Senvion Presents Business Figures for 2016

Image: SenvionImage: Senvion
2016 and 2017 are considered years of transition / Project delays lead to lower revenues / Consolidation has started
Senvion, cashflow, market, share, earnings, financial year

Senvion preparing the path to profitable growth

Wind Industry Profile of
Senvion preparing the path to profitable growth

Official Press Release Senvion:

2016 revenue at EUR 2.21bn with adjusted EBITDA of 9.3%, in line with guidance / 2019 targets show growth of 40%+ in absolute adjusted EBITDA from 2017 guidance / Company-wide efficiency programme (Move Forward) initiated with first set of public announcements to aid growth strategy for 2019

Senvion, a leading global manufacturer of wind turbines, closed its financial year 2016 with revenues of EUR 2.21bn and adjusted EBITDA margins of 9.3%. Revenues were marginally lower than expected due to minor project delays out of Senvion's control, but it still grew by 3.4% year-on-year.... ... More: Official Press Release Senvion

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