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Finland's Wartsila posts lower Q1 profit, misses forecasts

HELSINKI, April 22 (Reuters) - Finnish marine and energy equipment maker Wartsila on Thursday posted a bigger-than-expected drop in first quarter earnings per share, hurt by the COVID-19 pandemic.

Wartsila’s operating profit slumped 30% to 36 million euros ($43.31 million) from a year ago with earnings per share falling to 0.04 euros from 0.05 euros. This was below the 0.06 euros expected by analysts, according to Refinitiv data. ($1 = 0.8312 euros) (Reporting by Essi Lehto; Editing by Michael Kahn and Himani Sarkar)

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