The group said net earnings to 31 March were EUR 73m ($95.22m), compared to EUR66m a year ago.

It was boosted by a EUR 25m gain from the sale of financial assets.

Order intake increased 22% to EUR 1.35bn, but revenue fell 12% to EUR882m.

The total orderbook stands at EUR 4.99bn, up 13% from 2012’s first threemonths.

Boss Bjorn Rosengren said order intake grew “thanks to good development inboth power plants and ship power, especially in the offshore segment.

“First