This document summarizes Wärtsilä Corporation's financial results for 2014. Key highlights include:
- Order intake increased 5% to EUR 5,084 million.
- Net sales increased 4% to EUR 4,779 million.
- EBIT was EUR 569 million, or 11.9% of net sales.
- The company announced the acquisition of L-3 Marine Systems International to strengthen its position in marine automation and electrical systems.
- Service demand continued to grow, with net sales from services reaching an all-time high of EUR 1,939 million.
Wärtsilä reported financial results for the first quarter of 2014. Order intake declined 16% to EUR 1,142 million due to challenging power plant markets. Net sales increased 15% to EUR 1,012 million, in line with expectations. EBIT was EUR 90 million, representing an 8.9% margin. The company expects full year 2014 net sales growth of 0-10% and operational profitability of around 11%.
- Wärtsilä's order intake increased 15% to EUR 1,285 million in Q1 2015, while net sales declined 1% to EUR 988 million. EBIT was EUR 100 million, an increase from EUR 98 million in Q1 2014.
- Order intake for power plants and services increased significantly, while ship power orders were supported by gas carrier contracts. Net sales were stable across segments.
- The outlook for power plant markets is cautiously positive as sentiment improves. The shipbuilding market remains challenging, while services market outlook is cautiously positive with growth in selected areas.
- Wärtsilä's order intake increased 21% in the first three quarters of 2014 while net sales declined 7% due to the timing of deliveries.
- The company's profitability remained strong with an EBIT margin of 12.7% despite lower net sales.
- Order intake grew in both the power plants and ship power businesses, driven by increased activity in gas power plants and gas carriers.
- Wärtsilä's order intake increased 2% to EUR 1,159 million in the first half of 2015. Net sales increased 10% to EUR 1,230 million.
- EBIT was EUR 137 million, or 11.1% of net sales. Acquisition of L-3 Marine Systems International was finalized.
- Services order intake and net sales increased, with positive market outlook. Energy Solutions order intake grew but power generation markets remain challenging. Marine Solutions order intake decreased due to low contracting activity.
This document summarizes the financial results of Wärtsilä Corporation for 2016. Key highlights include stable order intake, a decrease in net sales of 5%, an operating result of 12.1% of net sales, and a proposed dividend of EUR 1.30 per share. Order intake in Energy Solutions was strong, while newbuild vessel orders in Marine Solutions were exceptionally low in 2016. Services net sales developed steadily, and the installed base covered by service agreements continued to increase.
- Wärtsilä's order intake increased 9% in the first half of 2014 compared to the previous year. Net sales declined slightly by 2%.
- Earnings before interest and taxes (EBIT) were €122 million, an increase from €111 million the previous year.
- Order intake was supported by increases in the Ship Power and Services segments. Net sales were in line with expectations across all business segments.
- Prospects for the full year were revised with EBIT expected to be around 11.5% and net sales to grow by around 5%.
The European offshore wind industry -key trends and statistics 2015Ingeteam Wind Energy
3,019 MW of net installed, grid-connected capacity was added in 2015, 108%
more than in 2014. A net addition of 754 new offshore wind turbines in 15
wind farms were grid-connected from 1 January to 31 December 2015.
Wärtsilä reported its Q1 2017 results, with order intake up 11% to EUR 1.413 billion and net sales up 4% to EUR 1.007 billion. The book-to-bill ratio was 1.40. Order intake grew across all business areas, with strong growth in Energy Solutions of 30%. Services net sales were EUR 490 million. For 2017, Wärtsilä expects demand to be relatively unchanged overall from 2016, with solid growth prospects in Services and good demand in Energy Solutions, while Marine Solutions remains soft.
Wärtsilä reported financial results for the first quarter of 2014. Order intake declined 16% to EUR 1,142 million due to challenging power plant markets. Net sales increased 15% to EUR 1,012 million, in line with expectations. EBIT was EUR 90 million, representing an 8.9% margin. The company expects full year 2014 net sales growth of 0-10% and operational profitability of around 11%.
- Wärtsilä's order intake increased 15% to EUR 1,285 million in Q1 2015, while net sales declined 1% to EUR 988 million. EBIT was EUR 100 million, an increase from EUR 98 million in Q1 2014.
- Order intake for power plants and services increased significantly, while ship power orders were supported by gas carrier contracts. Net sales were stable across segments.
- The outlook for power plant markets is cautiously positive as sentiment improves. The shipbuilding market remains challenging, while services market outlook is cautiously positive with growth in selected areas.
- Wärtsilä's order intake increased 21% in the first three quarters of 2014 while net sales declined 7% due to the timing of deliveries.
- The company's profitability remained strong with an EBIT margin of 12.7% despite lower net sales.
- Order intake grew in both the power plants and ship power businesses, driven by increased activity in gas power plants and gas carriers.
- Wärtsilä's order intake increased 2% to EUR 1,159 million in the first half of 2015. Net sales increased 10% to EUR 1,230 million.
- EBIT was EUR 137 million, or 11.1% of net sales. Acquisition of L-3 Marine Systems International was finalized.
- Services order intake and net sales increased, with positive market outlook. Energy Solutions order intake grew but power generation markets remain challenging. Marine Solutions order intake decreased due to low contracting activity.
