Wartsila Corp

WRT1V: XHEL (FIN)
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Wärtsilä Earnings: Margins Keep Improving Despite Softness in Energy Storage

Wärtsilä reported second-quarter sales of EUR 1.7 billion, up 11% year over year and slightly ahead of expectations. Profitability continued to improve, as EBIT margin expanded by 70 basis points to 12%. The company introduced its new segmentation, reporting its energy storage business separately.

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