It posted net earnings of EUR 86m ($92.1m) for the three months to the end of March versus EUR 63m for the same stretch of 2014.

The order intake increased by 15% to EUR 1.285bn while net sales went down 1% to EUR 988m.

Bjorn Rosengren, president of Wartsila, said: “Our performance is pretty much in line with expectations.

“The first quarter is always soft and then it becomes better on the delivery side.”

He