the ship engine and power plant manufacturer wärtsilä’s performance deteriorated significantly in the third quarter.

in July–September comparable operating profit fell to eur 39 million, while a year earlier it was eur 141 million. The result, therefore, dropped 72 percent from the comparison period in front of.

net Sales decreased by 16% and order intake by 29% from one year ago.

the Result was already pre-order expected to stay one year ago, weaker. Wärtsilä issued in September profit warning, which the company told me this year comparable operating profit to be around eur 100 million lower than last year. The company warned at the same time also for July–September order intake weakness.

group leader Jaakko Eskola according to the third quarter Wärtsilä challenging as well as devices demand that the operation result.

– Order intake fell in the background were new vessels orders in the low and subdued than the sulfur scrubber systems on demand as well as increasingly protracted decision-making on the energy market, Eskola said in the announcement (switch to another service).

in Recent months, the weak development has been reflected in the Wärtsilä share price. Still early in the year, wärtsilä’s share was paid around 14 euros, but after the exchange rate has become clearly down. Yesterday’s closing was to 10.62 euros.

at the end of September, Wärtsilä says she will start co-operation negotiations, which can lead to worldwide, about 350 jobs will be axed. In finland, the company may deduct a maximum of 200 employees.

see also:

the Wärtsilä to start co-operation negotiations worldwide – Finland will be reduced up to 200 jobs

wärtsilä’s profit weaker than expected – the stock opened up over nine percent decline in the

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