Wärtsilä announces interim financial report

Finnish power sources provider Wärtsilä has announced its interim report for the period between January and June 2011.

In this six-month period, order intake was €2,149m (£1,887m), an increase of eight per cent from last year’s figure, while net sales increased to €2,119m, an increase of three per cent.

At the end of the period the order book totalled €3,779m, representing a 12 per cent lower figure than last year’s €4,315m.

Earnings per share amounted to €0.78 and cash flow from operating activities fell to €84m.