Wartsila rises after Q2 order intake, sales beat expectations
** Finnish engineering group Wartsila WRT1V.HE rise 3.2%, paring earlier gains of more than 7%, after its Q2 order intake and net sales beat market expectations
** Its Q2 net sales come in at 1.56 billion euro ($1.70 billion), up 7% y/y and above the 1.55 billion euros seen in Vara Research consensus
** In regards to its Marine and Energy business, the firm also expects the demand environment for the next 12 months to improve
** "Given seasonally H2 margins are better than H1, we could see mid to high single digit upgrade to the consensus FY operating profit estimates," J.P.Morgan says
** Wartsila sits among the best performers on the pan-European STOXX 600 index .STOXX
($1 = 0.9187 euros)
Reporting by Enrico Sciacovelli
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