Wärtsilä, the Finnish propulsion system supplier, has forecast a 25% rise in net sales for 2008 on the back of a strong orderbook for engines and a good development of its service business. The company has revised its long-term profitability target to an EBIT 10% over a business cycle from the previous target of 8%.
Engines to drive Wärtsilä profits
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Wed 21 Nov, 2007
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