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Wärtsilä expects boost from vaccine roll-outs after ‘significant’ impact of pandemic

‘To mitigate the financial effects of [the pandemic] we have implemented temporary actions to create savings in the form of reduced discretionary spending, worktime reductions, and temporary layoffs’ — chief executive Jaakko Eskola

Eskola says 2020 ‘proved to be an unprecedented year’ with expectations for the near-term demand environment to be similar. Visibility remains limited, and the prevailing market conditions make the outlook uncertain, the company says

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