Finnish engineering company Wärtsilä reported a record-high order book and increased second-quarter profit and sales, boosted by strong equipment demand including its first order from a U.S. data center.
The company's order book grew to an all-time high of 8.76 billion euros at the end of June, a 15% increase from the 7.61 billion euros a year earlier and nearly double the 4.52 billion euro order book from mid-2012.
For the second quarter, net sales rose 11% to 1.72 billion euros from 1.56 billion euros, while the operating result increased 11% to 186 million euros.
Order intake for the quarter jumped 18% to 2.19 billion euros, driven by large equipment orders, including a deal to supply 15 engines to a U.S. data center.
"The data centre segment continues to offer interesting business potential for Wärtsilä in both equipment and services," President and CEO Håkan Agnevall said in a statement.
Wärtsilä said it expects the demand environment for its Marine and Energy Storage businesses to be better over the next 12 months, while its Energy business demand is expected to be similar to the comparison period.
The company noted that geopolitical uncertainty and increased tariffs in the U.S. are creating challenges for its battery energy storage market.