This document summarizes the financial results of Wärtsilä Corporation for 2016. Key highlights include stable order intake, a decrease in net sales of 5%, an operating result of 12.1% of net sales, and a proposed dividend of EUR 1.30 per share. Order intake in Energy Solutions was strong, while newbuild vessel orders in Marine Solutions were exceptionally low in 2016. Services net sales developed steadily, and the installed base covered by service agreements continued to increase.
- Wärtsilä's order intake increased 9% in the first half of 2014 compared to the previous year. Net sales declined slightly by 2%.
- Earnings before interest and taxes (EBIT) were €122 million, an increase from €111 million the previous year.
- Order intake was supported by increases in the Ship Power and Services segments. Net sales were in line with expectations across all business segments.
- Prospects for the full year were revised with EBIT expected to be around 11.5% and net sales to grow by around 5%.
The European offshore wind industry -key trends and statistics 2015Ingeteam Wind Energy
3,019 MW of net installed, grid-connected capacity was added in 2015, 108%
more than in 2014. A net addition of 754 new offshore wind turbines in 15
wind farms were grid-connected from 1 January to 31 December 2015.
Wärtsilä reported its Q1 2017 results, with order intake up 11% to EUR 1.413 billion and net sales up 4% to EUR 1.007 billion. The book-to-bill ratio was 1.40. Order intake grew across all business areas, with strong growth in Energy Solutions of 30%. Services net sales were EUR 490 million. For 2017, Wärtsilä expects demand to be relatively unchanged overall from 2016, with solid growth prospects in Services and good demand in Energy Solutions, while Marine Solutions remains soft.
Wärtsilä Corporation reported its half year financial results for 2018. Key highlights included a 14% increase in order intake compared to the same period last year. Net sales remained stable at 1.246 billion euros, which represents a 3% decrease. The order book increased to 5.904 billion euros from 5.089 billion euros in the same period last year. Demand for Wärtsilä's services and solutions is expected to improve somewhat over the course of 2018 compared to 2017.
Wärtsilä reported growth in order intake and net sales in 2018. Key highlights included:
- Order intake increased 12% to EUR 6.3 billion while order book grew 21% to EUR 6.2 billion.
- Net sales rose 5% to EUR 5.2 billion.
- Earnings per share increased to EUR 0.65 from EUR 0.63 in the previous year.
The presentation provided financial results and key metrics for 2018 and comparisons to 2017 for Wärtsilä's overall business as well as its Energy Solutions, Marine Solutions, and Services segments. Growth in order intake was seen across most areas although Energy Solutions saw slower customer decision making.
- Wärtsilä's Q1 2016 order intake was EUR 1,271 million, down 1% year-over-year, while net sales were EUR 967 million, down 2%. The book-to-bill ratio was 1.31.
- The comparable operating result was EUR 84 million, representing 8.7% of net sales, compared to EUR 100 million or 10.1% for Q1 2015.
- Order intake developed well in the equipment businesses, particularly for Energy Solutions power plants and Marine Solutions cruise and ferry vessels, while demand remains challenging in the merchant shipping and offshore segments.
Wärtsilä Corporation reported its interim results for the second quarter of 2016. Order intake increased 3% to EUR 1,194 million while net sales declined 3% to EUR 1,196 million. The operating result was EUR 122 million, a 10.2% margin. Key highlights included solid order intake growth, stable net sales, improved cash flow, and a book-to-bill ratio of 1.00. The order book ended at EUR 5,083 million, down 5% year-on-year.
Wärtsilä Corporation reported financial results for 2019 that were impacted by project-related challenges and lower equipment demand. Key highlights included a 16% decrease in order intake, net sales remaining flat, and the comparable operating result declining to 8.8% of net sales due to cost overruns on large projects. The services businesses for both Marine and Energy remained sound, with long-term service agreements covering a growing portion of their installed bases. The company proposed a dividend of €0.48 per share.
- Order intake and sales decreased across Wärtsilä's businesses due to the impacts of COVID-19, with the exception of stable sales in Marine Systems.
- The comparable operating result decreased 51% to EUR 55 million due to lower sales volumes and an unfavorable sales mix impacting profitability.
- Cash flow from operating activities increased significantly to EUR 252 million due to improved working capital management.
Wärtsilä reported its interim results for the first quarter of 2021. Order intake remained stable at €1,244 million while net sales declined 19% to €946 million due to the impacts of COVID-19. The comparable operating result was €41 million, a 28% decrease, as net provisions arising from a project risk review burdened results. While demand remains uncertain due to the pandemic, Wärtsilä expects the near-term environment to be somewhat better than the previous year.
- The document is a report summarizing the financial results of ACCIONA Group for the first half of 2014.
- Key highlights include revenues decreasing 2.5% to €3.005 billion mainly due to regulatory changes impacting the energy division. EBITDA fell 16.3% to €472 million also impacted by energy division performance.
- Net profit increased 42.9% to €68 million helped by asset sales and accounting changes extending useful life of wind farms.
This document provides a summary of Wärtsilä Corporation's half year report for January-June 2021. Some key points:
- Order intake increased 14% overall with strong growth in services orders.
