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Wartsila Oyj Abp (WRT1V.HE)

WRT1V.HE on Helsinki Stock Exchange

15.47EUR
1:54pm BST
Change (% chg)

€0.39 (+2.59%)
Prev Close
€15.08
Open
€15.10
Day's High
€15.47
Day's Low
€14.99
Volume
374,888
Avg. Vol
1,104,270
52-wk High
€19.13
52-wk Low
€12.75

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Wed, Jan 30 2019

UPDATE 1-Finland's Wartsila to cut 1,200 jobs after profit fall

HELSINKI, Jan 30 Finnish ship technology and power-plant maker Wartsila said it would shed 1,200 jobs, six percent of its workforce, to save 100 million euros a year by the end of 2020 as it missed quarterly profit forecasts.

UPDATE 2-Ship tech company Wartsila cuts services outlook after profit miss

* Finnish firm sees growth from sulphur scrubbers (Adds CEO comments, background on scrubbers, updates shares)

Ship tech company Wartsila cuts services outlook after profit miss

HELSINKI Finnish ship technology and power plant maker Wartsila reported lower than expected quarterly profit and orders on Tuesday and downgraded the demand outlook for its services division, sending its shares down more than 7 percent.

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