Edition:
India

Wartsila Oyj Abp (WRT1V.HE)

WRT1V.HE on Helsinki Stock Exchange

17.34EUR
15 Jun 2018
Change (% chg)

€-0.22 (-1.22%)
Prev Close
€17.56
Open
€17.53
Day's High
€17.78
Day's Low
€17.28
Volume
2,409,703
Avg. Vol
1,014,029
52-wk High
€20.77
52-wk Low
€16.92

Latest Key Developments (Source: Significant Developments)

Finland's Wartsila Posts Rising Q1 Profit, Order Intake
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Wartsila Oyj Abp ::SAYS Q1 (NOT Q2) ORDER INTAKE INCREASED 7% TO EUR 1,507 MILLION.SAYS Q1 COMPARABLE OPERATING RESULT INCREASED TO EUR 88 MILLION.SAYS Q1 NET SALES INCREASED 6% TO EUR 1,066 MILLION.SAYS DEMAND FOR WÄRTSILÄ'S SERVICES AND SOLUTIONS IN 2018 IS EXPECTED TO IMPROVE SOMEWHAT FROM PREVIOUS YEAR.SAYS WHILE ECONOMIC OUTLOOK CONTINUES TO SUPPORT A GRADUAL RECOVERY IN MARINE INDUSTRY, IMPACT OF INCREASED GEOPOLITICAL UNCERTAINTY ON CUSTOMER DECISION-MAKING IS A CONCERN.SAYS SERVICES' NET SALES DEVELOPMENT WAS SLOWER THAN EXPECTED DURING Q1, AS CUSTOMERS IN MERCHANT AND OFFSHORE SEGMENTS CONTINUED TO LIMIT SPENDING TO ESSENTIAL REPAIRS AND MAINTENANCE.  Full Article

Wartsila Buys Marine Navigation Company Transas For 210 Mln Euros
Monday, 19 Mar 2018 

March 19 (Reuters) - Wartsila Oyj Abp ::SAYS ‍WILL ACQUIRE TRANSAS, A GLOBAL COMPANY HEADQUARTERED IN U.K​.SAYS ‍TRANSAS, WITH SALES OF AROUND 140 MILLION EUROS, MAKES MARINE NAVIGATION SOLUTIONS THAT INCLUDE COMPLETE BRIDGE SYSTEMS, DIGITAL PRODUCTS AND ELECTRONIC CHARTS​.SAYS ‍TRANSACTION IS VALUED AT MEUR 210 (ENTERPRISE VALUE) AND IS EXPECTED TO BE CLOSED DURING Q2 OF 2018​.SAYS ‍MOVE WILL SPEED WÄRTSILÄ ALONG ITS PATH TOWARDS ITS SMART MARINE ECOSYSTEM VISION​.  Full Article

Finland's Wartsila Extends Service Agreement With Winterthur Gas & Diesel
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Wartsila Oyj Abp ::SAYS ‍HAS SIGNED A 10-YEAR SERVICE PARTNERSHIP AGREEMENT WITH SWISS COMPANY WINTERTHUR GAS & DIESEL LTD​.  Full Article

Wärtsilä And Schneider Electric To Create New Back-Up Power Solution For Data Centers
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - WARTSILA OYJ ABP ::WÄRTSILÄ OYJ - WÄRTSILÄ AND SCHNEIDER ELECTRIC JOIN FORCES TO CREATE A NEW BACK-UP POWER SOLUTION FOR DATA CENTERS.WÄRTSILÄ AND SCHNEIDER ELECTRIC HAVE SIGNED A GLOBAL CO-OPERATION AGREEMENT.‍CO-OPERATION FOCUSES ON HYPERSCALE DATA CENTER PROJECTS WITH AT LEAST A 10 MW ELECTRICAL LOAD​.  Full Article

Wartsila Wins Power Plant Order In Indonesia
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Wartsila Oyj Abp ::WÄRTSILÄ OYJ - WÄRTSILÄ SMART POWER GENERATION PLANT WILL ENSURE RELIABLE POWER SUPPLY FOR JAKARTA’S NEW TRANSPORT SYSTEM.SAYS ‍HAS BEEN CONTRACTED TO DELIVER A 100 MW POWER GENERATION PLANT TO PT INDONESIA POWER​.  Full Article

Wartsila Wins Power Plant Order In Mauritania​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Wartsila Oyj Abp ::WARTSILA OYJ - WARTSILA TO SUPPLY POWER PLANT FOR WEST AFRICA’S LARGEST ELECTRICITY PROJECT THIS YEAR.SAYS ‍WARTSILA WILL DELIVER A TURNKEY POWER PLANT TO PROVIDE ELECTRICITY FOR PHASE TWO EXPANSION OF TASIAST MINE LOCATED IN MAURITANIA​.  Full Article

Wartsila Buys Underwater Service Company Trident For 17.5 Mln Euros
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Wartsila Oyj Abp ::WÄRTSILÄ STRENGTHENS ITS SERVICE ACTIVITY WITH THE ACQUISITION OF TRIDENT B.V..SAYS ‍THROUGH ACQUISITION WARTSILA BECOMES FIRST GLOBAL OPERATOR IN UNDERWATER SERVICES MARKET​.SAYS ‍ACQUISITION IS ESTIMATED TO BE CLOSED IN JANUARY 2018​.SAYS ‍ENTERPRISE VALUE OF TRANSACTION IS EUR 17.5 MILLION AND AN ADDITIONAL EUR 3.5 MILLION BASED ON BUSINESS PERFORMANCE.  Full Article

Wartsila Wins Solar Power Plant Order In Jordan
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Wartsila Oyj Abp ::WÄRTSILÄ TO INCREASE THE SHARE OF RENEWABLES IN JORDAN BY BUILDING 52 MWP SOLAR PV POWER PLANT.SAYS ‍HAS SIGNED AN EPC CONTRACT TO SUPPLY 52 MWP SOLAR POWER PLANT TO AM SOLAR BV JORDAN.SAYS ‍ORDER WAS BOOKED IN NOVEMBER 2017​.  Full Article

Wartsila Signs Marketing MOU With Mitsubishi Heavy Industries
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Wartsila Oyj Abp ::WÄRTSILÄ AND MITSUBISHI HEAVY INDUSTRIES MME TO COLLABORATE IN CREATING IMPROVED POWER AND PROPULSION FOR SHIPS.SAYS ‍WÄRTSILÄ AND MITSUBISHI HEAVY INDUSTRIES MARINE MACHINERY & EQUIPMENT CO. HAVE SIGNED A MEMORANDUM OF UNDERSTANDING REGARDING COMMERCIAL MARKETING OF A NEW ENERGY SOLUTION FOR SHIPS​.  Full Article

Wartsila wins power plant maintenance order in Colombia
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Wartsila Oyj Abp ::WARTSILA ENSURES EFFICIENCY AND RELIABILITY OF EL MORRO GAS POWER PLANT.  Full Article

Wartsila CFO says GE's Jenbacher would complement business well

HELSINKI, May 31 Jenbacher, the industrial gas engine business of General Electric (GE), would complement Wartsila, the chief financial officer of the Finnish company said on Thursday.