- Net sales decreased 7% due to lower equipment deliveries, though service sales increased 16%.
- Profitability improved despite lower sales volumes due to a favorable sales mix and cost efficiency actions.
- The business continues to be impacted by COVID-19 though recovery is expected over time in key markets like marine.
- In Q1 2019, Wärtsilä's order intake decreased 6% to EUR 1.4 billion while net sales increased 8% to EUR 1.15 billion. The order book increased 15% to EUR 6.33 billion.
- Comparable operating profit increased 16% to EUR 102 million, representing 8.9% of net sales compared to 8.3% in Q1 2018.
- Growth in net sales was driven by higher services volumes in marine and increased equipment deliveries. Order intake was affected by slow decision-making in energy markets.
The document discusses ENEA CG's performance in Q2 and H1 2014. It provides an overview of key projects implemented, including the purchase of shares in MPEC Sp. z o.o., negotiations to purchase shares of ECO S.A., and 35% progress on construction of a new 1,075MW power unit. Financial results for the periods showed increased electricity production, higher revenues and profits year-over-year, and improved EBITDA margins.
Energy Consumption in Europe – why is it increasing and what are the policy i...Leonardo ENERGY
Two years ago, the EU appeared to be well on the way to meeting its 2020 energy efficiency targets. 2014 final energy consumption was lower than in any year since the 1980s, and lower than the level required in 2020. Since then, energy consumption has risen in two consecutive years and looks set to have kept on increasing in 2017. If these short-term trends continue, the 2020 targets will be missed.
This webinar analyses the drivers of recent increases in EU energy consumption, sector-by-sector; assess the likely short-term evolution of consumption; and invite participants to discuss the implications for policy makers.
Wärtsilä reported financial results for full year 2020 that showed declines compared to the previous year. Order intake decreased 18% and net sales decreased 11%. The comparable operating result decreased 40% and earnings per share decreased 14%. However, cash flow from operating activities increased significantly to a record high. For 2021, Wärtsilä expects demand to be similar to 2020 levels but visibility remains limited due to uncertainty in market conditions.
Wärtsilä reported its full year 2017 results with solid sales growth and strong order intake. Key highlights included order intake increasing 15% to EUR 5.6 billion and net sales growing 3% to EUR 4.9 billion. The company expects demand in 2018 to improve somewhat from 2017, with good prospects anticipated for its Services and Energy Solutions businesses and solid prospects for Marine Solutions.
- Order intake and net sales for Wärtsilä Corporation declined slightly in the first quarter of 2020 compared to the previous year, impacted by COVID-19 and a shift in product mix. The operating result also declined due to lower fixed cost absorption and less profitable service sales.
- Order intake for Wärtsilä Marine declined 12% year-over-year due to reduced vessel contracting amid market uncertainty caused by the pandemic. Net sales increased slightly due to growth in the marine services business.
- Order intake for Wärtsilä Energy was stable, with declines in some regions offset by growth in others. Net sales declined as large projects progressed.
Brief information about Turkish energy industry by 2016 including electricity generation and demand, pipelines, main companies and institutions and also market outlook
This document summarizes the financial results of ACCIONA Group for the first half of 2015. Key points include:
- Revenues increased 9.9% to €3,304 million driven by growth in energy business.
- EBITDA grew 21.4% to €573 million with energy contributing most at 82%.
- Attributable net profit increased 50.6% to €103 million.
- Net debt decreased 2.7% to €5,153 million while gearing improved.
- Capital expenditure declined 48.2% to €99 million mainly in energy division.
- Wärtsilä's order intake for the first nine months of 2020 decreased 14% to EUR 3.24 billion compared to the same period in 2019. Net sales decreased 3% to EUR 3.385 billion.
- The comparable operating result decreased 32% to EUR 172 million, representing 5.1% of net sales, down from 7.1% for the same period last year. This was impacted by a decline in services due to COVID-19 and weaker absorption of fixed costs.
- Cash flow from operating activities increased to EUR 407 million, up from EUR 269 million for the same period in 2019.
Wärtsilä reported its financial results for 2015. Order intake declined 3% to EUR 4.932 billion while net sales increased 5% to EUR 5.029 billion. EBIT was EUR 612 million, up from EUR 569 million in 2014. For 2016, Wärtsilä expects net sales growth of 0-5% and operational profitability of 12.5-13.0%. The outlook for the energy and marine markets remains challenging due to economic uncertainty and oversupply. However, the trend toward gas-fired and distributed power generation provides opportunities for growth. Wärtsilä also expects continued growth in its high-margin service business.
Wärtsilä Corporation reported financial results for the first three quarters of 2015. Order intake declined 17% to €1,086 million due to challenging market conditions in the energy and marine sectors. Net sales increased 9% to €1,222 million, supported by growth in services. Operational profitability (EBIT) was 13.1% of net sales, in line with expectations. For the full year, Wärtsilä expects net sales growth of 5-10% and an EBIT margin of 12.0-12.5%.
