The company said net earnings to 30 June were EUR 83m ($112m) from EUR 79m in the same period of 2013.
Order intake increased 9% to EUR 1.16bn, but revenue was down 2% at EUR 1.13bn.
It expects a pre-tax margin of 11.5% in 2014 thanks to selling 70% of its two-stroke engine business to CSSC of China.
CEO Bjorn Rosengren said: "The first half of 2014 has developed well.
