Ship Power Service

• Net sales EUR 631.2 million (686.1) • Order intake EUR 836.7 million (626.4) • Year-end order book EUR 812.7 million (606.8)

Wärtsilä is the leading supplier of ship machinery, and propulsion and manoeuvring systems. Wärtsilä supplies engines and generating sets, reduction gears, propulsion equipment, control systems and sealing solutions for all types of vessels and offshore applications.

The market position of Wärtsilä’s marine engines

• Net sales EUR 936.8 million (885.5) • Personnel at year end 6 378 (5 993)• Long-term service agreements 9,609 MW (9,629) • Operation and maintenance agreements 2,569 MW

(2,289)

Wärtsilä supports its customers throughout the lifetime of their installations. Wärtsilä provides service and recondi-tioning both for ship machinery and power plants. Wärt-silä is expanding its service business by providing inno-vative services that support its customers’ business, ser-vice for several engine brands in key ports, long-term service contacts, predictive and condition-based mainte-nance, and operations and maintenance contracts.

Wärtsilä’s engine base1,000 MW

Power Plants

• Net sales EUR 651.9 million (577.5) • Order intake EUR 1,019.5 million (639.3) • Year-end order book EUR 752.4 million (357.2)

Wärtsilä is a leading supplier of power plants for decen-tralized power generation. We offer power plant solutions based on oil, gas and dual-fuel engines and biomass- fuelled plants.

Gas turbine and reciprocating engine orders1-60 MW unit size

Wärtsilä’s share in gas- and oil-fuelled power plants 1-60 MW unit size

Imatra Steel

• Net sales EUR 254.4 million (202.7) • Operating profi t EUR 20.4 million (0.7) • Personnel at end of period 1 259 (1 213)

Imatra Steel is Wärtsilä’s special engineering steels com-pany. Imatra Steel produces round, square and fl at spe-cial steel bars, and forged engine and front axle compo-nents. Its customers are European automotive and me-chanical engineering companies.

Imatra Steel’s net sales by market area 2004

• Wärtsilä 12% (5)

• Other engine manufacturers 55% (61)

• Gas turbines 33% (32)

Total market 19,464 MW (17,098)

Medium-speed main engines

• Wärtsilä 34% (28)

• Other engine manufacturers 66% (72)

Low-speed main engines

• Wärtsilä 18% (25)

• Other engine manufacturers 82% (75)

Auxiliary engines

• Wärtsilä 9% (8)

• Other engine manufacturers 91% (92)

• LFO 1% (1)

• Gas 5% (3)

• HFO 71% (33)

Source: Wärtsilä’s own market share statistics, see information on page 16.

Source: Diesel & Gas Turbine Worldwide and Wärtsilä

Timeframe: June 03 – May 04

• Finland 16% (15)

• Other Nordic countries 38% (38)

• Other EU countries 44% (46)

• Other countries 2% (2)

Design: Incognito Oy

Photos: Indav Oy and Wärtsilä photo archive

English Translation and Editing: Andrew Gardiner, Impress Ltd

Printing house: Libris Oy

March 2005

• Ship Power

• Power Plants

• Low-speed engines

• Medium-speed engines

140

120

100

80

60

40

20

0

Ship Power Service

• Net sales EUR 631.2 million (686.1) • Order intake EUR 836.7 million (626.4) • Year-end order book EUR 812.7 million (606.8)

Wärtsilä is the leading supplier of ship machinery, and propulsion and manoeuvring systems. Wärtsilä supplies engines and generating sets, reduction gears, propulsion equipment, control systems and sealing solutions for all types of vessels and offshore applications.

The market position of Wärtsilä’s marine engines

• Net sales EUR 936.8 million (885.5) • Personnel at year end 6 378 (5 993)• Long-term service agreements 9,609 MW (9,629) • Operation and maintenance agreements 2,569 MW

(2,289)

Wärtsilä supports its customers throughout the lifetime of their installations. Wärtsilä provides service and recondi-tioning both for ship machinery and power plants. Wärt-silä is expanding its service business by providing inno-vative services that support its customers’ business, ser-vice for several engine brands in key ports, long-term service contacts, predictive and condition-based mainte-nance, and operations and maintenance contracts.

Wärtsilä’s engine base1,000 MW

Power Plants

• Net sales EUR 651.9 million (577.5) • Order intake EUR 1,019.5 million (639.3) • Year-end order book EUR 752.4 million (357.2)

Wärtsilä is a leading supplier of power plants for decen-tralized power generation. We offer power plant solutions based on oil, gas and dual-fuel engines and biomass- fuelled plants.