Wärtsilä Corporation reported its half year financial results for 2018. Key highlights included a 14% increase in order intake compared to the same period last year. Net sales remained stable at 1.246 billion euros, which represents a 3% decrease. The order book increased to 5.904 billion euros from 5.089 billion euros in the same period last year. Demand for Wärtsilä's services and solutions is expected to improve somewhat over the course of 2018 compared to 2017.
Wärtsilä reported growth in order intake and net sales in 2018. Key highlights included:
- Order intake increased 12% to EUR 6.3 billion while order book grew 21% to EUR 6.2 billion.
- Net sales rose 5% to EUR 5.2 billion.
- Earnings per share increased to EUR 0.65 from EUR 0.63 in the previous year.
The presentation provided financial results and key metrics for 2018 and comparisons to 2017 for Wärtsilä's overall business as well as its Energy Solutions, Marine Solutions, and Services segments. Growth in order intake was seen across most areas although Energy Solutions saw slower customer decision making.
- Wärtsilä's Q1 2016 order intake was EUR 1,271 million, down 1% year-over-year, while net sales were EUR 967 million, down 2%. The book-to-bill ratio was 1.31.
- The comparable operating result was EUR 84 million, representing 8.7% of net sales, compared to EUR 100 million or 10.1% for Q1 2015.
- Order intake developed well in the equipment businesses, particularly for Energy Solutions power plants and Marine Solutions cruise and ferry vessels, while demand remains challenging in the merchant shipping and offshore segments.
Wärtsilä Corporation reported its interim results for the second quarter of 2016. Order intake increased 3% to EUR 1,194 million while net sales declined 3% to EUR 1,196 million. The operating result was EUR 122 million, a 10.2% margin. Key highlights included solid order intake growth, stable net sales, improved cash flow, and a book-to-bill ratio of 1.00. The order book ended at EUR 5,083 million, down 5% year-on-year.
Wärtsilä Corporation reported financial results for 2019 that were impacted by project-related challenges and lower equipment demand. Key highlights included a 16% decrease in order intake, net sales remaining flat, and the comparable operating result declining to 8.8% of net sales due to cost overruns on large projects. The services businesses for both Marine and Energy remained sound, with long-term service agreements covering a growing portion of their installed bases. The company proposed a dividend of €0.48 per share.
- Order intake and sales decreased across Wärtsilä's businesses due to the impacts of COVID-19, with the exception of stable sales in Marine Systems.
- The comparable operating result decreased 51% to EUR 55 million due to lower sales volumes and an unfavorable sales mix impacting profitability.
- Cash flow from operating activities increased significantly to EUR 252 million due to improved working capital management.
Wärtsilä reported its interim results for the first quarter of 2021. Order intake remained stable at €1,244 million while net sales declined 19% to €946 million due to the impacts of COVID-19. The comparable operating result was €41 million, a 28% decrease, as net provisions arising from a project risk review burdened results. While demand remains uncertain due to the pandemic, Wärtsilä expects the near-term environment to be somewhat better than the previous year.
- The document is a report summarizing the financial results of ACCIONA Group for the first half of 2014.
- Key highlights include revenues decreasing 2.5% to €3.005 billion mainly due to regulatory changes impacting the energy division. EBITDA fell 16.3% to €472 million also impacted by energy division performance.
- Net profit increased 42.9% to €68 million helped by asset sales and accounting changes extending useful life of wind farms.
This document provides a summary of Wärtsilä Corporation's half year report for January-June 2021. Some key points:
- Order intake increased 14% overall with strong growth in services orders.
- Net sales decreased 7% due to lower equipment deliveries, though service sales increased 16%.
- Profitability improved despite lower sales volumes due to a favorable sales mix and cost efficiency actions.
- The business continues to be impacted by COVID-19 though recovery is expected over time in key markets like marine.
- In Q1 2019, Wärtsilä's order intake decreased 6% to EUR 1.4 billion while net sales increased 8% to EUR 1.15 billion. The order book increased 15% to EUR 6.33 billion.
- Comparable operating profit increased 16% to EUR 102 million, representing 8.9% of net sales compared to 8.3% in Q1 2018.
- Growth in net sales was driven by higher services volumes in marine and increased equipment deliveries. Order intake was affected by slow decision-making in energy markets.
The document discusses ENEA CG's performance in Q2 and H1 2014. It provides an overview of key projects implemented, including the purchase of shares in MPEC Sp. z o.o., negotiations to purchase shares of ECO S.A., and 35% progress on construction of a new 1,075MW power unit. Financial results for the periods showed increased electricity production, higher revenues and profits year-over-year, and improved EBITDA margins.
Energy Consumption in Europe – why is it increasing and what are the policy i...Leonardo ENERGY
Two years ago, the EU appeared to be well on the way to meeting its 2020 energy efficiency targets. 2014 final energy consumption was lower than in any year since the 1980s, and lower than the level required in 2020. Since then, energy consumption has risen in two consecutive years and looks set to have kept on increasing in 2017. If these short-term trends continue, the 2020 targets will be missed.
This webinar analyses the drivers of recent increases in EU energy consumption, sector-by-sector; assess the likely short-term evolution of consumption; and invite participants to discuss the implications for policy makers.
