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WRT1V — Wartsila Oyj Abp News Story

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Wärtsilä shares fall as Q1 net sales miss expectations

April 28 -      ** Shares of Wärtsilä WRT1V.HE, the Finland-based power source producer, fall 5% after the co reported Q1 net sales "slightly short" of forecasts

** Inderes notes that while Q1 result exceeded expectations, company's net sales fell "slightly short" of forecasts

** The brokerage also comments that Energy Storage orders remained low, "putting pressure on profitability"

** J.P. Morgan notes the company reported a "solid" Q1, but also remarks Energy margins were weaker than anticipated

** Wärtsilä's shares spiked by 5% on Thursday after a data center deal in Texas, hitting their historical high

** Up to the previous session's close, shares were up 25.7%​ YTD

 (Reporting by Jakub Lubiński)

 ((jakub.lubinski@thomsonreuters.com, +48 58 746 90 20))

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