The ship and power plant engine maker is now anticipating net sales to grow by 10% to 15%, instead of its earlier forecast of 5% to 10%.

Wartsila chief executive Bjorn Rosengren also projected an operational profitability growth of 10.5% to 11% by year-end.

 “Our profitability now stands at 10.3% and we believe it will improve in the fourth quarter,” he said in a statement.

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