Wärtsilä reported financial results for full year 2020 that showed declines compared to the previous year. Order intake decreased 18% and net sales decreased 11%. The comparable operating result decreased 40% and earnings per share decreased 14%. However, cash flow from operating activities increased significantly to a record high. For 2021, Wärtsilä expects demand to be similar to 2020 levels but visibility remains limited due to uncertainty in market conditions.
Wärtsilä reported its full year 2017 results with solid sales growth and strong order intake. Key highlights included order intake increasing 15% to EUR 5.6 billion and net sales growing 3% to EUR 4.9 billion. The company expects demand in 2018 to improve somewhat from 2017, with good prospects anticipated for its Services and Energy Solutions businesses and solid prospects for Marine Solutions.
- Order intake and net sales for Wärtsilä Corporation declined slightly in the first quarter of 2020 compared to the previous year, impacted by COVID-19 and a shift in product mix. The operating result also declined due to lower fixed cost absorption and less profitable service sales.
- Order intake for Wärtsilä Marine declined 12% year-over-year due to reduced vessel contracting amid market uncertainty caused by the pandemic. Net sales increased slightly due to growth in the marine services business.
- Order intake for Wärtsilä Energy was stable, with declines in some regions offset by growth in others. Net sales declined as large projects progressed.
Brief information about Turkish energy industry by 2016 including electricity generation and demand, pipelines, main companies and institutions and also market outlook
This document summarizes the financial results of ACCIONA Group for the first half of 2015. Key points include:
- Revenues increased 9.9% to €3,304 million driven by growth in energy business.
- EBITDA grew 21.4% to €573 million with energy contributing most at 82%.
- Attributable net profit increased 50.6% to €103 million.
- Net debt decreased 2.7% to €5,153 million while gearing improved.
- Capital expenditure declined 48.2% to €99 million mainly in energy division.
- Wärtsilä's order intake for the first nine months of 2020 decreased 14% to EUR 3.24 billion compared to the same period in 2019. Net sales decreased 3% to EUR 3.385 billion.
- The comparable operating result decreased 32% to EUR 172 million, representing 5.1% of net sales, down from 7.1% for the same period last year. This was impacted by a decline in services due to COVID-19 and weaker absorption of fixed costs.
- Cash flow from operating activities increased to EUR 407 million, up from EUR 269 million for the same period in 2019.
Wärtsilä reported its financial results for 2015. Order intake declined 3% to EUR 4.932 billion while net sales increased 5% to EUR 5.029 billion. EBIT was EUR 612 million, up from EUR 569 million in 2014. For 2016, Wärtsilä expects net sales growth of 0-5% and operational profitability of 12.5-13.0%. The outlook for the energy and marine markets remains challenging due to economic uncertainty and oversupply. However, the trend toward gas-fired and distributed power generation provides opportunities for growth. Wärtsilä also expects continued growth in its high-margin service business.
Wärtsilä Corporation reported financial results for the first three quarters of 2015. Order intake declined 17% to €1,086 million due to challenging market conditions in the energy and marine sectors. Net sales increased 9% to €1,222 million, supported by growth in services. Operational profitability (EBIT) was 13.1% of net sales, in line with expectations. For the full year, Wärtsilä expects net sales growth of 5-10% and an EBIT margin of 12.0-12.5%.
- Wärtsilä reported a 7% increase in order intake and 6% increase in net sales for Q1 2018 compared to Q1 2017. Order intake was EUR 1,507 million and net sales were EUR 1,066 million.
- The equipment businesses of Energy Solutions and Marine Solutions performed well, with order intake and net sales growing compared to the previous year. Services net sales remained stable at EUR 535 million.
- The order book increased to EUR 5,490 million, up 7% compared to the end of 2017, demonstrating continued strong demand across Wärtsilä's businesses.
Wärtsilä Corporation reported its Q3 2016 results. Order intake increased 5% to EUR 1.139 billion while net sales declined 12% to EUR 1.079 billion. The operating result was EUR 123 million, an 11.4% margin. Order intake was strong in energy solutions due to growth in emerging markets and a large power plant order in Texas. However, net sales declined across all businesses due to lower delivery volumes. For 2016, Wärtsilä expects net sales to decline 5% and the operating margin to be around 12%.
This document is Wärtsilä Corporation's interim report for the period of January-September 2018. Some key points:
- Order intake was stable at EUR 1,372 million while net sales increased 13% to EUR 1,330 million. The order book increased 16% to EUR 5,918 million.
- Operating result was EUR 141 million, representing 10.6% of net sales. Earnings per share was EUR 0.17.
- Demand for Wärtsilä's services and solutions is expected to improve somewhat in 2018 compared to 2017, with anticipated increases in order intake for Marine Solutions and Services but a decline for Energy Solutions due to postponed investment decisions.
Interim Review January-June 2014: Strong development in orders received continued - profitability improvement proceeding according to plan
Presentation material at the news conference on July 31, 2014.
In 2014, 408 new offshore wind turbines in 9 wind farms and 1 demonstration project were fully grid connected, totaling 1,483.3 MW of new capacity. Siemens supplied 86.2% of new turbines. The UK accounted for 54.8% of new installations, followed by Germany at 35.7%. Monopiles remained the dominant foundation type, accounting for 91% of new foundations installed. Project financing reached its highest level ever in 2014, with €3.14 billion of non-recourse debt financing secured for offshore wind farms.
