Finland’s Wartsila (WRT1V.HE) warned on Friday of a tough outlook for 2020 due to weaker demand for its ship technology and power plants and took a surprise multi-million euros charge on project cost overruns.
Shares in the engineering group plummeted to their lowest level in seven years. “We are going to have, for the next year, a very challenging year,” Chief Executive Jaakko Eskola told a conference call.
Brazil Energy Insight 
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