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Reuters

Finland's Wartsila tops quarterly order estimates carried by data centre power demand

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Finland's Wartsila tops quarterly order estimates carried by data centre power demand
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Wärtsilä said its order intake jumped 33% in the third quarter, beating market expectations, as AI-driven data centre projects boosted demand for its power-plant technologies. The Finnish engineering group booked new orders worth €2.37 billion ($2.65 billion) during the quarter, while analysts surveyed by Vara expected an average of €2.06 billion. The company’s products span power generation equipment and marine engines. The update was reported Oct 27 by Marta Frąckowiak in Gdansk, with editing by Milla Nissi-Prussak. Overall, the figures point to continued momentum tied to expanding data centre power requirements, even as broader industrial demand varies by region.

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