The document provides an overview and key financial figures for ANDRITZ GROUP for 2014. Order intake, sales, and order backlog reached record highs in 2014. Earnings and margins substantially improved compared to 2013, driven by strong performances in Pulp & Paper, Metals, and Separation. The order backlog remained at a high level, with Hydro and Pulp & Paper making up approximately 75% of the total backlog.
European Trends in Wind Energy Investment 2015 – a utilities’ perspectiveLászló Árvai
Bundling renewables activities and competencies across RWE Group
– Growth focus in onshore and offshore wind, hydro as strong operational backbone*
– Research & Development and Venture Capital to drive the development of emerging technologies
- Revenues for ACCIONA increased slightly by 0.6% to €4,728 million for the first nine months of 2014 compared to the same period in 2013.
- EBITDA decreased by 8% to €771 million due to higher costs of goods sold and provisions, partially offset by lower personnel and other expenses.
- Net profit increased substantially by 98.5% to €149 million helped by one-time gains from asset sales and extending the useful life of wind assets.
- ERG reported strong second quarter 2015 results, with adjusted EBITDA of €86 million, up 15% compared to the second quarter of 2014.
- In August, ERG acquired E.ON's Italian hydro business for €0.95 billion, adding 527MW of hydro capacity. The acquisition improves the complementarity of ERG's generation portfolio.
- ERG also acquired 6 wind farms in France for €72 million, doubling its capacity in the country to 127MW. For 2015, ERG increased its EBITDA guidance to €230 million and net debt guidance to €600 million to reflect these acquisitions.
- BOURBON reported revenues of €1.3 billion in 2013, up 13.1% at constant exchange rates, with improved profitability.
- The company added 38 vessels to its fleet and disposed of 31 vessels for $770 million through sales and long-term bareboat charters.
- BOURBON generated strong positive free cash flow of €450 million and reduced net debt by €320 million.
- The company is proposing a dividend of €1 per share, a 34% increase from 2012.
2015 04-27 - Yara International ASA Q1 2015 PresentationYara International
Yara International ASA reported strong first quarter results driven by higher deliveries and margins. Margins benefited from lower gas prices and a stronger US dollar. However, the company reported a NOK 1.8 billion currency loss due to US dollar appreciation. The industrial segment performed strongly. Prospects for the second quarter include a further expected NOK 650 million reduction in gas costs in Europe.
This document summarizes Wärtsilä Corporation's financial results for the third quarter and first nine months of 2017. Key highlights include order intake increasing 19% compared to Q3 2016, net sales up 9%, and comparable operating result of EUR 135 million, unchanged from the prior year period. The order book remained strong at EUR 5,075 million at the end of the period. Overall, the company saw solid growth in order intake across its business segments in the first nine months of the year. Wärtsilä expects demand to remain relatively unchanged for 2017 with services anticipated to grow and energy solutions and marine solutions to be solid.
Ackermans & van Haaren - 1H14 results: Investor presentationKatia Waegemans
Ackermans & van Haaren is a diversified
group active in 5 key segments: Infrastructure
& Marine Engineering (DEME, one of the largest
dredging companies in the world - CFE and A.A.
Van Laere, two construction groups with headquarters
in Belgium), Private Banking (Delen Private
Bank, one of the largest independent private
asset managers in Belgium, and asset manager
JM Finn in the UK - Bank J.Van Breda & C°, niche
bank for entrepreneurs and liberal professions in
Belgium), Real Estate, Leisure & Senior Care (Leasinvest
Real Estate, a listed real-estate investment
trust - Extensa, an important land and real estate
developer focused on Belgium, Luxembourg and
Central Europe), Energy & Resources (Sipef, an
agro-industrial group in tropical agriculture) and
Development Capital (Sofinim and GIB).
In 2013, through its share in its participations (incl.
CFE), the AvH group represented a turnover of 5.7
billion euros and employed 22,706 people. The
group concentrates on a limited number of strategic
participations with significant potential for
growth.
Financial Statements Review 2013: Solid performance in services - focus on profitability improvement
Presentation material at the new conference on February 6, 2014.
Ramirent reported improved financial performance in Q2 2015 compared to Q2 2014 due to higher demand and efficiency actions. Key highlights included:
- Net sales increased 5.0% to €159.4 million, driven by growth in Sweden, Denmark, and the Baltics.
- EBITA improved 30.2% to €21.0 million due to sales growth and cost reductions from centralizing maintenance and establishing a shared services center.
- ROI improved to 12.3% from 11.9% over the last 12 months due to higher margins and a reduced non-productive fleet.
Record offshore figures in 2013 conceal slow-down in new projects being developed. 418 offshore turbines came online in 2013 in Europe, making a record 1,567 Megawatts of new capacity. This is one-third more than the capacity installed in 2012. This makes a new total of 6,562 MW of offshore wind power - enough to provide 0.7% of the EU's electricity.
The document provides an overview of 12 state-owned enterprises in Ukraine that are slated for privatization in 2016. It includes basic financial information and ownership details for each company. Specifically, it summarizes companies in the fertilizer, energy generation, and energy distribution industries, including the Odesa Portside Plant, Tsentrenergo, and several regional energy distributors. For each it provides revenue, assets, ownership percentage and brief operational highlights.
