from 967 million euros in the same period last year to 1 billion euros this year.

In this regard, Wah Ceyland President and CEO Jaakko Eskola pointed out that "new orders in the service business area grew strongly, which is attributed to customers increasingly favor long-term service agreements.

At the same time, the energy market continues to invest in new power generation businesses, including emerging and industrialized countries. In the ship programme business, it mainly benefited from the continuous active cruise ship and FSRU market. Although ship orders are still low, there are signs of improvement in sentiment indicating that demand for recovery will develop in the second half of this year. ”

Looking ahead, Eskola expects customers' maintenance needs and long-term agreement needs to continue to grow, and services in the service sector will further improve. As of the end of the first quarter of this year, Wärtsilä's hand-held orders were 5.09 billion euros, of which service and energy solutions orders grew faster, while ship program orders fell 21%.