Wartsila Oyj Abp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Wartsila Oyj Abp Sells Stake in Sato Oyj
Wartsila Oyj Abp announced that it has sold its shares in Sato Oyj, 1,987,940 shares, for approximately EUR 27 million. Wartsila will record a capital gain of approximately EUR 25 million on this sale. The tax on the capital gain is approximately EUR 6 million. After this transaction the Company holds no shares in Sato Oyj.
Latest Developments for Wartsila Oyj Abp
- Wartsila issues FY 2014 guidance in line with analysts' estimates
- Wartsila to realign its organization including reduction of about 1,000 employees globally
- Wartsila confirms no ongoing discussions with Rolls-Royce
- Wartsila Oyj Abp Specifies Downwards FY 2013 Net Sales Guidance and Maintains FY 2013 Operating Profitability Outlook
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