Similar to Result presentation Q4 and full year 2014 (20)
Wärtsilä is introducing a new compact BOG reliquefaction unit called the Compact Reliq. The Compact Reliq uses proven Brayton cycle technology in a modular and compact design. It has a smaller footprint and lower weight than traditional solutions. The Compact Reliq also has improved efficiency compared to liquid subcooling systems, resulting in lower operating costs. Wärtsilä's experience and proven track record in BOG reliquefaction has been translated into this new compact and reliable module.
This document discusses Wärtsilä's biogas and BioLNG solutions. It provides an overview of biogas and biomethane production processes including anaerobic digestion, biogas upgrading, and liquefaction. Statistics on biogas potential and production are presented. Wärtsilä's Puregas upgrading and MR liquefaction technologies are described. The document also discusses the role of biogas and BioLNG in reducing emissions from transportation and as a transition fuel for shipping. Case studies of Wärtsilä biogas projects are briefly summarized.
The presentation discusses challenges and opportunities for using LNG as a marine fuel in meeting upcoming emissions regulations. It provides an overview of emissions regulations over time, projections for fuel demand shifts in 2020, and comparisons of different fuel options in terms of equivalent volume, tons, and CO2 emissions relative to conventional fuel. Case studies of technological substitutions in shipping and railroads show most transitions occurring over decades. The presentation argues for viewing gas fuels as future-proof and seeing the 2020 regulations as the beginning of structural industry changes.
This document discusses gas-powered energy centers for data centers. It begins by stating that increasing data center energy consumption and sustainability requirements mean data center owners need efficient and sustainable power solutions. It then discusses how gas-fueled power generation using natural gas engines is a cost-effective, efficient, and cleaner alternative to grid power or diesel generators. The document provides details on gas engine technology for data centers, including fast start-up times, efficient combustion control, and modular LNG storage and regasification systems. It also covers optimal electrical designs for redundancy and reliability, including ring busbar topology examples. In summary, the document promotes gas-powered energy centers as cleaner, more efficient solutions for data center power needs.
- Wärtsilä reported lower order intake, net sales, and operating result for Q3 2019 compared to Q3 2018 due to project-related challenges and low demand for equipment.
- Cost overruns on certain complex marine and energy projects resulted in a one-time €150 million charge to Wärtsilä's full-year 2019 results, of which €84 million was recognized in Q3.
- Corrective actions were taken to strengthen project management processes and controls to prevent issues surrounding new technologies, suppliers, and underestimated costs.
- Wärtsilä Corporation reported financial results for the first half of 2019, with order intake down 11% compared to the second quarter of 2018 but the order book up 10%. Net sales declined slightly by 2%.
- The Marine business saw order intake affected by delayed decision making in energy markets. Net sales declined slightly for Marine equipment but services sales increased.
- In Energy, order intake was impacted by fewer large orders for power plants from utilities. However, service agreements covering the installed base continued to grow.
At Wärtsilä, we have always been committed to making vessel operations more efficient, safe and ecological. We deliver solutions that help our customers boost profitability while meeting global environmental and safety compliance.
Smart Voyage Optimisation entails the creation of a Smart Marine ecosystem, whereby every vessel can connect to services that make voyaging safer and greener. We are developing a unique integrated infrastructure that combines the bridge systems, cloud data management, data services, decision support tools, and access to real-time information.
This document summarizes Wärtsilä Corporation's half year financial report for January-June 2017. Some key highlights include:
- Order intake increased 14% in Q2 2017 and book-to-bill was 1.05.
- Net sales grew 8% in Q2 2017, supported by higher power plant deliveries.
- Comparable operating result was €126 million, representing 9.7% of net sales.
- Demand in Services is expected to grow solidly in 2017 while demand in Energy Solutions is anticipated to be good. Demand in Marine Solutions is expected to be solid, raised from the previous expectation of soft.
This presentation by Yong Lim, Professor of Economic Law at Seoul National University School of Law, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Nathaniel Lane, Associate Professor in Economics at Oxford University, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Carrer goals.pptx and their importance in real lifeartemacademy2
Career goals serve as a roadmap for individuals, guiding them toward achieving long-term professional aspirations and personal fulfillment. Establishing clear career goals enables professionals to focus their efforts on developing specific skills, gaining relevant experience, and making strategic decisions that align with their desired career trajectory. By setting both short-term and long-term objectives, individuals can systematically track their progress, make necessary adjustments, and stay motivated. Short-term goals often include acquiring new qualifications, mastering particular competencies, or securing a specific role, while long-term goals might encompass reaching executive positions, becoming industry experts, or launching entrepreneurial ventures.
Moreover, having well-defined career goals fosters a sense of purpose and direction, enhancing job satisfaction and overall productivity. It encourages continuous learning and adaptation, as professionals remain attuned to industry trends and evolving job market demands. Career goals also facilitate better time management and resource allocation, as individuals prioritize tasks and opportunities that advance their professional growth. In addition, articulating career goals can aid in networking and mentorship, as it allows individuals to communicate their aspirations clearly to potential mentors, colleagues, and employers, thereby opening doors to valuable guidance and support. Ultimately, career goals are integral to personal and professional development, driving individuals toward sustained success and fulfillment in their chosen fields.
