Significant Increase in Order Intake
Order intake increased by 20% year-on-year to €2.3 billion, with notable growth in Pulp & Paper (up 52%) and Hydropower (up 14%).
Strong Order Backlog
Order backlog increased to €10.2 billion, providing a stable cushion for future sales.
Service Revenue Growth
Service revenue reached an all-time high, contributing 44% to total revenue, with notable growth in Hydropower and Environment & Energy segments.
Successful Restructuring Efforts
The company reported improved project execution and effects of restructuring efforts, particularly in Metals and Pulp & Paper, with headcount reduced by about 1,300 people.
Positive Developments in Hydropower
Hydropower segment saw a 23% revenue increase and a 54% increase in EBITA to €24 million, with a comparable EBITA margin increase from 5.1% to 6.4%.