Gas turbine and reciprocating engine orders1-60 MW unit size

Wärtsilä’s share in gas- and oil-fuelled power plants 1-60 MW unit size

Imatra Steel

• Net sales EUR 254.4 million (202.7) • Operating profi t EUR 20.4 million (0.7) • Personnel at end of period 1 259 (1 213)

Imatra Steel is Wärtsilä’s special engineering steels com-pany. Imatra Steel produces round, square and fl at spe-cial steel bars, and forged engine and front axle compo-nents. Its customers are European automotive and me-chanical engineering companies.

Imatra Steel’s net sales by market area 2004

• Wärtsilä 12% (5)

• Other engine manufacturers 55% (61)

• Gas turbines 33% (32)

Total market 19,464 MW (17,098)

Medium-speed main engines

• Wärtsilä 34% (28)

• Other engine manufacturers 66% (72)

Low-speed main engines

• Wärtsilä 18% (25)

• Other engine manufacturers 82% (75)

Auxiliary engines

• Wärtsilä 9% (8)

• Other engine manufacturers 91% (92)

• LFO 1% (1)

• Gas 5% (3)

• HFO 71% (33)

Source: Wärtsilä’s own market share statistics, see information on page 16.

Source: Diesel & Gas Turbine Worldwide and Wärtsilä

Timeframe: June 03 – May 04

• Finland 16% (15)

• Other Nordic countries 38% (38)

• Other EU countries 44% (46)

• Other countries 2% (2)

Design: Incognito Oy

Photos: Indav Oy and Wärtsilä photo archive

English Translation and Editing: Andrew Gardiner, Impress Ltd

Printing house: Libris Oy

March 2005

• Ship Power

• Power Plants

• Low-speed engines

• Medium-speed engines

140

120

100

80

60

40

20

0

Ship Power Service

• Net sales EUR 631.2 million (686.1) • Order intake EUR 836.7 million (626.4) • Year-end order book EUR 812.7 million (606.8)

Wärtsilä is the leading supplier of ship machinery, and propulsion and manoeuvring systems. Wärtsilä supplies engines and generating sets, reduction gears, propulsion equipment, control systems and sealing solutions for all types of vessels and offshore applications.

The market position of Wärtsilä’s marine engines

• Net sales EUR 936.8 million (885.5) • Personnel at year end 6 378 (5 993)• Long-term service agreements 9,609 MW (9,629) • Operation and maintenance agreements 2,569 MW

(2,289)

Wärtsilä supports its customers throughout the lifetime of their installations. Wärtsilä provides service and recondi-tioning both for ship machinery and power plants. Wärt-silä is expanding its service business by providing inno-vative services that support its customers’ business, ser-vice for several engine brands in key ports, long-term service contacts, predictive and condition-based mainte-nance, and operations and maintenance contracts.

Wärtsilä’s engine base1,000 MW

Power Plants

• Net sales EUR 651.9 million (577.5) • Order intake EUR 1,019.5 million (639.3) • Year-end order book EUR 752.4 million (357.2)

Wärtsilä is a leading supplier of power plants for decen-tralized power generation. We offer power plant solutions based on oil, gas and dual-fuel engines and biomass- fuelled plants.

Gas turbine and reciprocating engine orders1-60 MW unit size

Wärtsilä’s share in gas- and oil-fuelled power plants 1-60 MW unit size

Imatra Steel

• Net sales EUR 254.4 million (202.7) • Operating profi t EUR 20.4 million (0.7) • Personnel at end of period 1 259 (1 213)

Imatra Steel is Wärtsilä’s special engineering steels com-pany. Imatra Steel produces round, square and fl at spe-cial steel bars, and forged engine and front axle compo-nents. Its customers are European automotive and me-chanical engineering companies.

Imatra Steel’s net sales by market area 2004

• Wärtsilä 12% (5)

• Other engine manufacturers 55% (61)

• Gas turbines 33% (32)

Total market 19,464 MW (17,098)

Medium-speed main engines

• Wärtsilä 34% (28)

• Other engine manufacturers 66% (72)

Low-speed main engines

• Wärtsilä 18% (25)

• Other engine manufacturers 82% (75)

Auxiliary engines

• Wärtsilä 9% (8)

• Other engine manufacturers 91% (92)

• LFO 1% (1)

• Gas 5% (3)

• HFO 71% (33)

Source: Wärtsilä’s own market share statistics, see information on page 16.

Source: Diesel & Gas Turbine Worldwide and Wärtsilä

Timeframe: June 03 – May 04

• Finland 16% (15)

• Other Nordic countries 38% (38)

• Other EU countries 44% (46)

• Other countries 2% (2)

Design: Incognito Oy

Photos: Indav Oy and Wärtsilä photo archive

English Translation and Editing: Andrew Gardiner, Impress Ltd

Printing house: Libris Oy

March 2005

• Ship Power

• Power Plants

• Low-speed engines

• Medium-speed engines

140

120

100

80

60

40

20

0