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WRT1V — Wartsila Oyj Abp News Story

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IndustrialsAdventurousLarge CapFalling Star

Wartsila falls after Q4 orders miss

** Shares in Wartsila WRT1V.HE fall 5% after the Finnish industrial group's fourth quarter orders missed consensus as its energy storage business faces challenges

  ** Q4 order intake came in at 2.22 billion euros ($2.63 billion), below the 2.33 billion euros seen on average by analysts polled by Vara

  ** J.P.Morgan analysts say the Q4 result was "mixed", with demand in the Energy segment "surprisingly weak"

  ** "Energy demand doesn't appear to be a standout yet vs. peers," JPM says

  ** RBC says the Q4 results look solid, but notes it had expected a bigger number for Energy orders, given the MW507 order in November for 27 large engines

  ** Wartsila shares, which are up 12% YTD, are one of bottom performers on STOXX 600 index .STOXX

($1 = 0.8454 euros)

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))

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