This presentation by Thibault Schrepel, Associate Professor of Law at Vrije Universiteit Amsterdam University, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
1.) Introduction
Our Movement is not new; it is the same as it was for Freedom, Justice, and Equality since we were labeled as slaves. However, this movement at its core must entail economics.
2.) Historical Context
This is the same movement because none of the previous movements, such as boycotts, were ever completed. For some, maybe, but for the most part, it’s just a place to keep your stable until you’re ready to assimilate them into your system. The rest of the crabs are left in the world’s worst parts, begging for scraps.
3.) Economic Empowerment
Our Movement aims to show that it is indeed possible for the less fortunate to establish their economic system. Everyone else – Caucasian, Asian, Mexican, Israeli, Jews, etc. – has their systems, and they all set up and usurp money from the less fortunate. So, the less fortunate buy from every one of them, yet none of them buy from the less fortunate. Moreover, the less fortunate really don’t have anything to sell.
4.) Collaboration with Organizations
Our Movement will demonstrate how organizations such as the National Association for the Advancement of Colored People, National Urban League, Black Lives Matter, and others can assist in creating a much more indestructible Black Wall Street.
5.) Vision for the Future
Our Movement will not settle for less than those who came before us and stopped before the rights were equal. The economy, jobs, healthcare, education, housing, incarceration – everything is unfair, and what isn’t is rigged for the less fortunate to fail, as evidenced in society.
6.) Call to Action
Our movement has started and implemented everything needed for the advancement of the economic system. There are positions for only those who understand the importance of this movement, as failure to address it will continue the degradation of the people deemed less fortunate.
No, this isn’t Noah’s Ark, nor am I a Prophet. I’m just a man who wrote a couple of books, created a magnificent website: http://www.thearkproject.llc, and who truly hopes to try and initiate a truly sustainable economic system for deprived people. We may not all have the same beliefs, but if our methods are tried, tested, and proven, we can come together and help others. My website: http://www.thearkproject.llc is very informative and considerably controversial. Please check it out, and if you are afraid, leave immediately; it’s no place for cowards. The last Prophet said: “Whoever among you sees an evil action, then let him change it with his hand [by taking action]; if he cannot, then with his tongue [by speaking out]; and if he cannot, then, with his heart – and that is the weakest of faith.” [Sahih Muslim] If we all, or even some of us, did this, there would be significant change. We are able to witness it on small and grand scales, for example, from climate control to business partnerships. I encourage, invite, and challenge you all to support me by visiting my website.
Why Psychological Safety Matters for Software Teams - ACE 2024 - Ben Linders.pdfBen Linders
Psychological safety in teams is important; team members must feel safe and able to communicate and collaborate effectively to deliver value. It’s also necessary to build long-lasting teams since things will happen and relationships will be strained.
But, how safe is a team? How can we determine if there are any factors that make the team unsafe or have an impact on the team’s culture?
In this mini-workshop, we’ll play games for psychological safety and team culture utilizing a deck of coaching cards, The Psychological Safety Cards. We will learn how to use gamification to gain a better understanding of what’s going on in teams. Individuals share what they have learned from working in teams, what has impacted the team’s safety and culture, and what has led to positive change.
Different game formats will be played in groups in parallel. Examples are an ice-breaker to get people talking about psychological safety, a constellation where people take positions about aspects of psychological safety in their team or organization, and collaborative card games where people work together to create an environment that fosters psychological safety.
This presentation by OECD, OECD Secretariat, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
This presentation by Professor Alex Robson, Deputy Chair of Australia’s Productivity Commission, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
This presentation by Katharine Kemp, Associate Professor at the Faculty of Law & Justice at UNSW Sydney, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
The importance of sustainable and efficient computational practices in artificial intelligence (AI) and deep learning has become increasingly critical. This webinar focuses on the intersection of sustainability and AI, highlighting the significance of energy-efficient deep learning, innovative randomization techniques in neural networks, the potential of reservoir computing, and the cutting-edge realm of neuromorphic computing. This webinar aims to connect theoretical knowledge with practical applications and provide insights into how these innovative approaches can lead to more robust, efficient, and environmentally conscious AI systems.
Webinar Speaker: Prof. Claudio Gallicchio, Assistant Professor, University of Pisa
Claudio Gallicchio is an Assistant Professor at the Department of Computer Science of the University of Pisa, Italy. His research involves merging concepts from Deep Learning, Dynamical Systems, and Randomized Neural Systems, and he has co-authored over 100 scientific publications on the subject. He is the founder of the IEEE CIS Task Force on Reservoir Computing, and the co-founder and chair of the IEEE Task Force on Randomization-based Neural Networks and Learning Systems. He is an associate editor of IEEE Transactions on Neural Networks and Learning Systems (TNNLS).
This presentation by Juraj Čorba, Chair of OECD Working Party on Artificial Intelligence Governance (AIGO), was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Professor Giuseppe Colangelo, Jean Monnet Professor of European Innovation Policy, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
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